Paramount Arts Center Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 611181883 ✦ Ashland, KY ✦ Designated as a 501(c)(3)

Overview

What is Paramount Arts Center Inc?

Paramount Arts Center Inc, located in Ashland, Kentucky, is a nonprofit organization that operates a performing arts theater. Their primary mission is to foster appreciation, participation, and education in the fine arts. By maintaining and operating this theater, they aim to promote cultural engagement and learning within their community. With a team of 13 dedicated individuals, the Paramount Arts Center Inc provides a platform for various artistic performances and events, encouraging active participation and lifelong learning in the arts.


Official website here: www.paramountartscenter.com

Is Paramount Arts Center Inc legitimate?

Paramount Arts Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paramount Arts Center 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: $396,737

For more financial information, click here


Official website here: www.paramountartscenter.com

What is the mission statement of Paramount Arts Center Inc?

The Paramount Arts Center Inc operates and maintains a performing arts theater with the objective of fostering, promoting, and encouraging appreciation, participation, and education in the fine arts. This non-profit organization aims to serve as a platform for individuals to engage with various artistic forms, thereby broadening their perspectives and knowledge in the field. By providing a space for performances and educational programs, the Paramount Arts Center Inc encourages active participation and learning in the fine arts.


Official website here: www.paramountartscenter.com

Who is the CEO of Paramount Arts Center Inc?

Michael Hobbs is the Director of Paramount Arts Center Inc.


Official website here: www.paramountartscenter.com

What is the revenue of Paramount Arts Center Inc?

Paramount Arts Center Inc's revenue in 2022 was $4,086,756.


Official website here: www.paramountartscenter.com

Who are the executives of Paramount Arts Center Inc and what are their salaries?

The average compensation at Paramount Arts Center Inc during 2022 was $30,518. There are 13 employees and 100 volunteers at Paramount Arts Center Inc.

Here are 29 key members and their salaries:

    Rocky Adkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Boykin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leon Briggs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Josh Blanton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chuck Charles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rannie Cooper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Camp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Canty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alicia Eldridge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Blake Gillum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tamme Grubb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roger Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Howard Harrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Hobbs (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lloyd Hudson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sydney Keeton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Kim Keffer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Kay Mcginnis-Ruark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brett Mattison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lance Mccomis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • April Perry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Pullen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Pruitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Stewart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Strother (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brooke Seasor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stuart Webb (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.paramountartscenter.com

    Where can I find the form 990 for Paramount Arts Center Inc?

    The Paramount Arts Center Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.paramountartscenter.com

    Learn more at the official website: www.paramountartscenter.com

    Mission Statement of Paramount Arts Center Inc

    Paramount Arts Center Inc, as a nonprofit organization, is dedicated to preserving and managing a performing arts theater. Its primary objective is to foster, promote, and encourage appreciation, participation, and education in the fine arts. By maintaining and operating this theater, Paramount Arts Center Inc aims to serve as a platform that encourages people to engage with and learn about various artistic disciplines. Its mission is not just about providing entertainment, but also about inspiring and educating the community, encouraging active participation in the arts, and nurturing an appreciation for the finer aspects of artistic expression.

    Impact

    This information is meant to be a general summary of Paramount Arts Center Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The impact of Paramount Arts Center Inc is evident in its efforts to maintain and operate a performing arts theater that provides for, promotes, and encourages appreciation, participation, and education in the fine arts. Through its activities and programs, Paramount Arts Center Inc plays a crucial role in enriching the cultural landscape of Ashland, KY, and beyond. By showcasing a diverse range of performances and supporting artists, the organization helps foster a vibrant arts community and engages audiences in meaningful cultural experiences. Overall, Paramount Arts Center Inc contributes significantly to the promotion of arts appreciation and education, making a positive impact on the local community and beyond.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,129
  • Program Service Revenue: $2,539,416
  • Gross Receipts: $4,120,524

    • Assets and Liabilities:
  • Total Assets: $6,341,407
  • Total Liabilities: $2,347,853
  • Net Assets: $3,993,554
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SERIES/SPECIAL EVENTS

    Revenue

    $2,245,481

    CONCESSIONS

    Revenue

    $226,837

    MERCHANDISE SALES

    Revenue

    $57,241

    CHAIRHOLDERS

    Revenue

    $9,857

    Organization Details

    Founding Year

    1989

    Principal Officer

    Michael Hobbs

    Main Address

    PO BOX 1546, ASHLAND, KY, 411051546

    NTEE Category

    Code: Z99Z - Unknown

    If you are a representative of Paramount Arts Center 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.