NonprofitsParamount Arts Center Inc

Unclassified

Paramount Arts Center Inc

RUSSELL, KY

Total revenue

$4.2M

Total expenses

$3.8M

Net assets

$3.9M

Grants received

$505K

23 grants

EIN

611181883

Tax year

2023

Mission

The paramount arts center, inc. Maintains and operations a performing arts theater to provide for, promote and encourage appreciation, participation and education in the fine arts.

Financials

FY 2023

Revenue

Contributions & grants$1.7M
Program service revenue$2.4M
Investment income
Other revenue$67K
Total revenue$4.2M

Expenses

Grants paid
Salaries & benefits$662K
Fundraising$28K
Other expenses$3.1M
Total expenses$3.8M
Total assets$5.6M
Net assets$3.9M

People

14 listed

NameRoleCompensation

BILL BOYKIN

DIRECTOR

Board

LEON BRIGGS

DIRECTOR

Board

CHUCK CHARLES

DIRECTOR

Board

BRANDY CLARK

DIRECTOR

Board

ROGER HALL

DIRECTOR

Board

MICHAEL HOBBS

TREASURER

Board

LLOYD HUDSON

DIRECTOR

Board

SYDNEY KEETON

DIRECTOR

Board

JAMES KING

DIRECTOR

Board

MARY KAY MCGINNIS-RUARK

DIRECTOR

Board

ALICE MARTIN

DIRECTOR

Board

LANCE MCCOMIS

DIRECTOR

Board

JUSTIN PRUITT

DIRECTOR

Board

BROOKE SEASOR

DIRECTOR

Board

Grants received

Showing 23 of 23

FromAmountPurposeYear
$25K
GENERAL OPERATION
2023
$22K
SPONSORSHIP OF 2 COMMUNITY EVENTS AND A SUICIDE PREVENTION FORUM
2023
$25K
General & Unrestricted
2022
$14K
SPONSORSHIP OF FUNDRAISING EVENTS
2021
$16K
TO ASSIST HUMANITIES-BASED NON-PROFIT ORGANIZATIONS DURING COVID-19 PANDEMIC
2020
$9K
SPONSORSHIP OF FUNDRAISING EVENTS
2020
$12K
SPONSORSHIP OF ANNUAL SPRING GALA FUNDRAISER AND 1 OTHER FUNDRAISING EVENT
2019
$10K
TO ASSIST HUMANITIES-BASED NON-PROFIT ORGANIZATIONS DURING COVID-19 PANDEMIC
2019
$1K
PARAMOUNT ARTS CENTER 34TH ANNUAL SPRING GALA
2019
$20K
SPONSORSHIP OF ANNUAL SPRING GALA FUNDRAISER AND ARTS & MUSIC EVENTS
2018
$17K
SPONSORSHIP OF ANNUAL SPRING GALA FUNDRAISER, POSTCARD FUNDRAISING EVENT, AND ARTS & MUSIC FESTIVAL
2017

Funded by

$505K from 9 funders · 23 grants · 2017–2024

Foundation For The Tri-State

$288K · 6 grants · 2018–2024

Ashland Hospital Corporation

$93K · 6 grants · 2017–2023

Eastern Kentucky Public Health Inc

$30K · 1 grant · 2020

Kentucky Humanities Council Inc

$26K · 2 grants · 2019–2020

American Electric Power Foundation

$25K · 1 grant · 2022

Beulah M Field Memorial T U W D July 3 1986

$9K · 4 grants · 2020–2023

Details

EIN611181883
NTEE codeZ99Z
Subsection03
Ruling date1990-12
Formed1989
Employees47
Volunteers100
PARAMOUNT ARTS CENTER INC — Mission, Financials & Grants Received | Grantivo