Overview

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Est.

1989

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Paramount Heritage Foundation Inc, an established nonprofit organization with EIN 35-1774217, is dedicated to promoting the arts and entertainment through the restoration and operation of a historical theatre. With an operating budget of $945.3K and total revenue of $1.1M for the filing year 2025, the foundation provides facilities for various artistic performances, including theatrical presentations, dance companies, and musical ensembles, while fostering community awareness and appreciation for the arts. The organization does not appear to rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. More information can be found on their website at http://andersonparamount.org.

Mission Statement

PROMOTION OF THE ARTS AND ENTERTAINMENT GENRE THROUGH THE RESTORATION AND OPERATION OF AN HISTORICAL THEATRE. ALSO, TO PROVIDE FACILITIES FOR LITERARY, EDUCATIONAL, CULTURAL AND CHARITABLE ORGANIZATIONS TO CONDUCT THEATRICAL PRESENTATIONS OF VARIOUS THEATRE TROUPS, DANCE COMPANIES, WELL KNOWN ORCHESTRAS, MUSICAL ENSEMBLES AND OTHER FORMS OF ARTISTIC ENTERTAINMENT TO PROMOTE THE AWARENESS AND APPRECIATION FOR SUCH ENDEAVORS THROUGH THE COMMUNITY AS A WHOLE. TO FURTHER PROMOTE AND ENCOURAGE SUCH ORGANIZATIONS AND TO RAISE FUNDS FOR THE SUPPORT AND MAINTENANCE OF SUCH FACILITIES, OTHER ORGANIZATIONS AND THEIR ACTIVITIES FOR THE BENEFIT OF THE PUBLIC.
Revenues
$1.1M
Expenses
$945.3K
Net Income:
+$155K
Assets
$2.8M
Liabilities
$331.1K
Net Assets:
+$2.4M
Operating Budget
$945.3K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
4
Median grant size
$20K
Largest grant received
$189.2K
R
Richard M Jorn
Board Member
A
Ann Hardacre Na
Board Member
K
Kay Anderson Na
Board Member

Frequently Asked Questions

What is PARAMOUNT HERITAGE FOUNDATION INC’s budget?
In 2025, PARAMOUNT HERITAGE FOUNDATION INC reported an annual operating budget of around $945 thousand. More detailed financial information is available to registered users.
What causes does PARAMOUNT HERITAGE FOUNDATION INC support?
PARAMOUNT HERITAGE FOUNDATION INC supports work in Education, Music, Dance, and Performing arts.
Where does PARAMOUNT HERITAGE FOUNDATION INC operate?
PARAMOUNT HERITAGE FOUNDATION INC is headquartered in Anderson, IN.
Who funded PARAMOUNT HERITAGE FOUNDATION INC recently?
In 2024, PARAMOUNT HERITAGE FOUNDATION INC received grants from Madison County Community Foundation Incorporated, FRED E & THELMA V BOZE FOUNDATION, and THE LAZARD FOUNDATION C/O LAZARD FRERES & CO LLC. More information on this organization’s funders is available to registered users.
What is the largest grant PARAMOUNT HERITAGE FOUNDATION INC received in 2024?
The largest grant to PARAMOUNT HERITAGE FOUNDATION INC in 2024 exceeds $189 thousand.
What is PARAMOUNT HERITAGE FOUNDATION INC’s reliance on government grants?
PARAMOUNT HERITAGE FOUNDATION INC relied on government grants for more than 5% of their total revenue in 2025.