Civic Intelligence

Paramount Center for the Arts

990 • Fiscal year 2021 • EIN 41-1809017

Sep 01, 2020 to Aug 31, 2021 • Filed on Jan 30, 2022

913 W St GermainSt Cloud, MN 56301

(320) 257-3106

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.18x

Higher debt load relative to assets than 57% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

83rd percentile

1.03x

Higher debt load relative to revenue than 83% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

55th percentile

15%

Higher net margin than 55% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

36th percentile

$87,456

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 8.9% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

83rd percentile

34%

Faster asset growth than 83% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

6th percentile

-42%

Faster revenue growth than 6% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Up

$5,632,515

Up $1,421,914 (+34%) from 2020

Net Assets

Up

$4,628,951

Up $761,993 (+20%) from 2020

Liabilities

Up

$1,003,564

Up $659,921 (+192%) from 2020

Revenue

Down

$977,185

Down $710,955 (-42%) from 2020

Expenses

Down

$828,589

Down $633,730 (-43%) from 2020

Net Income

Down

$148,596

Down $77,225 (-34%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $259,476Liabilities 2010: $285,106Net Assets 2010: -$25,6302010Assets 2011: $382,867Liabilities 2011: $323,745Net Assets 2011: $59,1222011Assets 2012: $364,310Liabilities 2012: $302,209Net Assets 2012: $62,1012012Assets 2013: $482,020Liabilities 2013: $434,871Net Assets 2013: $47,1492013Assets 2014: $524,009Liabilities 2014: $471,179Net Assets 2014: $52,8302014Assets 2015: $641,581Liabilities 2015: $540,223Net Assets 2015: $101,3582015Assets 2016: $843,189Liabilities 2016: $600,874Net Assets 2016: $242,3152016Assets 2017: $873,087Liabilities 2017: $606,486Net Assets 2017: $266,6012017Assets 2018: $929,969Liabilities 2018: $702,817Net Assets 2018: $227,1522018Assets 2019: $4,164,419Liabilities 2019: $720,947Net Assets 2019: $3,443,4722019Assets 2020: $4,210,601Liabilities 2020: $343,643Net Assets 2020: $3,866,9582020Assets 2021: $5,632,515Liabilities 2021: $1,003,564Net Assets 2021: $4,628,9512021Assets 2022: $5,367,834Liabilities 2022: $533,904Net Assets 2022: $4,833,9302022Assets 2023: $5,624,140Liabilities 2023: $509,435Net Assets 2023: $5,114,7052023Assets 2024: $6,262,793Liabilities 2024: $614,707Net Assets 2024: $5,648,0862024Assets 2025: $6,634,875Liabilities 2025: $604,704Net Assets 2025: $6,030,1712025

Highlighted filing

2021

Assets$5,632,515
Liabilities$1,003,564
Net Assets$4,628,951

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $944,9112010Revenue 2011: $1,487,101Expenses 2011: $1,402,349Net Income 2011: $84,7522011Expenses 2012: $1,478,7922012Revenue 2013: $1,457,653Expenses 2013: $1,472,605Net Income 2013: -$14,9522013Revenue 2014: $1,492,722Expenses 2014: $1,487,041Net Income 2014: $5,6812014Revenue 2015: $1,950,462Expenses 2015: $1,901,934Net Income 2015: $48,5282015Revenue 2016: $2,014,237Expenses 2016: $1,880,780Net Income 2016: $133,4572016Revenue 2017: $2,049,941Expenses 2017: $2,034,423Net Income 2017: $15,5182017Revenue 2018: $1,975,124Expenses 2018: $2,014,573Net Income 2018: -$39,4492018Revenue 2019: $5,164,504Expenses 2019: $1,950,684Net Income 2019: $3,213,8202019Revenue 2020: $1,688,140Expenses 2020: $1,462,319Net Income 2020: $225,8212020Revenue 2021: $977,185Expenses 2021: $828,589Net Income 2021: $148,5962021Revenue 2022: $2,367,012Expenses 2022: $1,642,233Net Income 2022: $724,7792022Revenue 2023: $2,137,259Expenses 2023: $2,003,104Net Income 2023: $134,1552023Revenue 2024: $2,123,020Expenses 2024: $1,972,927Net Income 2024: $150,0932024Revenue 2025: $2,285,344Expenses 2025: $2,182,237Net Income 2025: $103,1072025

Highlighted filing

2021

Revenue$977,185
Expenses$828,589
Net Income$148,596
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Jan 30, 2022
Return Version
2020v4.2
Gross Receipts
$1,000,517
Mission and Program Overview

Mission

To engage, educate, enrich, and entertain through inspiring arts experiences. The city-owned facility is managed to ensure use by a diverse set of patrons, enhance artistic opportunity, provide a creative environment for community involvement in the arts, and generate a positive economic impact on downtown st. Cloud.

