PARAMOUNT THEATRE OF THE ARTS INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- PARAMOUNT THEATRE OF THE ARTS INC (EIN 94-2301832)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-05-14
- IRS object ID
- 202601349349311940
- Schema version
- 2024v5.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-14T17:19:27-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 582487348 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Aprio Advisory Group LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2185 N California Blvd Suite 350 | AddressLine1Txt |
| City | Walnut Creek | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94596 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 942301832 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Paramount Theatre of the Arts Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PARA | BusinessNameControlTxt |
| Phone | 5108932300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2025 Broadway | AddressLine1Txt |
| City | Oakland | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94612 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Ray Leon | PersonNm |
| Person Title | Director | PersonTitleTxt |
| Phone | 5108932300 | PhoneNum |
| Signature | 2026-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Stacy Cullen | PreparerPersonNm |
| PTIN | P00974308 | PTIN |
| Phone | 9252102180 | PhoneNum |
| Preparation | 2026-05-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Richard Dellefave | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2025 Broadway | AddressLine1Txt |
| City | Oakland | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94612 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $10,427,581 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | paramountoakland.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Other Organization Dsc | Non-Profit | OtherOrganizationDsc |
| Formation | 1975 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | To operate and manage Paramount Theatre of the Arts, a historic California landmark. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 142 | TotalEmployeeCnt |
| Total Volunteers | 71 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $51,041 | PYContributionsGrantsAmt |
| CY Contributions Grants | $53,813 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $3,964,428 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $4,504,049 | CYProgramServiceRevenueAmt |
| PY Investment Income | $202,429 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,296,721 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $4,217,898 | PYTotalRevenueAmt |
| CY Total Revenue | $5,854,583 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,170,703 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,430,324 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,510,402 | PYOtherExpensesAmt |
| CY Other Expenses | $2,601,379 | CYOtherExpensesAmt |
| PY Total Expenses | $3,681,105 | PYTotalExpensesAmt |
| CY Total Expenses | $4,031,703 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $536,793 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,822,880 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $15,406,799 | TotalAssetsBOYAmt |
| Total Assets EOY | $17,391,160 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,773,005 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,003,561 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $13,633,794 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $14,387,599 | NetAssetsOrFundBalancesEOYAmt |
| Mission | To operate and manage Paramount Theatre of the Arts, a historic Oakland California Landmark. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $3,284,631 | ExpenseAmt |
| Revenue | $4,504,049 | RevenueAmt |
| Desc | Paramount Theatre of the Arts, Inc. managed and operated the facility for the city of Oakland, providing a professionally operated facility for the production of events for the fiscal year ended 6/30/25, including concerts and Oakland Ballet. | Desc |
| Total Program Service Expenses | $3,284,631 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 33 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 142 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Daphne Tooley | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5108932300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2025 Broadway | AddressLine1Txt |
| City | Oakland | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94612 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd |
|---|---|---|---|---|---|---|---|
| Richard Dellefave | |||||||
| Director | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Thomas Hart | |||||||
| Director | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Jennifer Mullin | |||||||
| Director | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Merlin Edwards | |||||||
| Director | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Margaret Grover | |||||||
| Director | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| David P Johnson | |||||||
| Director | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Clinton O Killian | |||||||
| Director | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Ray Leon | |||||||
| Director | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Leslie Littleton | |||||||
| Director | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Jason Blackwell | |||||||
| General Manager | 40.00 | $171,347 | $0 | $16,521 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $171,347 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $16,521 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Outback Presents LLC | |||||
| 209 - 10th Avenue South Suite 503 | Nashville | TN | 37203 | Balance due to Promoter for events | $1,288,922 |
| Charles Pankow Builders Ltd | |||||
| 199 S Los Robles Avenue Suite 300 | Pasadena | CA | 91101 | Contractor for rigging construction proj | $556,638 |
| Black Promoters Collective LLC | |||||
| 25700 Interstate 45 N Suite 4043 | The Woodlands | TX | 77386 | Balance due to Promoter for events | $404,774 |
| Gustavo G LopezMr G's Professional Cl | |||||
| 6030 Dimm Way | Richmond | CA | 94805 | Professional cleaning services | $194,393 |
| Advanced Control | |||||
| 2150 Shattuck Ave | Berkeley | CA | 94704 | HVAC Maintenance & Repair | $112,436 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $53,813 | AllOtherContributionsAmt |
| Total Contributions | $53,813 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Event Services | 711190 | $2,162,981 | $2,162,981 |
