Daffy

The Paramount Theater Inc.

The Paramount Theater Inc.

Charlottesvle, VA 229022263
Tax ID54-1554483

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About this organization

Revenue

$362,166

Expenses

$543,174

Mission

The mission of the Paramount Foundation, Inc. is to fund the restoration, preservation, and long-term needs of the Paramount Theater, an historic landmark, so that it may serve its community and region for generations to come with programs that educate and enchant, enrich, and enlighten.

About

The Paramount Theater Foundation, Inc. identifies, cultivates and solicits donors in order to raise funds necessary to complete the Paramount's various capital campaigns, which funds the improvements and maintenance of the historic facility. The foundation continues to be aware and mindful of the Paramount Theater of Charlottesville, Inc.'s theater operations as well as short or long-term financial needs.

Interesting data from their 2020 990 filing

The purpose of the non-profit is listed in the filing as “The mission of the paramount theater foundation, inc. is to fund the restoration, preservation, and long-term needs of the paramount theater, a historic landmark, so that it may serve its community and region for generations to come with programs that educate, enchant, enrich, and enlighten.”.

When discussing its operations, they were characterized as: “The mission of the paramount foundation, inc. is to fund the restoration, preservation, and long-term needs of the paramount theater, an historic landmark, so that it may serve its community and region for generations to come with programs that educate and enchant, enrich, and enlighten.”.

  • The non-profit's legally reported state of operation is VA.
  • The filing states that the non-profit's address in the year 2020 is 215 EAST MAIN STREET, CHARLOTTESVILLE, VA, 229022263.
  • The form submitted by the non-profit for 2020 shows a total of 0 employees.
  • 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 between $500,000 and $1,000,000+.
  • Revenue is between $250,000 and $500,000.
  • Revenue less expenses is -$181,008.
  • The remuneration plan for the CEO of the organization is based on a review and approval process by a neutral entity.
  • 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 1992.
  • 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 $0 in salary, compensation, and benefits to its employees.
  • The organization pays $61,696 in fundraising expenses.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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