Virginia · Nonprofit
THE PARAMOUNT THEATER FOUNDATION IN F/K/A THE PARAMOUNT THEATER INC
THE PARAMOUNT THEATER FOUNDATION IN F/K/A THE PARAMOUNT THEATER INC (Virginia) receives grants from 40 organizations whose IRS filings report $1,507,319 to it, the largest being THE JOSEPH AND ROBERT CORNELL MEMORIAL FOUNDATION ($350,000). 28 of them have funded it in more than one year.
- Revenue FY2025
- $939k
- Funders on record
- 40
- Grants received
- $1.5M
- Net assets
- $10M
What The Paramount Theater Foundation in F/K/A the Paramount Theater Inc does
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.
As stated on its FY2025 Form 990.
Program
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.
$463,665 spent100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $463,665.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $10M to $10M (−4%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
91% of THE PARAMOUNT THEATER FOUNDATION IN F/K/A THE PARAMOUNT THEATER INC’s revenue is contributions — more donation-reliant than the typical peer (64% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Sterling Frank
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 11 funders to 16 funders, grant income rose $111k → $276k.
1 of 40 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $685k from one payer (the payer shares this organization's board, largest The Paramount Theater of Charlottesville Inc). These are real filings, and they are not money THE PARAMOUNT THEATER FOUNDATION IN F/K/A THE PARAMOUNT THEATER INC raised.
From the IRS filings of THE PARAMOUNT THEATER FOUNDATION IN F/K/A THE PARAMOUNT THEATER INC’s funders (the co-funder graph). Top 30 of 40 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
THE PARAMOUNT THEATER FOUNDATION IN F/K/A THE PARAMOUNT THEATER INC has a broad base — no single funder exceeds 23% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
Largest funder’s share by year: 2017 45% · 2018 35% · 2019 31% · 2020 46% · 2021 33% · 2022 35% · 2023 54% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
33% of THE PARAMOUNT THEATER FOUNDATION IN F/K/A THE PARAMOUNT THEATER INC's funders are still giving 3 years after their first grant; 70% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
87% of THE PARAMOUNT THEATER FOUNDATION IN F/K/A THE PARAMOUNT THEATER INC's grant income comes from Virginia funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $18k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
THE PARAMOUNT THEATER FOUNDATION IN F/K/A THE PARAMOUNT THEATER INC runs a healthier operating margin than three-quarters of the 11,634 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 11,634 arts & culture nonprofits $100k–$1M, FY2025
Organizations like THE PARAMOUNT THEATER FOUNDATION IN F/K/A THE PARAMOUNT THEATER INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
80% of spending goes to programs.
Governance
Public support
69%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- The Paramount Theater Of · exempt
Screen this organization
A dated, signed PDF of the compliance screen for THE PARAMOUNT THEATER FOUNDATION IN F/K/A THE PARAMOUNT THEATER INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds THE PARAMOUNT THEATER FOUNDATION IN F/K/A THE PARAMOUNT THEATER INC?
- THE PARAMOUNT THEATER FOUNDATION IN F/K/A THE PARAMOUNT THEATER INC (Virginia) receives grants from 40 organizations whose IRS filings report $1,507,319 to it, the largest being THE JOSEPH AND ROBERT CORNELL MEMORIAL FOUNDATION ($350,000). 28 of them have funded it in more than one year.
- How many funders does THE PARAMOUNT THEATER FOUNDATION IN F/K/A THE PARAMOUNT THEATER INC have?
- IRS filings report 40 organizations giving $1,507,319 in grants to THE PARAMOUNT THEATER FOUNDATION IN F/K/A THE PARAMOUNT THEATER INC, 28 of which have funded it in more than one year.
- Who is the largest funder of THE PARAMOUNT THEATER FOUNDATION IN F/K/A THE PARAMOUNT THEATER INC?
- THE JOSEPH AND ROBERT CORNELL MEMORIAL FOUNDATION is the largest funder on record, with $350,000 in grants. The full list of funders is on this page.
- How can an organization like THE PARAMOUNT THEATER FOUNDATION IN F/K/A THE PARAMOUNT THEATER INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Paramount Theater Foundation in F/K/A the Paramount Theater →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 40 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing