Paramount Theater Of Charlottesville Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,225,051 | 3,468,229 | −243,178 | 0.6 | 36% |
| 2021 | 1,967,019 | 1,565,255 | 401,764 | 4.5 | 48% |
| 2022 | 3,822,333 | 2,623,896 | 1,198,437 | 8.2 | 39% |
| 2023 | 3,390,424 | 3,955,594 | −565,170 | 3.6 | 31% |
In its most recent public year (2023), this organization spent $565,170 more than it brought in. Its reserves stood at about 3.6 months of spending, up from 0.6 in 2020. Staff pay was 31% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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