Abilene, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Historic Paramount Theatre Inc, founded in 2002, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.1M in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $496K, a strong 24% operating margin.
Our mission is to manage and promote the Historic Paramount Theatre to benefit the citizens of Abilene, Texas and the surrounding area.
In managing and preserving the Historic Paramount Theatre to benefit the citizens of Abilene, Texas and the surrounding areas, we provide the annual Paramount Film Series and other special film...
In managing and preserving the Historic Paramount Theatre to benefit the citizens of Abilene, Texas and the surrounding areas, we provide the annual Paramount Film Series and other special film series; our 24FPS International Short Film Festival; Paramount Productions: live theatrical experiences featuring youth, amateur, and professional artists on our landmark stage; facility rentals for live theatre, touring shows, concerts, film screenings, fundraisers, special events, and weddings; and we host a wide range of local and regional arts and educational organizations, including Abilene Ballet Theatre, Abilene Opera Association, Abilene Community Band, and Celebration Singers.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,076,895 | $1,537,948 | +0.4% |
| Expenses | $1,580,929 | $647,059 | +1.4% |
| Net Income | $495,966 | $890,889 | -0.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| George Levesque | Executive Director | 40.00 |
Officer
|
$119,336 | $24,463 | $143,799 |
| Leah Doty | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Joe Biles | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Bourdon Wooten | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Shelly Sanders | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Mark Zachary | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Casey Hatcher | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Amanda OConnor | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jay Lester | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Forrest McMillan | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Omar Ortiz | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Andrea Smiddy-Schlagel | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Ronalyn Sutphen | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Lynn Wilkinson | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jeff Duncan | Past Chair | 2.00 |
Officer
|
$0 | $0 | $0 |
| Steve Stovall | Chair | 2.00 |
Officer
|
$0 | $0 | $0 |
| Jasmine McCabe-Gossett | Secretary | 2.00 |
Officer
|
$0 | $0 | $0 |
| Melody Hunt | Vice Chair | 2.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,076,895 | $1,580,929 | $1,490,843 | $495,966 |
| 2024 | $1,537,948 | $1,722,007 | $1,000,832 | $-184,059 |
| 2023 | $1,349,962 | $1,099,836 | $1,183,954 | $250,126 |
| 2022 | $972,991 | $751,052 | $869,981 | $221,939 |
| 2021 | $492,842 | $474,377 | $641,192 | $18,465 |
| 2020 | $690,998 | $654,909 | $571,182 | $36,089 |
| 2019 | $626,750 | $621,754 | $541,063 | $4,996 |
Compare Historic Paramount Theatre Inc with other nonprofits in Texas and across the country.