Arts, Culture & Humanities (A610) IRS Verified DX Registered 990 on File

PARAMOUNT ARTS CENTRE INC

EIN: 36-3189061 · AURORA, IL 60506-4161 · United States · FY 2024 Data

3 out of 5 52 / 100 Based on 2+ years of filings

Financial strength (30%) 63/100

Reliability (20%) 55/100

Effectiveness (25%) 87/100

Impact (25%) No data yet

Financial data: FY 2024 · Scored 9/13/2026

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Mission Statement

MISSION STATEMENT OF THE PARAMOUNT ARTS CENTRE The mission of the Paramount Arts Centre is to entertain, enlighten and inspire an appreciation for the arts. In order to enhance the quality of life in the Chicago Metropolitan area,the Paramount Arts Centre presents a variety of world-class performances in a beautiful, historic arts complex. This not-for-profit theatre offers educational arts opportunities and activities. The Paramount Arts Centre supports programs encompassing local to international art, theatre, dance, music, comedy, and classics, as well as family and community events. The Paramount Arts Centre serves as a catalyst for economic vitality and cultural diversity. The Paramount Arts Centre boasts a professional, committed staff dedicated to supporting the arts and to providing a progressive and ever-improving arts complex. The Paramount Arts Centre strives to exceed the expectations of our guests with excellent and courteous service in a total entertainment experience.

Financial Overview — FY 2024

$2.4M

Total Revenue

$2.4M

Total Expenses

$35K

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 100.0%

Fundraising Efficiency 0.0%

Operating Reserve 0.18x

Liability-to-Asset 12.0%

Revenue Diversification 102.2%

Compared with Peers

FY 2024

Compared with 3,458 similar organizations (United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2024.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	100.0%	77.9%	P10P90	Top quarter
Admin expense ratio Management and general / total expenses · lower is better	0.0%	14.4%	P10P90	Top quarter
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	0.0%	5.4%	P10P90	Top quarter
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	0.0%	240.4%	P10P90	Top quarter
Operating reserve Months of expenses covered by net assets · higher is better	0.2 mo	16.6 mo	P10P90	Bottom quarter
Liabilities to assets Total liabilities / total assets · lower is better	12.0%	10.6%	P10P90	Below median
Revenue concentration Share of revenue from the largest source · lower is better	102.2%	74.5%	P10P90	Bottom quarter
Revenue growth Year over year revenue growth	54.6%	7.9%	P10P90
Expense growth Year over year expense growth	54.6%	8.0%	P10P90
Surplus margin Surplus as a share of revenue	0.0%	-0.5%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %
2024	$2.4M	$2.4M	$35K	100.0%
2023	$1.5M	$1.5M	$35K	100.0%
2022	$1.5M	$1.5M	$35K	100.0%
2021	$1.1M	$1.1M	N/A	—

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Organization Details

EIN: 36-3189061
State: IL
City: AURORA
ZIP: 60506-4161
Classification: A610
Category: Arts, Culture & Humanities
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1965
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

A pillar with no data counts as zero. Without impact metrics the score is capped at 59 (three stars): only the charity can supply that data.
The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
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"Compared with peers" places the charity's key ratios against organizations of the same country, sector and size.

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