Overview
What is Paramount Hudson Valley Arts Inc?
Paramount Hudson Valley Arts Inc, based in Peekskill, New York, is a nonprofit organization dedicated to enriching local communities by offering diverse cultural programs and arts education through the performing arts. With a mission to serve the under-served community of Peekskill and nearby counties, they aim to provide high-quality theater, film, music, and fine arts events for schools, universities, senior centers, and health programs. Paramount Hudson Valley Arts Inc offers internships, training, workshops, master classes, and seminars in art administration, sponsors events, produces concerts, plays, exhibitions, and special events to benefit the community. Their activities also include raising awareness for AIDS through a musical group dedicated to introducing communities to the music of Queen. The organization has a team of seven dedicated individuals working towards achieving these goals.
Official website here: www.paramounthudsonvalleyarts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)
Paramount Hudson Valley Arts Inc has received a "Needs Improvement" rating from Charity Navigator, reflecting a score of 69%. The organization exhibits strengths in governance, with an entirely independent board and no reported material diversions of assets. Additionally, the program expense ratio is strong at 77.77%, indicating a significant portion of resources is directed towards its mission-related activities.
However, several critical areas need attention. Notably, the organization lacks essential policies, including a conflict of interest policy, a whistleblower policy, and document retention procedures, which have contributed to lower scores in accountability and finance. Furthermore, the absence of financial statements on their website and the nonprofit's tax form being missing also negatively impacted their overall rating.
Addressing these gaps could enhance transparency and accountability, potentially improving their rating in future assessments. Strengthening governance practices and providing complete financial disclosures would not only build trust with stakeholders but also support the organization's mission more effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Paramount Hudson Valley Arts Inc legitimate?
Paramount Hudson Valley Arts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paramount Hudson Valley Arts 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $336,903
For more financial information, click here
Official website here: www.paramounthudsonvalleyarts.org
What is the mission statement of Paramount Hudson Valley Arts Inc?
Paramount Hudson Valley Arts Inc is committed to serving diverse communities, primarily in Northern Westchester and Southern Putnam Counties in New York State. Their mission is to offer high-quality performing arts and arts education programs. They aim to establish accessible and professional arts programming in various disciplines, including theater, film, music, and fine arts. This is done for schools, universities, senior centers, and health programs. Paramount Hudson Valley Arts Inc also provides internships, technical training, workshops, master classes, and seminars in art administration. They sponsor, produce, present, promote, and collaborate in the presentation of music concerts, plays, art exhibitions, and special events to benefit the community and regional social welfare.
Official website here: www.paramounthudsonvalleyarts.org
Who is the CEO of Paramount Hudson Valley Arts Inc?
Abigail Adams is the Chairman of Paramount Hudson Valley Arts Inc.
Official website here: www.paramounthudsonvalleyarts.org
What is the revenue of Paramount Hudson Valley Arts Inc?
Paramount Hudson Valley Arts Inc's revenue in 2022 was $1,354,967.
Official website here: www.paramounthudsonvalleyarts.org
Who are the executives of Paramount Hudson Valley Arts Inc and what are their salaries?
The average compensation at Paramount Hudson Valley Arts Inc during 2022 was $48,129. There are 7 employees at Paramount Hudson Valley Arts Inc.
Here are 8 key members and their salaries:
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- Compensation: $51,100
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Official website here: www.paramounthudsonvalleyarts.org
Where can I find the form 990 for Paramount Hudson Valley Arts Inc?
Paramount Hudson Valley Arts Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.paramounthudsonvalleyarts.org
Learn more at the official website: www.paramounthudsonvalleyarts.org
Mission Statement of Paramount Hudson Valley Arts Inc
Paramount Hudson Valley Arts Inc, a nonprofit organization, is dedicated to charitable, religious, educational, and scientific purposes. Its primary mission is to enrich the communities in and surrounding Northern Westchester and Southern Putnam Counties in New York State through diverse cultural programs and arts-in-education. This is achieved by offering high-quality performing arts and education programs, including theater, music, film, and fine arts.
The organization aims to make these programs accessible to under-served communities, such as schools, universities, centers for seniors, and health programs, in Peekskill and Northern Westchester County. Paramount Hudson Valley Arts Inc goes beyond just presenting performances and exhibitions; it also provides internships, technical training, workshops, master classes, and seminars in art administration. Furthermore, the nonprofit sponsors, produces, presents, promotes, and collaborates in the presentation of music concerts, plays, art exhibitions, and special events to benefit the local community and regional social welfare.
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Impact
July, 2024
Paramount Hudson Valley Arts Inc's impact is evident in its dedication to providing quality performing arts and arts education programs to the diverse and underserved community of Peekskill and Northern Westchester County. Through a range of initiatives including music concerts, plays, art exhibitions, and special events, Paramount Hudson Valley Arts aims to enrich the cultural landscape of the region. The organization actively collaborates with schools, universities, centers for seniors, and health programs to ensure accessible and professional arts programming. By offering internships, technical training, workshops, master classes, and seminars in art administration, Paramount Hudson Valley Arts is not only fostering artistic talent but also contributing to the social welfare of the community and region.
This information is meant to be a general summary of Paramount Hudson Valley Arts 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.
- Program Service Revenue: $1,109,460
- Gross Receipts: $1,354,967
Assets and Liabilities:
- Total Assets: $860,892
- Total Liabilities: $171,502
- Net Assets: $689,390
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOX OFFICE INCOME, NET
Revenue
$969,051
CONCESSION SALES
Revenue
$140,409
Organization Details
Founding Year
2013
Phone
(914) 649-5606Principal Officer
Abigail Adams
Main Address
1008 BROWN STREET, PEEKSKILL, NY, 10566
NTEE Category
Code: A61 - Arts
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