Nonprofit · EIN 54-1554483
THE PARAMOUNT THEATER INC
Tax-exempt · CHARLOTTESVLE, VA 22902
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $939,365 | $579,577 | $359,788 | $10,468,021 | $28,556 | $10,439,465 |
| June 30, 2024 | 990 | $320,462 | $496,310 | -$175,848 | $10,074,560 | $7,173 | $10,067,387 |
| June 30, 2023 | 990 | $704,786 | $504,662 | $200,124 | $10,249,521 | $6,286 | $10,243,235 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $858,487
- Program service revenue
- $0
- Investment income
- $16,078
- Net rental income
- $64,800
- Other revenue
- $64,800
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $138
- Accounting fees
- $7,425
- Occupancy
- $85,942
- Depreciation
- $421,404
- Program services (functional)
- $463,665
- Management and general (functional)
- $52,160
- Fundraising (functional)
- $63,752
Balance sheet and other
- Total assets, start of year
- $10,074,560
- Total assets, end of year
- $10,468,021
- Total liabilities, end of year
- $28,556
- Net assets, end of year
- $10,439,465
- Land, buildings and equipment
- $9,146,637
- Net assets without donor restrictions
- $10,439,465
- Gross receipts
- $939,365
- Employees
- 0
- Year formed
- 1992
- State of legal domicile
- VA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STERLING FRANK | CHAIR Trustee or director, Officer | 2 | $0 |
| PATTI CARRY | SECRETARY Trustee or director, Officer | 2 | $0 |
| DAVE PAULSON | TREASURER Trustee or director, Officer | 2 | $0 |
| MARY DALTON | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| PAMELA EDMONDS | MEMBER-AT-LA Trustee or director | 2 | $0 |
| CARLA HALLMAN | MEMBER-AT-LA Trustee or director | 2 | $0 |
| ELSIE THOMPSON | MEMBER-AT-LA Trustee or director | 2 | $0 |
| SHELDON ANDERSON | DIRECTOR Trustee or director | 0.5 | $0 |
| MAIA BANNAN | DIRECTOR Trustee or director | 0.5 | $0 |
| LORENZO DICKERSON | DIRECTOR Trustee or director | 0.5 | $0 |
| DAVID T GIES | DIRECTOR Trustee or director | 0.5 | $0 |
| MARK HAHN | DIRECTOR Trustee or director | 0.5 | $0 |
| QUINTON HARRELL | DIRECTOR Trustee or director | 0.5 | $0 |
| CHRIS HOLDEN | DIRECTOR Trustee or director | 0.5 | $0 |
| CRAIG LITTLEPAGE | DIRECTOR Trustee or director | 0.5 | $0 |
10 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DONNA PLASKET | DIRECTOR Trustee or director | 0.5 | $0 |
| KEN SHEVLIN | DIRECTOR Trustee or director | 0.5 | $0 |
| BARBARA SIEG | DIRECTOR Trustee or director | 0.5 | $0 |
| GARY TAYLOR | DIRECTOR Trustee or director | 0.5 | $0 |
| SHANNON THOMAS | DIRECTOR Trustee or director | 0.5 | $0 |
| LAURIE TURNER | DIRECTOR Trustee or director | 0.5 | $0 |
| SAM UPPALA | DIRECTOR Trustee or director | 0.5 | $0 |
| ADRIENNE WOODARD | DIRECTOR Trustee or director | 0.5 | $0 |
| JULIE A MONTROSS | EXECUTIVE DI Officer | 8 | $0 |
| TAYLOR CASHWELL | DIRECTOR OF Officer | 8 | $0 |
990 for the year ended June 30, 2024: 27 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JULIE A MONTROSS | EXECUTIVE DI Officer | 8 | $0 | $107,078 | $26,770 |
| TAYLOR CASHWELL | DIRECTOR OF Officer | 8 | $0 | $67,119 | $16,780 |
| STERLING FRANK | CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| PATTI CARRY | SECRETARY Trustee or director, Officer | 2 | $0 | $0 | $0 |
| DAVE PAULSON | TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
| CAROLYN RAINEY | IMMEDIATE PA Officer | 2 | $0 | $0 | $0 |
| PAMELA EDMONDS | MEMBER-AT-LA Trustee or director | 2 | $0 | $0 | $0 |
| CARLA HALLMAN | MEMBER-AT-LA Trustee or director | 2 | $0 | $0 | $0 |
| AMANDA JONES | MEMBER-AT-LA Trustee or director | 2 | $0 | $0 | $0 |
| LORENZO DICKERSON | MEMBER-AT-LA Trustee or director | 2 | $0 | $0 | $0 |
| MJ ABBITT-SUSHKA | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JACKIE BRADLEY | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MARY DALTON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| DAVID T GIES | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MARK HAHN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| QUINTON HARRELL | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CHRIS HOLDEN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CRAIG LITTLEPAGE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| SHERRI MOORE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| DONNA PLASKET | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JOHN PRITZLAFF | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| KEN SHEVLIN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| BARBARA SIEG | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JOHN STEELE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| GARY TAYLOR | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| SAM UPPALA | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ADRIENNE WOODARD | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 30 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TAYLOR CASHWELL | DIRECTOR OF Officer | 8 | $0 | $64,100 | $16,025 |
| JULIE A MONTROSS | EXECUTIVE DI Officer | 8 | $0 | $61,291 | $15,323 |
| CAROLYN RAINEY | CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| STERLING H FRANK | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| DAVE PAULSON | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| PAMELA EDMONDS | MEMBER-AT-LA Trustee or director | 0.5 | $0 | $0 | $0 |
