Palme's Performing Society is a non-profit charitable organization that provides acting and theatre production training to Slavic youth in the Greater Vancouver area. Founded in October of 1996 by two professional actors Lilia Akhatchinskaia and Oleg Feoktistov/Palme, the studio is set out to preserve the traditions and language of its participants. In the 12 years of its existence Palme's Performing Society has retained its goal of honouring Russian and Ukrainian roots and heritage by employing the famous Stanislavki technique in theatre-training and focusing on producing mostly classical literature plays. The studio provides training to people of different ages: from about 6 years old up to 30 year old. The doors of the studio are open to anyone willing to train to become an actor and membership is not restricted by any specific skill or other requirements.

Palme produces around 5 major plays per season, which usually include a children's play, an annual spring concert that incorporates poetry and preview scenes from upcoming performances, a New Year's or Christmas themed play, and several other plays. The work on plays goes more or less simultaneously as there are about 60 active members of the society, and plays are often split up between age groups. The studio also takes two annual trips - weekend at the Hemlock ski resort in January- February, and a 2- 3 week long summer workshop at Golden Ears or Alice Lake campgrounds. Since 2004 it has become a tradition to produce a special kind of play every year - one that would include elements of film as well as on stage acting. Most of the filming takes place during camping trips. The big video-play produced in 2007 was "By the Lake" - a compilation of several novels by Anton Tchekhov, a famous Russian writer known for "Uncle Vanya", "The Seagull", "Three Sisters". And this year we are working on "The Hounds of Baskerville" by Arthur Conan Doyle for our video-play. Most for the filming was done in August while camping at Alice Lake. Moreover, the children's play based on a Norwegian children's story "Karlson" also had video elements incorporated in it.

Palme's Performing Society is recognized in the Vancouver's Russian and Ukrainian communities and its continuing existence is a result of hard work and assistance from many volunteers, contributors, sponsors, and people who step up to offer unconditional support.