| Theatre, Box Office, and Equipmen | 711190 | $742,985 | $742,985 |
| Other Program Revenue | 711190 | $706,310 | $706,310 |
| Ticket Surcharges | 711190 | $389,467 | $389,467 |
| Beverage and Food Sales | 711190 | $366,952 | $366,952 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $135,354 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $135,354 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $4,504,049 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $129,587 | TotalRevenueColumnAmt |
| Exclusion | $129,587 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,740,132 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,572,998 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,167,134 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,167,134 | TotalRevenueColumnAmt |
| Exclusion | $1,167,134 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,854,583 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,504,049 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,296,721 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $187,868 | TotalAmt |
| Program Services | $140,190 | ProgramServicesAmt |
| Management And General | $47,678 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,046,740 | TotalAmt |
| Program Services | $781,092 | ProgramServicesAmt |
| Management And General | $265,648 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $101,157 | TotalAmt |
| Program Services | $74,346 | ProgramServicesAmt |
| Management And General | $26,811 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $94,559 | TotalAmt |
| Program Services | $72,437 | ProgramServicesAmt |
| Management And General | $22,122 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,513 | TotalAmt |
| Management And General | $34,513 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,320 | TotalAmt |
| Management And General | $18,320 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,776,949 | TotalAmt |
| Program Services | $1,584,614 | ProgramServicesAmt |
| Management And General | $192,335 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,611 | TotalAmt |
| Program Services | $152,611 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $268,975 | TotalAmt |
| Program Services | $268,975 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,133 | TotalAmt |
| Program Services | $6,620 | ProgramServicesAmt |
| Management And General | $31,513 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| Supplies | $109,910 | $109,910 | |
| Payroll Service Charge | $32,780 | $11,608 | $21,172 |
| Telephone | $26,982 | $23,209 | $3,773 |
| Staff Development | $22,211 | $22,211 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $119,995 | TotalAmt |
| Program Services | $59,019 | ProgramServicesAmt |
| Management And General | $60,976 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,031,703 | TotalAmt |
| Program Services | $3,284,631 | ProgramServicesAmt |
| Management And General | $747,072 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,354,196 | BOYAmt |
| EOY | $3,893,732 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,150 | BOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,609 | BOYAmt |
| EOY | $43,035 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,744 | BOYAmt |
| EOY | $36,660 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $13,154,804 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,447,997 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,881,471 | BOYAmt |
| EOY | $10,706,807 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,997,251 | BOYAmt |
| EOY | $2,694,764 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,378 | BOYAmt |
| EOY | $16,162 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,406,799 | BOYAmt |
| EOY | $17,391,160 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,274,633 | BOYAmt |
| EOY | $2,488,854 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $317,657 | BOYAmt |
| EOY | $370,193 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $180,715 | BOYAmt |
| EOY | $144,514 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,773,005 | BOYAmt |
| EOY | $3,003,561 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,632,495 | BOYAmt |
| EOY | $14,386,300 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,299 | BOYAmt |
| EOY | $1,299 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,633,794 | BOYAmt |
| EOY | $14,387,599 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,406,799 | BOYAmt |
| EOY | $17,391,160 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,822,880 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$1,097,785 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | $28,710 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,113,705 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,981,812 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $23,183 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $51,041 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $53,813 | CurrentTaxYearAmt |
| Total | $4,223,554 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $28,685 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,800,424 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,785,459 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,964,428 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,504,049 | CurrentTaxYearAmt |
| Total | $15,083,045 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,142,390 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,782,236 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,808,642 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,015,469 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,557,862 | CurrentTaxYearAmt |
| Total | $19,306,599 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $1,867,039 | CurrentTaxYearMinus3YearsAmt |
| Total | $1,867,039 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $1,867,039 | CurrentTaxYearMinus3YearsAmt |
| Total | $1,867,039 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $17,439,560 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $149,786 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $202,655 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $119,041 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $131,892 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $129,587 | CurrentTaxYearAmt |
| Total | $732,961 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $149,786 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $202,655 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $119,041 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $131,892 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $129,587 | CurrentTaxYearAmt |
