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Virginia · Nonprofit

THE PARAMOUNT THEATER OF CHARLOTTESVILLE INC

THE PARAMOUNT THEATER OF CHARLOTTESVILLE INC (Virginia) receives grants from 24 organizations whose IRS filings report $957,339 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($226,500). 17 of them have funded it in more than one year, and 72% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$3.9M
Funders on record
24
Grants received
$957k
Net assets
$883k
17/24 repeat funderspeak grant-dependency 14%
01What it does

What The Paramount Theater of Charlottesville Inc does

Mission

The mission of the historic nonprofit paramount theater is to educate, enchant, enrich, and enlighten through the power of the arts by providing high-quality programming and accessibility for the artistic and charitable benefit of our entire community while driving economic vitality for charlottesville, albemarle, and the central virginia region.

As stated on its FY2025 Form 990.

Programs

  1. Theater/production: the paramount theater of charlottesville, virginia is a nonprofit performing arts center dedicated to presenting a wide range of education, arts, civic and entertainment events for diverse community audiences in the restored historic paramount theater. From july 2024 to june 2025, it hosted 263 events with 99,406 total attendees. Since it re-opened in 2004, the paramount has welcomed more than 1.5 million visitors to thousands of events including live performances, movies, hd screenings and broadcasts, guided historic tours, meetings, and free community events. The 94-year-old historic paramount theater continues to serve as "charlottesville's living room," as the theater's staff and board are committed to providing safe and diverse entertainment for all guests, staff, and volunteers as it continues to serve as a beacon of inspiration to the entire local and visiting community.

    $3,671,527 spentof which $685,000 as grants
    98% of program spending
  2. Arts education: the arts education program presents school-day educational performances for students in grades pre-k through 12 from central virginia to experience live performing arts in the historic paramount theater. We are committed to offering programming that is artistically rich and reflects diverse cultures and races, and we hold steadfast to our mission of ensuring access for all area youth. Students from all schools, income levels, and backgrounds come together at the paramount, uniquely bridging a broad spectrum of participants to share in a common experience. Our programming can include q&a with performers, in-school workshops, masterclasses, multi-day artist residencies, and collaborative opportunities with local artists. All programming aligns with virginia standards of learning as well as social emotional learning standards and includes study guides. The 2024-25 arts education season presented 15 live educational performances to 11,850 students and educators from area public (spanning 14 school districts), private, and home school groups. All participating students and teachers received subsidized ticket pricing, with 3,229 students receiving free admission based on…

    $53,998 spent
    1% of program spending
  3. Community access: the mary p. Reese community access fund (mprcaf) was established to ensure all members of our community have access to the arts. The paramount theater partners with dozens of area agencies and nonprofit groups such as big brothers big sisters, boys & girls club of central virginia, community attention foster families, habitat for humanity, innisfree, international neighbors, irc, paraderest, readykids, the women's initiative, as well as school groups, first responders, and many other community organizations to offer complimentary tickets to all paramount presented events. This fiscal year, 650 community members from 45 nonprofits received complimentary tickets to 83 events. In addition, 32 local nonprofit organizations hosted a wide range of performances, speakers, and fundraising events at the paramount theater, subsidized by the mprcaf, and further supported by thousands of event attendees. Among these groups were the virginia film festival; festival of the book; light house studio; literacy volunteers; charlottesville ballet; charlottesville band; charlottsville chamber music festival; charlottesville opera; irc; prolyfyk; uva's division for community…

    $13,566 spent
    0% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $3,739,091.

02The organization over time

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.

