Public Charity

PARAMOUNT ARTS CENTER INC

PARAMOUNT ARTS CENTER INC, of ASHLAND, KY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $4.2M in revenue, $3.8M in expenses, $5.6M in total assets. 20 publicly reported grants to this organization, totaling roughly $327K, appear in IRS filings.

EIN: 611181883 ASHLAND, KY Latest filing: 2024
Total Revenue$4.2M
Total Expenses$3.8M
Total Assets$5.6M
Grant Records20
Funding Total$327K
Filing Years2020–2024

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.

Officers & Directors

DIRECTOR Alice Martin
DIRECTOR Bill Boykin
DIRECTOR Brandy Clark
DIRECTOR Brooke Seasor
DIRECTOR Chuck Charles
DIRECTOR James King

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$146,864 7 grants
HEALTHY HOMES
$30,000 1 grant
TO ASSIST HUMANITIES-BASED NON-PROFIT ORGANIZATIONS DURING COVID-19 PANDEMIC
$26,000 2 grants
SPONSORSHIP OF FUNDRAISING EVENTS
$22,700 2 grants
SPONSORSHIP OF 2 COMMUNITY EVENTS AND A SUICIDE PREVENTION FORUM
$21,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $4.2M $3.8M $5.6M
2023 $3.5M $4.1M $5.9M
2022 $4.1M $4.1M $6.3M
2021 $856K $1.4M $6.5M
2020 $1.6M $1.9M $6.5M

Between 2020 and 2024, reported annual revenue grew from $1.6M to $4.2M (+170%), with total assets most recently reported at $5.6M.

Interactive year-over-year charts and full filing details available with membership.

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