Overview
What is Historic Paramount Theatre Inc?
Historic Paramount Theatre Inc is a nonprofit organization situated in Abilene, Texas, specifically at 352 Cypress Street. Their primary objective is to manage and preserve the Historic Paramount Theatre, aiming to contribute positively to the local community and its surrounding areas. With a dedicated workforce of 55 employees, they strive to safeguard this historical venue for the enjoyment and enrichment of the local population.
Official website here: www.paramount-abilene.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
Historic Paramount Theatre Inc has received a commendable Four-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and financial management. The organization scored exceptionally well across various criteria, demonstrating a commitment to transparency and responsible fiscal practices. With a substantial program expense ratio of 86.04%, it shows that the vast majority of its expenses are directed towards its mission-related activities.
The nonprofit boasts a fully independent board, with all 17 members meeting the criteria for independence. This aspect reinforces the organization's governance structure and its ability to make unbiased decisions. Additionally, the presence of comprehensive policies, including conflict of interest and whistleblower protections, highlights a robust framework designed to uphold ethical standards and protect stakeholders.
There are no notable limitations mentioned in the available data, indicating that Historic Paramount Theatre Inc maintains a solid operational foundation. Their effective oversight and commitment to best practices in finance and accountability position them as a trustworthy organization within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Historic Paramount Theatre Inc legitimate?
Historic Paramount Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Historic Paramount Theatre Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $91,637
Professional Fundraising Fees: $0
Other Salaries and Wages: $244,715
For more financial information, click here
Official website here: www.paramount-abilene.org
What is the mission statement of Historic Paramount Theatre Inc?
The Historic Paramount Theatre Inc's mission is centered around managing and preserving the historic theatre. This endeavor is aimed at benefiting the community of Abilene and its surrounding areas. By preserving the theatre, the organization seeks to contribute positively to the lives of its citizens. The preservation efforts ensure that the theatre continues to serve as a valuable cultural asset for future generations. The organization's primary goal is to ensure the theatre remains a beneficial resource for the community.
Official website here: www.paramount-abilene.org
Who is the CEO of Historic Paramount Theatre Inc?
George Levesque is the Principal Officer of Historic Paramount Theatre Inc.
Official website here: www.paramount-abilene.org
What is the revenue of Historic Paramount Theatre Inc?
Historic Paramount Theatre Inc's revenue in 2022 was $972,991.
Official website here: www.paramount-abilene.org
Who are the executives of Historic Paramount Theatre Inc and what are their salaries?
The average compensation at Historic Paramount Theatre Inc during 2022 was $6,115. There are 55 employees and 25 volunteers at Historic Paramount Theatre Inc.
Here are 18 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $86,088
- Related: $0
- Other: $0
Official website here: www.paramount-abilene.org
Where can I find the form 990 for Historic Paramount Theatre Inc?
Historic Paramount Theatre Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.paramount-abilene.org
Learn more at the official website: www.paramount-abilene.org
Mission Statement of Historic Paramount Theatre Inc
Historic Paramount Theatre Inc is committed to managing and preserving the Historic Paramount Theatre, with the ultimate goal of benefiting the citizens of Abilene and its surrounding areas. By taking on this mission, the organization seeks to protect and maintain the theatre's historical significance, ensuring that it continues to serve as a valuable resource for the community. Through their efforts, the Historic Paramount Theatre can continue to offer a space for entertainment, education, and cultural enrichment, enriching the lives of those in the area.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Historic Paramount Theatre Inc's impact revolves around managing and preserving the Historic Paramount Theatre to benefit the citizens of Abilene and the surrounding areas, specifically in the realm of arts. They work towards maintaining this historic landmark as a cultural hub that offers entertainment, artistic experiences, and community engagement opportunities. Through their efforts, they contribute to the enrichment and vitality of the local arts scene, providing a space for creativity, expression, and cultural exploration for the community.
This information is meant to be a general summary of Historic Paramount Theatre Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $143
- Program Service Revenue: $288,641
- Gross Receipts: $972,991
Assets and Liabilities:
- Total Assets: $869,981
- Total Liabilities: $20,957
- Net Assets: $849,024
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Theatre Rental
Revenue
$104,836
Theatre Productions
Revenue
$65,018
Movie Ticket Sales
Revenue
$48,557
Concession Stand
Revenue
$70,230
Organization Details
Founding Year
2002
Principal Officer
George Levesque
Main Address
352 Cypress Street, Abilene, TX, 79601
Website
www.paramount-abilene.orgNTEE Category
Code: A65 - Arts
If you are a representative of Historic Paramount Theatre Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.