AUSTIN, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PARAMOUNT THEATRE FOR THE PERFORMING ARTS INC, founded in 1915, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.7M in total revenue in fiscal year 2023. The organization ran a surplus of $1.6M, a strong 96% operating margin.
WE'RE HERE TO INSPIRE GENERATIONS. WE CONNECT PEOPLE AND STRENGTHEN COMMUNITY BY SHOWCASING UNFORGETTABLE PERFORMANCES ACROSS GENRES, PROVIDING LIFE-CHANGING ARTS EDUCATION PROGRAMS, AND DREAMING UP MAGICAL EXPERIENCES IN ICONIC VENUES THAT ANCHOR AND DEFINE DOWNTOWN AUSTIN.
ORIGINALLY OPENED AS A VAUDEVILLE HOUSE IN 1915, THE HISTORIC PARAMOUNT THEATRE HAS BEEN A SECOND HOME FOR GENERATIONS OF AUSTINITES TO GATHER, CONNECT, AND GET INSPIRED. THE THEATRE IS STILL A...
ORIGINALLY OPENED AS A VAUDEVILLE HOUSE IN 1915, THE HISTORIC PARAMOUNT THEATRE HAS BEEN A SECOND HOME FOR GENERATIONS OF AUSTINITES TO GATHER, CONNECT, AND GET INSPIRED. THE THEATRE IS STILL A CORNERSTONE OF THE AUSTIN ARTS SCENE TODAY. THIS ARCHITECTURAL TREASURE OFFERS STUNNING ORIGINAL FEATURES STILL INTACT AND IN USE, INCREDIBLE ACOUSTICS FOR LIVE PERFORMANCE, AND CAPABILITIES TO SCREEN FILMS IN DIGITAL, 70MM, AND 35MM. WHILE HUNDREDS OF SHOWS ARE PRESENTED HERE EVERY YEAR, THE THEATRE IS SO MUCH MORE THAN A VENUE. OVER 15,000 CENTRAL TEXAS STUDENTS VISIT THE THEATRE ANNUALLY THROUGH PARAMOUNT EDUCATION PROGRAMS; THE ATA PRODUCED MOONTOWER JUST FOR LAUGHS FESTIVAL IS HELD HERE EVERY APRIL, ONE OF THE LARGEST COMEDY FESTIVALS IN THE NATION; IT HOSTS THE STAR-STUDDED WORLD PREMIERES OF SXSW, AUSTIN FILM FESTIVAL, AND BEYOND; PROGRAMS THE SUMMER CLASSIC FILM SERIES, NOW IN ITS 49TH YEAR; PARTNERS WITH 100+ LOCAL ORGANIZATIONS TO REMOVE ECONOMIC BARRIERS TO ACCESSING THE ARTS THROUGH COMMUNITY PROGRAMS; AND WORKS WITH EXPERTS TO ENSURE THE CAREFUL PRESERVATION OF AUSTIN HISTORY. THE PARAMOUNT IS ONE OF ONLY 20 THEATRES LEFT IN THE COUNTRY OVER 100 YEARS OLD AND STILL IN USE AS A VENUE.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,688,656 | $1,677,473 | +0.0% |
| Expenses | $72,281 | $49,765 | +0.5% |
| Net Income | $1,616,375 | $1,627,708 | 0.0% |
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 |
|---|---|---|---|---|---|---|
| HAL KATZ | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SHARON FRANCIA | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BOB ELLIS | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| H JAMES RITTS III | EXECUTIVE DIRECTOR | 5.00 |
Officer
Director
|
$0 | $9,664 | $390,295 |
| SANDRA HILL | CHIEF FINANCIAL OFFICER | 5.00 |
Officer
|
$0 | $9,677 | $204,796 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,688,656 | $72,281 | $12,762,342 | $1,616,375 |
| 2023 | $1,677,473 | $49,765 | $11,151,834 | $1,627,708 |
| 2022 | $1,041,143 | $49,548 | $9,514,865 | $991,595 |
| 2021 | $373,918 | $16,748 | $8,508,826 | $357,170 |
| 2020 | $371,915 | $17,164 | $8,151,656 | $354,751 |
| 2019 | $944,011 | $34,292 | $7,796,905 | $909,719 |
| 2018 | $722,800 | No data | $6,887,186 | No data |
Compare PARAMOUNT THEATRE FOR THE PERFORMING ARTS INC with other nonprofits in Texas and across the country.