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Paramount Theater of Charlottesville Inc

Paramount Theater of Charlottesville Inc

Charlottesville, VA 22902
Tax ID20-1562018

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About this organization

Revenue

$2,633,216

Expenses

$2,590,199

Mission

The mission of the historic nonprofit Paramount Theater is to educate, enchant, enrich, and enlighten through the power of the arts by providing high-quality programming and accessibility for the artistic and charitable benefit of our entire community while driving economic vitality for Charlottesville, Albemarle, and the Central Virginia region.

About

Theater/Production: The Paramount Theater of Charlottesville, Virginia is a nonprofit performing arts center dedicated to presenting a wide range of education, arts, civic and entertainment events for diverse community audiences in the restored historic Paramount Theater. Since it re-opened in 2004, the Paramount has welcomed more than 1,110,000 visitors to thousands of events including live performances, movies, high definition screenings and broadcasts, guided historic tours, meetings, and free community events. Approximately 300 performances were staged in the 2018-19 fiscal year.

Interesting data from their 2020 990 filing

The filing sets forth the mission of the non-profit as “The mission of the historic nonprofit paramount theater is to educate, enchant, enrich, and enlighten through the power of the arts by providing high-quality programming and accessibility for the artistic and charitable benefit of our entire community while driving economic vitality for charlottesville, albemarle, and the central virginia region.”.

When detailing its responsibilities, they were listed as: “The mission of the historic nonprofit paramount theater is to educate, enchant, enrich, and enlighten through the power of the arts by providing high-quality programming and accessibility for the artistic and charitable benefit of our entire community while driving economic vitality for charlottesville, albemarle, and the central virginia region.”.

  • The state in which the non-profit is legally permitted to operate is VA.
  • The address of the non-profit for 2020 according to the filing is 215 E MAIN STREET, CHARLOTTESVILLE, VA, 22902.
  • The number of employees reported by the non-profit on their form as of 2020 is 49.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $43,017.
  • The CEO compensation structure within the organization is based on a review and approval from a neutral party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 21 independent voting members.
  • The organization was formed in 2004.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $1,424,854 in salary, compensation, and benefits to its employees.
  • The organization pays $309,911 in fundraising expenses.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has fundraising events.
  • The organization's financial statements were reviewed by an accountant.

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