Overview
What is The Paramount Foundation Inc?
The Paramount Foundation Inc, based in Bristol, Tennessee, is a nonprofit organization with a primary focus on cultivating and expanding the appreciation of arts and music within the local community and its surroundings. The foundation's main activity involves organizing artistic and musical performances. One of its significant missions is the preservation and restoration of the Paramount Theater, a historic landmark listed on the National Register of Historic Places. With a dedicated team of 15 individuals, The Paramount Foundation Inc is committed to safeguarding and revitalizing this cultural gem for future generations to enjoy.
Official website here: www.paramountbristol.org
Is The Paramount Foundation Inc legitimate?
The Paramount Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Paramount Foundation 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.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $407,647
For more financial information, click here
Official website here: www.paramountbristol.org
What is the mission statement of The Paramount Foundation Inc?
The Paramount Foundation Inc's mission is centered around the preservation and restoration of a historic landmark, specifically the Paramount Theater, which is listed on the National Register of Historic Places. Their primary objective is to preserve this cultural heritage site. In addition to this, the foundation aims to enrich the appreciation of the arts by organizing and presenting artistic and musical performances to the public, particularly in the Bristol area and its surroundings. By doing so, they contribute to expanding the general public's understanding and enjoyment of the arts.
Official website here: www.paramountbristol.org
Who is the CEO of The Paramount Foundation Inc?
Jennifer Hayes is the Executive Director of The Paramount Foundation Inc.
Official website here: www.paramountbristol.org
What is the revenue of The Paramount Foundation Inc?
The Paramount Foundation Inc's revenue in 2022 was $3,301,489.
Official website here: www.paramountbristol.org
Who are the executives of The Paramount Foundation Inc and what are their salaries?
The average compensation at The Paramount Foundation Inc during 2022 was $27,176. There are 15 employees and 25 volunteers at The Paramount Foundation Inc.
Here are 19 key members and their salaries:
- Jennifer Hayes (Executive Director)
- Carol Trannell (Director)
- Mary Beth Rainero (Director)
- Matthew Riggins (Director)
- Christine R Riser (Director)
- Ruth King (Director Emeritus)
- Etta Nicewonder (Director Emeritus)
- Jon Luttrell (Director)
- Elise Taylor (Director)
- Logan Mccabe (Director)
- Paul Conco (Director)
- Rob Simis (Director)
- Ed Balaban (President) [Trustee/Director]
- Tracie Jones (Director)
- Jeff Jones (Director)
- Shirley Carrier (Director)
- Scott Peak (Treasurer) [Trustee/Director]
- David Grace (Vice President) [Trustee/Director]
- Barbara Smith (Secretary) [Trustee/Director]
Official website here: www.paramountbristol.org
Where can I find the form 990 for The Paramount Foundation Inc?
The The Paramount Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.paramountbristol.org
Learn more at the official website: www.paramountbristol.org
Mission Statement of The Paramount Foundation Inc
The Paramount Foundation Inc is dedicated to preserving and restoring the Paramount Theater, a historic landmark that is listed on the National Register of Historic Places. This mission is not just about maintaining the physical structure of the theater, but also about breathing new life into it. By providing artistic and musical performances to the general public, The Paramount Foundation Inc aims to expand and enhance the appreciation of the arts in the Bristol region and beyond. This nonprofit organization serves as a cultural anchor, bringing diverse forms of entertainment to the community and fostering a deep connection with the arts. Through its efforts, The Paramount Foundation Inc contributes to a richer cultural landscape, enriching the lives of those who attend its performances and inspiring future generations of artists and art lovers.
Impact
This information is meant to be a general summary of The Paramount Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
The Paramount Foundation Inc's impact is significant in the preservation and restoration of the Paramount Theater, which is an important historic landmark listed on the National Register of Historic Places. Through their activities, they provide artistic and musical performances to the general public, enriching the cultural landscape of Bristol and its surrounding region. By focusing on enhancing and expanding the appreciation of the arts, The Paramount Foundation Inc plays a vital role in promoting cultural heritage and fostering a vibrant arts community in the area.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$1,289,236
PROGRAM INCOME
Revenue
$293,635
PRESERVATION FEE
Revenue
$85,110
OTHER REVENUES
Revenue
$8,964
Organization Details
Founding Year
1989
Principal Officer
Jennifer Hayes
Main Address
518 STATE STREET, BRISTOL, TN, 37620
Website
www.paramountbristol.org
NTEE Category
Code: A80 - Arts
If you are a representative of The Paramount Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.