Development of the art district in downtown st. Cloud.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,276,422$3,905,133▲ $628,711
Savings and Temporary Cash Investments$473,976$748,298▲ $274,322
Cash and Non-Interest-Bearing Accounts$277,426$633,108▲ $355,682
Pledges and Grants Receivable$65,228$139,280▲ $74,052
Prepaid Expenses and Deferred Charges$90,136$108,954▲ $18,818
Land, Buildings, and Equipment, Net$16,395$83,398▲ $67,003
Accounts Receivable$7,457$7,669▲ $212
Inventories for Sale or Use$3,561$6,675▲ $3,114
Total Assets$4,210,601$5,632,515▲ $1,421,914
Liabilities
Deferred Revenue$58,677$657,601▲ $598,924
Other Liabilities$231,560$262,332▲ $30,772
Accounts Payable and Accrued Expenses$44,228$62,118▲ $17,890
Escrow Account Liability$9,178$21,513▲ $12,335
Total Liabilities$343,643$1,003,564▲ $659,921
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,250,238$2,914,868▲ $664,630
Net Assets With Donor Restrictions$1,616,720$1,714,083▲ $97,363
Total Net Assets Fund Balance$3,866,958$4,628,951▲ $761,993
Total Liabilities and Net Assets / Fund Balance$4,210,601$5,632,515▲ $1,421,914

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$83,398$26,303$109,701

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$226--$226-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bob JohnsonExecutive DirectorFT$83,377$4,079$87,456
CINDY O'KONEKFinance DirectorFT$52,851$3,149$56,000

Board Members and Trustees

NameTitle
King BanaianChair
Chris StalboergerVice Chair
Abdi DaisaneBoard Member
Alyse WeisBoard Member
Dan TorgersenBoard Member
David DeblieckBoard Member
Elna BatemanBoard Member
Hanna LordBoard Member
Janet TilstraBoard Member
Jeffrey PetersonBoard Member
John MathewsBoard Member
June RoosBoard Member
Lynn MetcalfBoard Member
Meghan DingmannBoard Member
Melinda TammBoard Member
Melissa Fradette Msn RnBoard Member
Paul BrandmireBoard Member
Scott ZlotnikCity Administrator
Revenue and Support

Revenue Composition

Contributions and Grants
$445,170
Program Service Revenue
$340,972
Investment Income
$104,925
Other Revenue
$86,118
All Other Contributions
$173,348
Change in Net Assets
$148,596

Audited Revenue Reconciliation

Revenue per Audited Statements
$951,818
Revenue Not Reported on Financial Statements
$25,367
Revenue Not Reported on Form 990
$758,127
Total Revenue per Audited Statements
$1,709,945
Total Revenue per Form 990
$977,185
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$418,921
Salaries, Compensation, and Employee Benefits$409,668
Total Fundraising Expense$53,907
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$193,784$27,783$13,767$235,334
Current Officers, Directors, Trustees, and Key Employees$29,311$75,142$23,129$127,582
Occupancy$82,272$24,272-$106,544
Fees for Services Other$49,571$26,174-$75,745
Office Expenses$30,720$16,664$13,795$61,179
Payroll Taxes$20,283$8,029$1,235$29,547
Fees for Service Investment Mgmnt Fees-$25,367-$25,367
Advertising$7,857$3,999-$11,856
Insurance$3,775$6,977-$10,752
Other Employee Benefits$7,213$2,855$439$10,507
Fees for Services Accounting-$9,600-$9,600
Depreciation Depletion$2,699$4,435-$7,134
Pension Plan Contributions$4,598$1,820$280$6,698
All Other Expenses$473$4,398-$4,871
Other Expenses$413$2,856$0$3,269
Travel$818$507$59$1,384
Total Functional Expenses$510,004$264,678$53,907$828,589

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$947,952
Total Expenses per Form 990$828,589
Expenses per Audited Statements$803,222
Expenses Not Reported on Form 990$144,730
Expenses Not Reported on Financial Statements$25,367
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$16,503
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$81,567-$16,503-
Total Events$81,567-$16,503$-16,503
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Other Organizations$190,853
Gift Certificates$70,720
Other Liabilities$759
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The executive director, finance director, and board vice president, who is a cpa all review the 990 after it is prepared. It is also provided to the board of directors for discussion and review before filing.

