Paramount Arts Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,696,294 | 2,009,702 | −313,408 | 39.6 | 22% |
| 2012 | 1,833,493 | 2,001,600 | −168,107 | 38.0 | 23% |
| 2013 | 1,767,519 | 1,992,004 | −224,485 | 36.9 | 23% |
| 2014 | 1,645,573 | 2,114,776 | −469,203 | 32.2 | 22% |
| 2015 | 1,885,863 | 2,316,942 | −431,079 | 27.1 | 19% |
| 2016 | 1,471,684 | 1,624,618 | −152,934 | 37.5 | 23% |
| 2017 | 1,673,680 | 1,687,537 | −13,857 | 36.2 | 22% |
| 2018 | 1,629,565 | 1,722,189 | −92,624 | 35.0 | 20% |
| 2019 | 1,534,243 | 1,698,375 | −164,132 | 34.4 | 20% |
| 2020 | 1,565,685 | 1,946,723 | −381,038 | 27.7 | 17% |
| 2021 | 855,969 | 1,433,826 | −577,857 | 33.3 | 22% |
| 2022 | 4,086,756 | 4,074,276 | 12,480 | 11.8 | 10% |
| 2023 | 3,220,738 | 3,821,065 | −600,327 | 10.8 | 13% |
In its most recent public year (2023), this organization spent $600,327 more than it brought in. Its reserves stood at about 10.8 months of spending, down from 39.6 in 2011. Staff pay was 13% of spending. $296,373 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 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
Paramount Arts Center Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works