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Nonprofit · EIN 22-2528303

PARAMOUNT CENTER INC

Tax-exempt · RUTLAND, VT 05701

Financials

$2M$1.8M2022$3M$2.1M2024
Revenue Expenses · by fiscal year end
Financials of PARAMOUNT CENTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,002,219$2,082,683$919,536$7,332,614$1,888,581$5,444,033
June 30, 2023990$1,983,496$1,801,763$181,733$4,914,886$693,043$4,221,843
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,267,217
Membership dues
$117,551
Program service revenue
$1,515,331
Investment income
$187,571
Net gain from sales of assets
$87,174
Net income from fundraising events
$32,100
Other revenue
$32,100

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$123,734
Other salaries and wages
$295,359
Salaries, compensation and benefits (total)
$492,279
Professional fundraising fees
$0
Accounting fees
$21,942
Occupancy
$90,599
Depreciation
$153,051
Program services (functional)
$1,547,958
Management and general (functional)
$485,051
Fundraising (functional)
$49,674

Balance sheet and other

Total assets, start of year
$5,017,673
Total assets, end of year
$7,332,614
Total liabilities, end of year
$1,888,581
Net assets, end of year
$5,444,033
Land, buildings and equipment
$4,805,832
Publicly traded securities
$229,075
Net assets without donor restrictions
$3,954,275
Net assets with donor restrictions
$1,489,758
Gross receipts
$3,015,223
Employees
34
Volunteers
120
Year formed
1984
State of legal domicile
VT

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Eric MalletteExecutive Dir.
Trustee or director, Officer
40$123,734
Robert BairdPresident
Trustee or director, Officer
1.25$0
Mark Foley JrDirector
Trustee or director
1.25$0
Megan SmithDirector
Trustee or director
1.25$0
Christopher HealdTreasurer
Trustee or director, Officer
1.25$0
Dave WilliamsSecretary
Trustee or director, Officer
1.25$0
Sarah FurmanDirector
Trustee or director
1.25$0
Charles CoughlinDirector
Trustee or director
1.25$0
Laurie Mecier-BrochuVice President
Trustee or director, Officer
1.25$0
Jack FaceyDirector
Trustee or director
1.25$0
Shannon MaassDirector
Trustee or director
1.25$0
Patricia CuddyDirector
Trustee or director
1.25$0
John BerryhillDirector
Trustee or director
1.25$0
Caitlin PerryDirector
Trustee or director
1.25$0
990 for the year ended June 30, 2023: 13 people
NameTitleHours / weekCompensation
Eric MalletteExecutive Dir.
Officer
40$102,790
Robert BairdVice President
Trustee or director, Officer
1.25$0
Mark Foley JrDirector
Trustee or director
1.25$0
Michelle LordDirector
Trustee or director
1.25$0
Christopher HealdTreasurer
Trustee or director, Officer
1.25$0
Dave WilliamsDirector
Trustee or director
1.25$0
Charles CoughlinPresident
Trustee or director, Officer
1.25$0
Laurie Mecier-BrochuDirector
Trustee or director
1.25$0
Jack FaceyDirector
Trustee or director
1.25$0
Shannon MaassDirector
Trustee or director
1.25$0
Patricia CuddyDirector
Trustee or director
1.25$0
John BerryhillDirector
Trustee or director
1.25$0
Caitlin PerryDirector
Trustee or director
1.25$0

Address and contacts

Address (IRS master file)
30 CENTER ST, RUTLAND, VT 05701-4015
Principal officer (990 for 2024)
ERIC MALLETTE
Signed the 990
ERIC MALLETTE, Executive Dir.
Phone
(802) 775-0570
Return prepared by
OBrien Shortle Reynolds & Sabotka

Mission

Operated a community based performing arts center through production of a wide variety of theatrical performances and provided the theatre facility for use by other community organizations to provide education and increased exposure to the performing arts.

990 for the year ended June 30, 2025

Program accomplishments

  • Operated a community based performing arts center through production of a wide variety of theatrical performances and provided the theatre facility for use by other community organizations to provide education and increased exposure to the performing arts.
    Expenses $1,547,958 · revenue $1,515,331

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
22-2528303
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1994
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$7,332,614
Income (IRS master file)
$3,015,223

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025–––IRS
990June 2024$2,681,500$2,315,440$5,017,673IRS
990June 2023$1,983,496$1,801,763$4,914,886IRS
990June 2022$2,634,651$1,410,573$4,350,370IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about PARAMOUNT CENTER INC

What is the EIN of PARAMOUNT CENTER INC?
The employer identification number (EIN) of PARAMOUNT CENTER INC is 22-2528303.
Is PARAMOUNT CENTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to PARAMOUNT CENTER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PARAMOUNT CENTER INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PARAMOUNT CENTER INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PARAMOUNT CENTER INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of PARAMOUNT CENTER INC?
The 990 for the year ended June 30, 2025 names ERIC MALLETTE.
Who are the officers and directors of PARAMOUNT CENTER INC?
The 990 for the year ended June 30, 2025 lists 14 people; 1 received compensation from the organization, the highest $123,734 (Eric Mallette, Executive Dir.).
How much revenue does PARAMOUNT CENTER INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $3,002,219, expenses of $2,082,683 and total assets of $7,332,614 at year end.

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