Form 990, Part VI, Section B, Line 12C

Each board member is required to review the conflict of interest policy annually and sign a form stating that they have done so.

Form 990, Part VI, Section B, Line 15

The governance committee reviews compensation and makes recommendations to the board of directors regarding the range of compensation.

Form 990, Part VI, Section C, Line 19

All documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Paramount Center for the Arts
EIN
41-1809017
Phone
3202573106
Address
913 W ST GERMAIN, ST CLOUD, MN 56301

Signing Officer

Name
Bob Johnson
Title
Executive Director
Phone
3202573106
Signed
2022-01-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bob Johnson
Formed
1995
Legal Domicile
Mn
Voting Board Members
18
Independent Board Members
18
Employees
52
Volunteers
60

Preparer

Firm
Bergankdv Ltd
Address
220 PARK AVE S, ST CLOUD, MN 56301
Preparer
Marie a Primus CPA
Phone
3202517010
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

Due to covid-19 the paramount center for the arts was closed to in-person programming until reopening in a limited capacity may, 2021, with stage shows and visual arts classes presented following covid-19 protocols. Virtual art programming continues to be available for some stage shows with a livestream option.

Form 990, Part IX, Line 11G

Other fees for services: program service expenses 49,571. Management and general expenses 26,174. Fundraising expenses 0. Total expenses 75,745.

Form 990, Part XI, Line 2C

The audit committee discusses the preliminary audit and communications letter and advises of any desired changes. This process has not changed from prior year.

Financial Statement Notes

PART III, LINE 1A:

The collections, which were acquired through purchases and contributions since the organization's inception, are not recognized as assets on the statements of financial position. Purchases of collection items are recorded as decreases in unrestricted net assets in the year in which the items are acquired, or decreases in donor restricted net assets if the assets used to purchase the items are restricted by donors. Contributed collection items are not reflected on the financial statements. Proceeds from deaccessions or insurance recoveries are reflected as increases in the appropriate net asset classes. The organization's collections are made up of works of art that are held for public exhibition, educational and research purposes. Each of the items is protected, kept unencumbered, cared for, and preserved and activities verifying their existence and assessing their condition are performed continuously. Should a donated object of art ever be sold, all proceeds must be used to repair, preserve or purchase other pieces of art.

PART III, LINE 4:

The art collection consists of a small number of donated paintings, prints, and weavings that will be exhibited, preserved, and represented as part of the mission to provide opportunities for creative exploration, arts education, and enjoyment of the arts.

PART IV, LINE 2B:

Paramount center for the arts is a fiscal agent for the downtown st cloud super art crawl, the fred yiran african arts day, the mississippi strings camp, and the art crawl reserve fund.