100 = 20172017 Revenue 100 ($2.7M) Expenses 100 ($2.5M) Net assets 100 ($238k)2018 Revenue 103 ($2.8M) Expenses 104 ($2.7M) Net assets 156 ($372k)2019 Revenue 97 ($2.6M) Expenses 102 ($2.6M) Net assets 180 ($427k)2020 Revenue 119 ($3.2M) Expenses 136 ($3.5M) Net assets 77 ($184k)2021 Revenue 73 ($2.0M) Expenses 62 ($1.6M) Net assets 246 ($586k)2022 Revenue 141 ($3.8M) Expenses 103 ($2.6M) Net assets 750 ($1.8M)2023 Revenue 125 ($3.4M) Expenses 155 ($4.0M) Net assets 502 ($1.2M)2024 Revenue 138 ($3.7M) Expenses 139 ($3.5M) Net assets 584 ($1.4M)2025 Revenue 143 ($3.9M) Expenses 172 ($4.4M) Net assets 371 ($883k)
'17'18'19'20'21'22'23'24'25
Revenue (143)Expenses (172)Net assets (371)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $857k to $1.6M (+86%).

$593k
$759k
$1.0M
$857k
$1.6M
$2.2M
$1.9M
$2.2M
$1.9M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 3% · 2018 3% · 2019 3% · 2020 3% · 2021 21% · 2022 37% · 2023 9% · 2024 2% · 2025 5%. Grants only. Government contracts and fees sit inside program revenue.

37% of THE PARAMOUNT THEATER OF CHARLOTTESVILLE INC’s revenue is contributions — about as donation-reliant as the typical peer (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$162k
’17
$134k
’18
$43k
’19
−$243k
’20
$402k
’21
$1.2M
’22
−$565k
’23
$196k
’24
−$507k
’25
3.6
months of
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.

'17'18'19'20'21'22'23'24'25
Listed302623293431302725
Joined·+6+10+7+7+3+6+4+5
No longer listed·1013126777
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 5 funders to 10 funders, grant income fell $80k → $43k.

11 of 24 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 72% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE PARAMOUNT THEATER OF CHARLOTTESVILLE INC’s funders (the co-funder graph). 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 OF CHARLOTTESVILLE INC has a broad base — no single funder exceeds 24% 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

72% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE PARAMOUNT THEATER OF CHARLOTTESVILLE INC.

24%
largest funder
51%
top three
~8
effective funders

Largest funder’s share by year: 2017 63% · 2018 57% · 2019 48% · 2020 48% · 2021 74% · 2022 36% · 2023 23% — diversifying over time.

“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

35% of THE PARAMOUNT THEATER OF CHARLOTTESVILLE INC's funders are still giving 3 years after their first grant; 71% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

72% of THE PARAMOUNT THEATER OF CHARLOTTESVILLE INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $266k that is directly attributable, 89% of it comes from Virginia funders.

NY
PA
CT
VA
NC
MS
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. $691k arriving through sponsors registered in 9 states 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.

04Its place in the field

Against its field

THE PARAMOUNT THEATER OF CHARLOTTESVILLE INC's revenue grew 43% between 2017 and 2025.

Operating margin−13% · bottom quartile
Months of reserve3.6mo · below the median
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025

Organizations like THE PARAMOUNT THEATER OF CHARLOTTESVILLE 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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

85% of spending goes to programs.

Program 85%Management 9%Fundraising 6%

Governance

23
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

96%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

VA

Part of a family of 1 related entity

  • The Paramount Theater Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for THE PARAMOUNT THEATER OF CHARLOTTESVILLE 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.

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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 OF CHARLOTTESVILLE INC?
THE PARAMOUNT THEATER OF CHARLOTTESVILLE INC (Virginia) receives grants from 24 organizations whose IRS filings report $957,339 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($226,500). 17 of them have funded it in more than one year, and 72% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does THE PARAMOUNT THEATER OF CHARLOTTESVILLE INC have?
IRS filings report 24 organizations giving $957,339 in grants to THE PARAMOUNT THEATER OF CHARLOTTESVILLE INC, 17 of which have funded it in more than one year.
Who is the largest funder of THE PARAMOUNT THEATER OF CHARLOTTESVILLE INC?
NATIONAL PHILANTHROPIC TRUST is the largest funder on record, with $226,500 in grants. The full list of funders is on this page.
How can an organization like THE PARAMOUNT THEATER OF CHARLOTTESVILLE 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.

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 24 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