PARAMOUNT ARTS CENTER INC

PARAMOUNT ARTS CENTER INC

Ashland, KY, US
501(c)3
EIN
61-1181883

PARAMOUNT ARTS CENTER INC

Ashland, KY, US
501(c)3
EIN
61-1181883

Overview

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Est.

1989

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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Paramount Arts Center Inc, recognized by EIN 61-1181883, is dedicated to maintaining and operating a performing arts theater that fosters appreciation, participation, and education in the fine arts. With an operating budget of $3.8 million and total revenue of $4.2 million for the 2024 filing year, the organization engages in diverse activities within the education and performing arts sectors. The organization does not rely on a single funder for 50% or more of its revenue and can be found online at paramountartscenter.com.

Mission Statement

THE PARAMOUNT ARTS CENTER, INC. MAINTAINS AND OPERATIONS A PERFORMING ARTS THEATER TO PROVIDE FOR, PROMOTE AND ENCOURAGE APPRECIATION, PARTICIPATION AND EDUCATION IN THE FINE ARTS.
Revenues

$4.2M

Expenses

$3.8M

Net Income:
+$446.1K
Assets

$5.6M

Liabilities

$1.7M

Net Assets:
+$3.9M
Operating Budget

$3.8M

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

2

Median grant size
$20.6K
Largest grant received
$25K
C
Chuck Charles
Board Member
R
Roger Hall
Board Member
B
Brooke Seasor
Board Member

Frequently Asked Questions

What is PARAMOUNT ARTS CENTER INC’s budget?
In 2024, PARAMOUNT ARTS CENTER INC reported an annual operating budget of around $3.8 million. More detailed financial information is available to registered users.
What causes does PARAMOUNT ARTS CENTER INC support?
PARAMOUNT ARTS CENTER INC supports work in Education, Performing arts, Theater, and Unknown or not classified.
Where does PARAMOUNT ARTS CENTER INC operate?
PARAMOUNT ARTS CENTER INC is headquartered in Ashland, KY.
Who funded PARAMOUNT ARTS CENTER INC recently?
In 2024, PARAMOUNT ARTS CENTER INC received grants from THE STEELE-REESE FOUNDATION XXXXX1004, FOUNDATION FOR THE TRI-STATE COMMUNITY INC, and FOUNDATION FOR THE TRI-STATE COMMUNITY INC. More information on this organization’s funders is available to registered users.
What is the largest grant PARAMOUNT ARTS CENTER INC received in 2024?
The largest grant to PARAMOUNT ARTS CENTER INC in 2024 exceeds $25 thousand.
What is PARAMOUNT ARTS CENTER INC’s reliance on government grants?
PARAMOUNT ARTS CENTER INC relied on government grants for more than 20% of their total revenue in 2024.
Overview
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