Paramount Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,221,555 | 1,227,723 | −6,168 | 26.8 | 16% |
| 2012 | 1,048,958 | 1,285,327 | −236,369 | 23.4 | 17% |
| 2013 | 1,446,718 | 1,368,161 | 78,557 | 22.6 | 17% |
| 2014 | 1,437,547 | 1,480,086 | −42,539 | 20.6 | 17% |
| 2015 | 1,434,079 | 1,589,867 | −155,788 | 18.0 | 16% |
| 2016 | 1,726,359 | 1,766,552 | −40,193 | 15.9 | 16% |
| 2017 | 1,829,152 | 1,825,000 | 4,152 | 15.4 | 16% |
| 2018 | 1,551,474 | 1,545,351 | 6,123 | 18.3 | 21% |
| 2019 | 1,728,476 | 1,782,888 | −54,412 | 15.5 | 19% |
| 2020 | 1,854,560 | 1,588,165 | 266,395 | 19.4 | 22% |
| 2021 | 1,048,277 | 827,033 | 221,244 | 40.4 | 25% |
| 2022 | 2,634,651 | 1,410,573 | 1,224,078 | 34.3 | 18% |
| 2023 | 1,983,496 | 1,801,763 | 181,733 | 28.1 | 18% |
| 2024 | 2,681,500 | 2,315,440 | 366,060 | 23.8 | 17% |
In its most recent public year (2024), this organization brought in $366,060 more than it spent. Its reserves stood at about 23.8 months of spending, down from 26.8 in 2011. Staff pay was 17% of spending. $659,268 of its net assets are donor-restricted.
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 2024. 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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