EIN 74-2975922

Paramount Theatre

IRS 501(c) type
501(c)(3)
Num. employees
283
City
State
Year formed
2000
Most recent tax filings
2023-09-01
NTEE code, primary
Description
The Paramount Theatre is a live theatre venue/movie theatre located in downtown Austin, Texas. The classical revival style structure was built in 1915.
Also known as...
Austin Theatre Alliance
Total revenues
$27,456,925
2023
Total expenses
$18,547,517
2023
Total assets
$27,111,638
2023
Num. employees
283
2023

Program areas at Paramount Theatre

Programming: after more than a century, the paramount and stateside theatres remain premier historic venues for austinites and tourists alike to find connection and entertainment in the wide breadth of talented artists and entertainers who grace our stages all year long. We pride ourselves on celebrating beauty and human achievement wherever it is found, and our diverse lineups showcase these local, national, and international sensations nightly. Throughout these events and programs, the ata prioritizes building impactful community partnerships, offers reduced venue and equipment rental rates for other arts organizations, and strives to facilitate a welcoming and inclusive environment for all people who walk through our doors. Through our community programs, we partner with 100+ local organizations annually to provide opportunities for individuals to access the arts at not cost to them, alleviating the economic barriers so many are facing. We are tightly woven into the live music, spoken word, and film communities that Austin is renowned for, being principal venues for the sxsw film festival, the Austin film festival, and the summer classic film series. The ata has also elevated the comedy scene in Austin to the nationally noteworthy with the production of our moontower just for laughs comedy festival.
Preservation: constructed in 1915 and listed on the national register of historic places, the paramount Theatre is one of the world's few surviving examples of a fully operational, early twentieth-century vaudeville Theatre and working hemp-house system. Standing next door is the stateside Theatre, an art deco building constructed in 1935 that was the first in Austin built specifically to show motion pictures. The theatres continue to honor the vaudeville vision by being home to a variety of performances; in a typical year bringing in 250,000 guests to attend events from concerts, films, comedy, live podcasts, magic shows, spoken word, community events and more. We work to preserve the spirit of the theatres as well as the physical buildings; restoration projects are ongoing to ensure these landmarks remain intact and available for the public to enjoy for another century. The Austin Theatre Alliance manages all preservation work at the paramount and stateside theatres.
Education: ata's paramount education is one of Austin's largest and most effective arts education organizations, expertly delivering four programs that focus on equitable access and connection to the arts for central Texas youth. Our programs have proven to be successful at improving literacy rates in some of Austin's most underserved schools, consistently closing performance gaps between title 1 students and their non-title 1 peers. The paramount itself plays an important role in our outreach efforts, as more than 15,000 students annually attend high-caliber performing arts events in our culturally and historically significant venues. With these efforts, students strengthen their creative confidence, improve curriculum retention, and gain valuable social-emotional skills. Each program offers complimentary tickets, reduced fees, or scholarship opportunities for those students, schools, and families experiencing economic barriers to participating in these impactful experiences.

Who funds Paramount Theatre

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
JP's Peace Love & Happiness FoundationGeneral & Unrestricted$270,000
Carol K Engler FoundationParamount Eduction$60,000
Schwab Charitable FundArts, Culture & Humanities$52,550
...and 26 more grants received totalling $756,612

Personnel at Paramount Theatre

NameTitleCompensation
Jim RittsChief Executive Officer and Executive Director
Sandi HillChief Financial Officer
Nick BarbieriChief Marketing Officer
Maica JordanChief Development Officer$176,684
Sue DarrowChief People and Culture Officer$199,618
...and 36 more key personnel

Financials for Paramount Theatre

RevenuesFYE 09/2023
Total grants, contributions, etc.$7,951,625
Program services$11,853,690
Investment income and dividends$30,708
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$7,514,222
Net income from fundraising events$-108,452
Net income from gaming activities$0
Net income from sales of inventory$57,689
Miscellaneous revenues$157,443
Total revenues$27,456,925

Form 990s for Paramount Theatre

Fiscal year endingDate received by IRSFormPDF link
2023-092024-08-15990View PDF
2022-092023-08-15990View PDF
2021-092022-08-15990View PDF
2020-092021-08-13990View PDF
2019-092020-10-08990View PDF
...and 9 more Form 990s

Organizations like Paramount Theatre

OrganizationLocationRevenue
Cincinnati Shakespeare CompanyCincinnati, OH$9,412,659
Syracuse StageSyracuse, NY$8,512,509
Olney Theatre CorporationOlney, MD$11,901,548
Steppenwolf Theatre CompanyChicago, IL$12,210,403
Alley TheatreHouston, TX$26,118,373
Seattle Repertory TheatreSeattle, WA$17,274,906
Maltz Jupiter TheatreJupiter, FL$12,334,404
The Old GlobeSan Diego, CA$34,219,671
Village TheatreIssaquah, WA$11,836,538
Portland Center Stage (PCS)Portland, OR$7,749,940
Data update history
November 5, 2024
Updated personnel
Identified 31 new personnel
October 23, 2024
Received grants
Identified 5 new grant, including a grant for $60,000 from Carol K Engler Foundation
September 28, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 22, 2024
Updated personnel
Identified 1 new personnel
July 17, 2024
Received grants
Identified 4 new grant, including a grant for $11,803 from The Powell Foundation
Nonprofit Types
Arts, culture, and humanities nonprofitsPerforming arts organizationsTheatersHeadquarter / parent organizationsCharities
Issues
Arts, cultural, and humanities
Characteristics
Fundraising eventsState / local levelReceives government fundingCommunity engagement / volunteeringGala fundraisersAuction fundraisersTax deductible donationsAccepts online donations
General information
Address
PO Box 1566
Austin, TX 78767
Metro area
Austin-Round Rock-Georgetown, TX
County
Travis County, TX
Website URL
austintheatre.org/ 
Phone
(512) 472-5470
Facebook page
paramounttheatre 
Twitter profile
@paramountaustin 
IRS details
EIN
74-2975922
Fiscal year end
September
Taxreturn type
Form 990
Year formed
2000
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A65: Theater
NAICS code, primary
711110: Theater Companies and Dinner Theaters
Parent/child status
Central organization
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