THE PARAMOUNT THEATER FOUNDATION IN F/K/A THE PARAMOUNT THEATER INC (EIN 541554483) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

JULIE A MONTROSS

Phone

4349791922

Tax Period

2023-07-01 to 2024-06-30

THE PARAMOUNT THEATER FOUNDATION IN F/K/A THE PARAMOUNT THEATER INC, founded in 1992, is a small nonprofit in the Arts, Culture & Humanities sector that reported $258K in total revenue in fiscal year 2017. Revenue decreased 14% compared to the prior year. Expenses of $527K exceeded revenue, resulting in a 104% operating deficit.

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.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $240,306

Program Service Revenue $0

Investment Income $15,356

Other Revenue $64,800

TOTAL REVENUE $320,462

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $54,594

Program Expenses $397,048

Other Expenses $496,310

TOTAL EXPENSES $496,310

Year-over-Year Comparison

	2023	2022	Change
Revenue	$320,462	$704,786	-0.5%
Expenses	$496,310	$504,662	0.0%
Net Income	$-175,848	$200,124	-1.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$217,747

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STERLING FRANK	CHAIR	2.00	Officer Director	$0	$0	$0
PATTI CARRY	SECRETARY	2.00	Officer Director	$0	$0	$0
DAVE PAULSON	TREASURER	2.00	Officer Director	$0	$0	$0
CAROLYN RAINEY	IMMEDIATE PA	2.00	Officer	$0	$0	$0
PAMELA EDMONDS	MEMBER-AT-LA	2.00	Director	$0	$0	$0
CARLA HALLMAN	MEMBER-AT-LA	2.00	Director	$0	$0	$0
AMANDA JONES	MEMBER-AT-LA	2.00	Director	$0	$0	$0
LORENZO DICKERSON	MEMBER-AT-LA	2.00	Director	$0	$0	$0
MJ ABBITT-SUSHKA	DIRECTOR	0.50	Director	$0	$0	$0
JACKIE BRADLEY	DIRECTOR	0.50	Director	$0	$0	$0
MARY DALTON	DIRECTOR	0.50	Director	$0	$0	$0
DAVID T GIES	DIRECTOR	0.50	Director	$0	$0	$0
MARK HAHN	DIRECTOR	0.50	Director	$0	$0	$0
QUINTON HARRELL	DIRECTOR	0.50	Director	$0	$0	$0
CHRIS HOLDEN	DIRECTOR	0.50	Director	$0	$0	$0
CRAIG LITTLEPAGE	DIRECTOR	0.50	Director	$0	$0	$0
SHERRI MOORE	DIRECTOR	0.50	Director	$0	$0	$0
DONNA PLASKET	DIRECTOR	0.50	Director	$0	$0	$0
JOHN PRITZLAFF	DIRECTOR	0.50	Director	$0	$0	$0
KEN SHEVLIN	DIRECTOR	0.50	Director	$0	$0	$0
BARBARA SIEG	DIRECTOR	0.50	Director	$0	$0	$0
JOHN STEELE	DIRECTOR	0.50	Director	$0	$0	$0
GARY TAYLOR	DIRECTOR	0.50	Director	$0	$0	$0
SAM UPPALA	DIRECTOR	0.50	Director	$0	$0	$0
ADRIENNE WOODARD	DIRECTOR	0.50	Director	$0	$0	$0
JULIE A MONTROSS	EXECUTIVE DI	8.00	Officer	$0	$26,770	$133,848
TAYLOR CASHWELL	DIRECTOR OF	8.00	Officer	$0	$16,780	$83,899

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$320,462	$496,310	$10,074,560	$-175,848
2023	$704,786	$504,662	$10,249,521	$200,124
2022	$148,256	$563,153	$10,048,033	$-414,897
2021	$432,439	$518,955	$10,491,807	$-86,516
2020	$339,819	$495,626	$10,586,252	$-155,807
2019	$362,166	$543,174	$10,892,996	$-181,008
2018	$258,058	$527,294	$11,023,748	$-269,236

THE PARAMOUNT THEATER FOUNDATION IN F/K/A THE PARAMOUNT THEATER INC