| CARLA HALLMAN | MEMBER-AT-LA Trustee or director | 0.5 | $0 | $0 | $0 |
| AMANDA JONES | MEMBER-AT-LA Trustee or director | 0.5 | $0 | $0 | $0 |
| CARY TURNER | MEMBER-AT-LA Trustee or director | 0.5 | $0 | $0 | $0 |
| MJ ABBITT-SUSHKA | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| SHELDON ANDERSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JACKIE BRADLEY | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| PATTI CARY | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| LORENZO DICKERSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| GREG GRAHAM | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MARK HAHN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| QUINTON HARRELL | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CHRIS HOLDEN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ROB JIRANEK | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CRAIG LITTLEPAGE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| SHERRI MOORE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JOHN PRITZLAFF | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| BARBARA SIEG | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JOHN STEELE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| GARY TAYLOR | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ELISE THOMPSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| WILL TRINKLE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| LAURIE TURNER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ADRIENNE WOODARD | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| DAVID GIES | IMMEDIATE PA Officer | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 215 E MAIN ST, CHARLOTTESVLE, VA 22902-5231
- In care of
- % CHAN C HERSHNER
- Principal officer (990 for 2024)
- JULIE A MONTROSS, 215 EAST MAIN STREET, CHARLOTTESVILLE, VA 229022263
- Signed the 990
- DAVE PAULSON, TREASURER
- Phone
- (434) 979-1922
- Website
- WWW.THEPARAMOUNT.NET
- Return prepared by
- ROBINSON FARMER COX ASSOCIATES
Mission
THE MISSION OF THE PARAMOUNT THEATER FOUNDATION, INC. IS TO FUND THE RESTORATION, PRESERVATION, AND LONG-TERM NEEDS OF THE PARAMOUNT THEATER, A HISTORIC LANDMARK, SO THAT IT MAY SERVE ITS COMMUNITY AND REGION FOR GENERATIONS TO COME WITH PROGRAMS THAT EDUCATE, ENCHANT, ENRICH, AND ENLIGHTEN.
Program accomplishments
- THE PARAMOUNT THEATER FOUNDATION, INC. IDENTIFIES, CULTIVATES, AND SOLICITS DONATIONS FOR CAPITAL CAMPAIGNS TO FUND IMPROVEMENTS AND MAINTENANCE OF THE HISTORIC FACILITY, AS WELL AS ENDOWMENT CAMPAIGNS TO FUND THE LONG-TERM SUSTAINABILITY OF THE PARAMOUNT THEATER. THE FOUNDATION IS AWARE OF THE PARAMOUNT THEATER OF CHARLOTTESVILLE, INC.'S THEATER OPERATIONS AS WELL AS SHORT AND LONG-TERM FINANCIAL NEEDS.Expenses $463,665
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 54-1554483
- 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
- 1990
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A610)
- Assets (IRS master file)
- $10,468,021
- Income (IRS master file)
- $939,365
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $939,365 | $579,577 | $10,468,021 | IRS |
| 990 | June 2024 | $320,462 | $496,310 | $10,074,560 | XML |
| 990 | June 2023 | $704,786 | $504,662 | $10,249,521 | XML |
| 990 | June 2022 | $148,256 | $563,153 | $10,048,033 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 54-1554483).
Questions about THE PARAMOUNT THEATER INC
- What is the EIN of THE PARAMOUNT THEATER INC?
- The employer identification number (EIN) of THE PARAMOUNT THEATER INC is 54-1554483.
- Is THE PARAMOUNT THEATER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to THE PARAMOUNT THEATER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE PARAMOUNT THEATER 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 THE PARAMOUNT THEATER 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 THE PARAMOUNT THEATER 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 THE PARAMOUNT THEATER INC?
- The 990 for the year ended June 30, 2025 names JULIE A MONTROSS.
- Who are the officers and directors of THE PARAMOUNT THEATER INC?
- The 990 for the year ended June 30, 2025 lists 25 people; 0 received compensation from the organization.
- How much revenue does THE PARAMOUNT THEATER INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $939,365, expenses of $579,577 and total assets of $10,468,021 at year end.
Other nonprofits in CHARLOTTESVLE
- THOMAS JEFFERSON FOUNDATION INC EIN 54-0505959 · last filed 990 for 2024
- VIRGINIA MUSEUM OF ANIMAL ART EIN 85-1403988 · last filed 990-PF for 2025
- PARAMOUNT THEATER OF CHARLOTTESVILLE INC EIN 20-1562018 · last filed 990 for 2025
- THE BOOK ARTS PRESS INC EIN 54-1667557 · last filed 990 for 2025
- THE INTERNATIONAL SCHOOL OF CHARLOTTESVLLE INC EIN 54-1909711 · last filed 990 for 2025
- CHARLOTTESVILLE BALLET EIN 90-0545068 · last filed 990 for 2025
- FRONT PORCH CVILLE EIN 47-4040467 · last filed 990 for 2025
- ASH LAWN OPERA CHARLOTTESVILLE CI EIN 03-0500788 · last filed 990 for 2025
All nonprofits in CHARLOTTESVLE · Virginia · Arts, culture and humanities