| Total | $732,961 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,292,176 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,984,891 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,927,683 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,147,361 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,687,449 | CurrentTaxYearAmt |
| Total | $20,039,560 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.87030 | PublicSupportCY509Pct |
| Public Support PY509 | 0.85930 | PublicSupportPY509Pct |
| Investment Income CY | 0.03660 | InvestmentIncomeCYPct |
| Investment Income PY | 0.04110 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $927,882 | BeginningYearBalanceAmt |
| End Year Balance | $927,882 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,170,490 | BeginningYearBalanceAmt |
| Contributions | $863,991 | ContributionsAmt |
| Investment Earnings Or Losses | $403,873 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $3,510,472 | OtherExpendituresAmt |
| End Year Balance | $927,882 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,824,966 | BeginningYearBalanceAmt |
| Contributions | $595,948 | ContributionsAmt |
| Investment Earnings Or Losses | $167,785 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | -$1,418,209 | OtherExpendituresAmt |
| End Year Balance | $3,170,490 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,441,178 | BeginningYearBalanceAmt |
| Contributions | $596,099 | ContributionsAmt |
| Investment Earnings Or Losses | -$834,974 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | -$377,337 | OtherExpendituresAmt |
| End Year Balance | $3,824,966 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,648,095 | BeginningYearBalanceAmt |
| Contributions | $36,863 | ContributionsAmt |
| Investment Earnings Or Losses | $1,047,738 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | -$1,291,518 | OtherExpendituresAmt |
| End Year Balance | $4,441,178 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 1.00000 | BoardDesignatedBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $12,339,650 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $2,068,464 | DepreciationAmt |
| Book Value | $10,271,186 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $815,154 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $379,533 | DepreciationAmt |
| Book Value | $435,621 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $10,706,807 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Deposits and Rebates | Desc |
| Amt | $144,514 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $144,514 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $5,211,944 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$1,097,785 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $473,466 | OtherRevenueAmt |
| Revenue Not Reported | -$624,319 | RevenueNotReportedAmt |
| Revenue Subtotal | $5,836,263 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $18,320 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $18,320 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $5,854,583 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,486,849 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $473,466 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $473,466 | ExpensesNotReportedAmt |
| Expenses Subtotal | $4,013,383 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $18,320 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $18,320 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $4,031,703 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part X, Line 2: | The Theatre is a nonprofit organization exempt from federal income taxes under Internal Revenue Code Section 501(c)(3). Accordingly, no provision for federal income taxes is required. The Theatre applies the guidance on accounting for uncertain tax positions in FASB ASC 740 Income Taxes. The Theatre is no longer subject to income tax examinations for tax years up to and including 2022. |
| Part XI, Line 2d - Other Adjustments: | Cost of Sales 473,466. |
| Part XII, Line 2d - Other Adjustments: | Cost of Sales 473,466. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Jason Blackwell | PersonNm |
| Title | General Manager | TitleTxt |
| Base Compensation Filing Org | $171,347 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $16,521 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $187,868 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, line 11b | Paramount Threatre of the Arts' Board of Directors reviews the Form 990 in detail prior to filing the return. |
| Form 990, Part VI, Section B, line 12c | The policy was adopted by the Board for the fiscal year ending June 30, 2010 and procedures to monitor and enforce compliance have been developed. |
| Form 990, Part VI, Section B, line 15 | The Executive Compensation Policy was adopted by the Board during the fiscal year ending June 30, 2010. The Policy includes a yearly evaluation of the general manager's performance and a competent salary survey as a basis for compensation discussions. A committee of the Board will meet independent of the manager to discuss performance relative to the position description. A similar discussion will be held by the committee concerning compensation. The committee will make its recommendation to the Board. The full Board will consider the recommendations in executive session. The committee or the Board Chair will then meet with the general manager to discuss and document the evaluation and goals for the upcoming year. Compensation for the upcoming year will also be discussed and documented. |
| Form 990, Part VI, Section C, line 19 | Documents are available upon request. |
| Form 990, Part IX, line 11g | Booking Bonus: Program service expenses 131,173. Management and general expenses 102,089. Fundraising expenses 0. Total expenses 233,262. Equipment Rental: Program service expenses 202,249. Management and general expenses 83,437. Fundraising expenses 0. Total expenses 285,686. Event Misc. Expense: Program service expenses 155,869. Management and general expenses 0. Fundraising expenses 0. Total expenses 155,869. Outside Services: Program service expenses 1,095,323. Management and general expenses 6,809. Fundraising expenses 0. Total expenses 1,102,132. |
| Form 990, Part XII, Line 2C | There has been no change from the prior year with respect to review by the audit committEe of the financial statements. |
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