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The Paramount Theater Foundation In F/K/A The Paramount Theater Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 541554483 ✦ Charlottesville, VA ✦ Designated as a 501(c)(3)

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Overview

What is The Paramount Theater Foundation In F/K/A The Paramount Theater Inc?

The Paramount Theater Foundation, formerly known as The Paramount Theater Inc., is a nonprofit organization situated in Charlottesville, Virginia. Its primary goal is to finance the upgrades and maintenance of the historic Paramount Theater, a significant landmark in the community. The foundation accomplishes this by soliciting donors and contributing to various capital campaigns. By doing so, it ensures the theater's continued operation and addresses any financial needs it may have, both short and long-term. The mission of the foundation is to preserve and restore the Paramount Theater, providing educational, enchanting, enriching, and enlightening programs for generations to come.


Official website here: www.theparamount.net

What do the Facebook reviews say about The Paramount Theater Foundation In F/K/A The Paramount Theater Inc?

90% of 822 reviewers on Facebook recommend The Paramount Theater Foundation. Here is a summary of their reviews:

Many guests appreciate the venue's charm and ambiance, especially highlighting it as a beautiful space for significant events like graduation ceremonies. This suggests that visitors find the location appealing and conducive for special celebrations.

Overall, the sentiments lean towards a positive experience, with users expressing satisfaction with the venue's atmosphere and suitability for important occasions. It appears that The Paramount Theater Foundation successfully delivers a memorable setting for its users.


This AI summary has been generated from reviews found on Facebook.

Is The Paramount Theater Foundation In F/K/A The Paramount Theater Inc legitimate?

The Paramount Theater Foundation In F/K/A The Paramount Theater Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Paramount Theater Foundation In F/K/A The Paramount Theater 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: $0

For more financial information, click here


Official website here: www.theparamount.net

What is the mission statement of The Paramount Theater Foundation In F/K/A The Paramount Theater Inc?

The Paramount Theater Foundation's mission is centered around funding the restoration, preservation, and long-term needs of a historic landmark theater. This aims to ensure the facility can continue to serve its community and region for generations, offering programs that educate, enchant, enrich, and enlighten its audience. The foundation actively seeks out donors to raise funds for various capital campaigns, which in turn fund improvements and maintenance of the historic theater. It maintains an awareness of the theater operations and financial needs, both short-term and long-term.


Official website here: www.theparamount.net

What is the revenue of The Paramount Theater Foundation In F/K/A The Paramount Theater Inc?

The Paramount Theater Foundation In F/K/A The Paramount Theater Inc's revenue in 2024 was $320,462.


Official website here: www.theparamount.net

Who are the executives of The Paramount Theater Foundation In F/K/A The Paramount Theater Inc and what are their salaries?

Here are 27 key members and their salaries:


Sterling Frank (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patti Carry (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Paulson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Rainey (Immediate Pa)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Edmonds (Member-At-La)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carla Hallman (Member-At-La)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Jones (Member-At-La)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorenzo Dickerson (Member-At-La)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mj Abbitt-Sushka (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Bradley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Dalton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David T Gies (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Hahn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Quinton Harrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Holden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Littlepage (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherri Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Plasket (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Pritzlaff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Shevlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Sieg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Steele (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Uppala (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrienne Woodard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie A Montross (Executive Di)
  • Compensation: $0
  • Related: $107,078
  • Other: $26,770
Taylor Cashwell (Director Of)
  • Compensation: $0
  • Related: $67,119
  • Other: $16,780


Official website here: www.theparamount.net

Where can I find the form 990 for The Paramount Theater Foundation In F/K/A The Paramount Theater Inc?

The Paramount Theater Foundation In F/K/A The Paramount Theater Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.theparamount.net

Learn more at the official website: www.theparamount.net

Mission Statement of The Paramount Theater Foundation In F/K/A The Paramount Theater Inc

The Paramount Theater Foundation, formerly known as The Paramount Theater Inc, is dedicated to supporting the restoration, preservation, and long-term needs of the Paramount Theater, a historic landmark. The organization's mission is to ensure that this iconic theater continues to serve its community and region for generations to come, providing programs that educate, enchant, enrich, and enlighten. By identifying, cultivating, and soliciting donors, the Foundation raises the necessary funds for various capital campaigns, which support improvements and maintenance of the historical facility. The Paramount Theater Foundation is mindful of the theater operations and financial needs of The Paramount Theater of Charlottesville Inc, and works diligently to support its long-term sustainability.

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Impact




October, 2024

The Paramount Theater Foundation plays a vital role in ensuring the preservation and enhancement of the Paramount Theater, a cherished historic landmark in Charlottesville, VA. By focusing on restoration and maintenance efforts, the Foundation helps to maintain the theater as a cultural hub for the community and the surrounding region.

Through its targeted fundraising initiatives, the Foundation identifies and solicits support from donors to finance critical capital campaigns. This financial support is essential for both immediate improvements and long-term sustainability, allowing the theater to continue offering diverse programming that educates, enchants, enriches, and enlightens local audiences.

The impact extends beyond mere preservation; the Foundation fosters a deep connection between the theater and the community it serves. By providing a platform for artistic expression and educational initiatives, the Paramount Theater enhances the cultural landscape of Charlottesville and contributes significantly to the community’s overall vitality. In essence, the Foundation ensures that this historic venue remains a vibrant space for future generations, promoting the arts and enriching the lives of those who attend its performances.




This information is meant to be a general summary of The Paramount Theater Foundation In F/K/A The Paramount Theater 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.

Revenue
$320,462 (2024)
Expenses
$496,310 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $15,356
  • Gross Receipts: $320,462

Assets and Liabilities:

  • Total Assets: $10,048,033
  • Total Liabilities: $4,922
  • Net Assets: $10,043,111

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Organization Details

Founding Year

1992

Principal Officer

Julie A Montross

NTEE Category

Code: A610 - Arts

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