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IRS990/Form990PartVIISectionAGrp/PersonNm12MEGHAN DINGMANN
IRS990/Form990PartVIISectionAGrp/PersonNm13ALYSE WEIS
IRS990/Form990PartVIISectionAGrp/PersonNm14HANNA LORD
IRS990/Form990PartVIISectionAGrp/PersonNm15PAUL BRANDMIRE
IRS990/Form990PartVIISectionAGrp/PersonNm16ABDI DAISANE
IRS990/Form990PartVIISectionAGrp/PersonNm17MELISSA FRADETTE MSN RN
IRS990/Form990PartVIISectionAGrp/PersonNm18JEFFREY PETERSON
IRS990/Form990PartVIISectionAGrp/PersonNm19SCOTT ZLOTNIK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt083377
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt152851
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1FINANCE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19CITY ADMINISTRATOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01995
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt081567
IRS990/FundraisingDirectExpensesAmt016503
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GovernmentGrantsAmt0190255
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01000517
IRS990/GrossSalesOfInventoryAmt017439
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt06977
IRS990/InsuranceGrp/ProgramServicesAmt03775
IRS990/InsuranceGrp/TotalAmt010752
IRS990/InventoriesForSaleOrUseGrp/BOYAmt03561
IRS990/InventoriesForSaleOrUseGrp/EOYAmt06675
IRS990/InvestmentIncomeGrp/ExclusionAmt0104925
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0104925
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03276422
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03905133
IRS990/IRPDocumentCnt056
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt026303
IRS990/LandBldgEquipBasisNetGrp/BOYAmt016395
IRS990/LandBldgEquipBasisNetGrp/EOYAmt083398
IRS990/LandBldgEquipCostOrOtherBssAmt0109701
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE PARAMOUNT CENTER FOR THE ARTS IS TO PROVIDE OPPORTUNITIES FOR ARTISTIC PRODUCTION, CREATIVE EXPLORATION, ARTS EDUCATION AND THE ENJOYMENT OF ARTS AND ENTERTAINMENT. THE FACILITY IS MANAGED TO ENSURE USE BY A DIVERSE SET OF PATRONS, ENHANCE ARTISTIC OPPORTUNITY, PROVIDE A CREATIVE ENVIRONMENT FOR COMMUNITY INVOLVEMENT IN THE ARTS AND GENERATE A POSITIVE ECONOMIC IMPACT ON DOWNTOWN ST. CLOUD.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03866958
IRS990/NetAssetsOrFundBalancesEOYAmt04628951
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-16503
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-16503
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt010610
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt010610
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0613397
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02250238
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02914868
IRS990/NoncashContributionsAmt02500
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt024272
IRS990/OccupancyGrp/ProgramServicesAmt082272
IRS990/OccupancyGrp/TotalAmt0106544
IRS990/OfficeExpensesGrp/FundraisingAmt013795
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt016664
IRS990/OfficeExpensesGrp/ProgramServicesAmt030720
IRS990/OfficeExpensesGrp/TotalAmt061179
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0439
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02855
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt07213
IRS990/OtherEmployeeBenefitsGrp/TotalAmt010507
IRS990/OtherExpensesGrp/Desc0ARTISTIC FEES
IRS990/OtherExpensesGrp/Desc1MEMBERSHIPS
IRS990/OtherExpensesGrp/Desc2EVENT EXPENSE
IRS990/OtherExpensesGrp/Desc3STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt11203
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt020150
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13366
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2284
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32856
IRS990/OtherExpensesGrp/ProgramServicesAmt071108
IRS990/OtherExpensesGrp/ProgramServicesAmt1620
IRS990/OtherExpensesGrp/ProgramServicesAmt24489
IRS990/OtherExpensesGrp/ProgramServicesAmt3413
IRS990/OtherExpensesGrp/TotalAmt091258
IRS990/OtherExpensesGrp/TotalAmt15189
IRS990/OtherExpensesGrp/TotalAmt24773
IRS990/OtherExpensesGrp/TotalAmt33269
IRS990/OtherLiabilitiesGrp/BOYAmt0231560
IRS990/OtherLiabilitiesGrp/EOYAmt0262332
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0EMPLOYEE RETENTION CRE
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt091457
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1554
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt091457
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1554
IRS990/OtherRevenueTotalAmt092011
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt013767
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt027783
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0193784
IRS990/OtherSalariesAndWagesGrp/TotalAmt0235334
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01235
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08029
IRS990/PayrollTaxesGrp/ProgramServicesAmt020283
IRS990/PayrollTaxesGrp/TotalAmt029547
IRS990/PensionPlanContributionsGrp/FundraisingAmt0280
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01820
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04598
IRS990/PensionPlanContributionsGrp/TotalAmt06698
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt065228
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0139280
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt090136
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0108954
IRS990/PrincipalOfficerNm0BOB JOHNSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711110
IRS990/ProgramServiceRevenueGrp/BusinessCd1711110
IRS990/ProgramServiceRevenueGrp/BusinessCd2711110
IRS990/ProgramServiceRevenueGrp/Desc0PERFORMING ARTS
IRS990/ProgramServiceRevenueGrp/Desc1VISUAL ARTS/GALLERY
IRS990/ProgramServiceRevenueGrp/Desc2OUTREACH
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0281385
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt159567
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt220
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0281385
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt159567
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt220
IRS990/ProgSrvcAccomActy2Grp/Desc0VISUAL ARTS: THE VISUAL ARTS STUDIOS WERE CREATED AND OPENED AS PART OF THE 1998 PARAMOUNT THEATRE RENOVATION. THIS WELL-EQUIPPED FACILITY OFFERS CLASSES THROUGHOUT THE YEAR FOR ALL AGES, IN A VARIETY OF MEDIUMS, AND SUMMER ART CAMPS FOR YOUTH. PCA HAS A PARTICULAR STRENGTH IN CERAMICS AND PROVIDES STUDIO FACILITIES AND EQUIPMENT TO THE COMMUNITY AND WOOD-WORKING AND WOOD-TURNING PROGRAMS. THE FACILITY INCLUDES A RETAIL SALES GALLERY THAT REPRESENTS 60 LOCAL AND REGIONAL ARTISTS, A PROFESSIONAL GALLERY AND TWO CASUAL GALLERY SPACES FOR ARTISTS TO SHOW. PCA PROVIDES EMPLOYMENT OPPORTUNITIES FOR WORKING ARTISTS, IN A TEACHING CAPACITY, AND SALES OPPORTUNITIES FOR ARTWORK ON EXHIBITION. PCA OFFERS PROFESSIONAL DEVELOPMENT SEMINARS AND WORKSHOPS FOR WORKING ARTISTS AND ART EDUCATORS; RESIDENCIES AND OTHER SERVICES TO K-12 SCHOOLS; PLUS EDUCATIONAL OUTREACH TO COMMUNITY ORGANIZATIONS AND SCHOOL DISTRICTS AND A FULL CATALOG OF ARTS INSTRUCTIONAL CLASSES TO THE PUBLIC. VISUAL ARTS ACCOMMODATES 22,500 CHILDREN AND ADULTS ANNUALLY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0131136
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt059567
IRS990/ProgSrvcAccomActy3Grp/Desc0EDUCATION OUTREACH: THE PARAMOUNT THEATRE IS COMMITTED TO CONNECTING LOCAL ARTISTS WITH THE LARGER COMMUNITY TO ENHANCE AND EXPAND ARTS OPPORTUNITIES AN ACCESS IN CENTRAL MINNESOTA. THESE ACTIVITIES INCLUDE WORKSHOPS FOR CLASSROOM AND ARTS TEACHERS, RESIDENCY PROGRAMS ON AND OFF-SITE FOR SCHOOL AND COMMUNITY ORGANIZATIONS, SENIOR COMMUNITIES, SPECIALIZED COURSES FOR INDIVIDUALS WITH COGNITIVE DISABILITIES AND TEHNICAL OUTREACH SERVICES ASSISTING SCHOOL AND COMMUNITY THEATRES TO MAINTAIN AND MANAGE THEIR LIGHTING AND SOUND EQUIPMENT, AND CONSULTING SERVICES THAT HELP AREA SCHOOLS AND ORGANIZATIONS ACCESS EXPANDED ARTS EXPERIENCES FOR THEIR CLIENTS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt06244
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt020
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0567706
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt094501
IRS990/PYOtherExpensesAmt0784706
IRS990/PYOtherRevenueAmt0121161
IRS990/PYProgramServiceRevenueAmt0904772
IRS990/PYRevenuesLessExpensesAmt0225821
IRS990/PYSalariesCompEmpBnftPaidAmt0677613

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.63$0.60$6.03$2.29$2.18$0.10
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.26$0.61$5.65$2.12$1.97$0.15
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.62$0.51$5.11$2.14$2.00$0.13
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.37$0.53$4.83$2.37$1.64$0.72
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.63$1.00$4.63$0.98$0.83$0.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.21$0.34$3.87$1.69$1.46$0.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.16$0.72$3.44$5.16$1.95$3.21
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.70$0.23$1.98$2.01$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.87$0.61$0.27$2.05$2.03$0.02
2016Summary only. Only limited summary data is available for this year.$0.84$0.60$0.24$2.01$1.88$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.64$0.54$0.10$1.95$1.90$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.52$0.47$0.05$1.49$1.49$0.01
2013Summary only. Only limited summary data is available for this year.$0.48$0.43$0.05$1.46$1.47$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.30$0.06$1.48
2011Summary only. Only limited summary data is available for this year.$0.38$0.32$0.06$1.49$1.40$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.29$0.03$0.94