2025-05-12T15:07:59-05:00 2024-06-30 582487348 Aprio Advisory Group LLC 2185 N California Blvd Suite 350 Walnut Creek CA 94596 990 2023-07-01 942301832 Paramount Theatre of the Arts Inc PARA 5108932300 2025 Broadway Oakland CA 94612 Ray Leon Chairperson 5108932300 2025-05-09 1 1 Stacy Cullen P00974308 9252102180 2025-05-09 2023 2025-03-06 01:10:19Z Ray Leon 2025 Broadway Oakland CA 94612 9884528 0 X www.paramounttheatre.com X Non-Profit 1975 CA To operate and manage Paramount Theatre of the Arts, a historic California landmark. 9 9 127 46 0 0 23183 51041 3785459 3964428 194889 202429 0 0 4003531 4217898 0 0 0 0 1242330 1170703 0 0 0 2609018 2510402 3851348 3681105 152183 536793 15623367 15406799 2904344 1773005 12719023 13633794 To operate and manage Paramount Theatre of the Arts, a historic Oakland California Landmark. 0 0 3331928 3964428 Paramount Theatre of the Arts, Inc. managed and operated the facility for the city of Oakland, providing a professionally operated facility for the production of events for the fiscal year ended 6/30/24, including concerts and Oakland Ballet. 3331928 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 28 0 1 127 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X Jason Blackwell 5108932300 2025 Broadway Oakland CA 94612 X Thomas Hart Director 0.00 X X 0 0 0 Ray Leon Director 0.00 X X 0 0 0 Jennifer Mullin Director 0.00 X X 0 0 0 Richard Dellefave Director 0.00 X 0 0 0 Merlin Edwards Director 0.00 X 0 0 0 Margaret Grover Director 0.00 X 0 0 0 David P Johnson Director 0.00 X 0 0 0 Clinton O Killian Director 0.00 X 0 0 0 Leslie Littleton Director 0.00 X 0 0 0 Jason Blackwell General Manager 40.00 X 150096 0 12864 150096 0 12864 1 0 1 0 Union Payroll 5430 Park Drive Rocklin CA 95765 Stage hands, building maintenance 2004446 Pankow Builders 199 S Los Robles Avenue Suite 300 Pasadena CA 91101 Contractor/Architect services 1251767 LVH Entertainment Systems 530 Los Angeles Avenue Suite 115-1 Moorpark CA 93021 Construction 816414 Sound Image Inc 2425 Auto Park Way Escondido CA 92029 Sound system equipment and installation 597663 Mr G's Professional Cleaning Service 6050 Dimm Way Richmond VA 94805 Janitor, Porter, Barback services 198798 5 51041 51041 Event Services 711190 2402929 2402929 Theatre, Box Office, and Equipmen 711190 634877 634877 Beverage and Food Sales 711190 440272 440272 Ticket Surcharges 711190 412236 412236 Concessions and Tours 711190 74114 74114 3964428 157269 157269 5703627 8163 5666630 0 36997 8163 45160 45160 4217898 3964428 0 202429 X 162960 148498 14462 834513 760456 74057 93901 86674 7227 79329 72437 6892 39986 39986 25377 25377 1642609 1598536 44073 153833 153833 3917 3917 619 619 286256 286256 34902 6620 28282 Supplies 132028 124782 7246 Telephone 25788 23209 2579 Payroll Service Charge 23216 11608 11608 Staff Development 16689 16689 125182 59019 66163 3681105 3331928 349177 0 3399902 2354196 497952 29150 54157 36609 30677 16744 11069029 2187558 6138722 8881471 5340388 3997251 161569 91378 15623367 15406799 2407624 1274633 270377 317657 226343 180715 2904344 1773005 X 12717724 13632495 1299 1299 12719023 13633794 15623367 15406799 536793 377978 0 X X 0 1 X 0 0 X 169363 2113705 1981812 23183 51041 4339104 3053618 28685 2800424 3785459 3964428 13632614 3222981 2142390 4782236 3808642 4015469 17971718 0 1867039 1867039 1867039 1867039 16104679 167481 149786 202655 119041 131892 770855 167481 149786 202655 119041 131892 770855 3390462 2292176 4984891 3927683 4147361 18742573 0.85930 0.95410 0.04110 0.04590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3170490 863991 403873 3510472 927882 3824966 595948 167785 -1418209 3170490 4441178 596099 -834974 -377337 3824966 4648095 36863 1047738 -1291518 4441178 6391419 541387 -329035 -1955676 4648095 0 0 10368007 1850225 8517782 701022 337333 363689 8881471 Deposits and Rebates 114099 Current Portion of Lease Liability 66616 180715 X 5057666 377978 487167 865145 4192521 25377 25377 4217898 4142895 487167 487167 3655728 25377 25377 3681105 Part X, Line 2: The Theatre has received notification that it qualifies as a tax-exempt organization under Section 501(c)(3) of the U.S. Internal Revenue Code and corresponding provisions of California Revenue and Taxation Code, and accordingly, is not subject to federal or state income taxes. Accordingly, no provision for federal income taxes is required. The Theatre applies the guidance on accounting for uncertain tax provisions in FASB ASC 740 Income Taxes. The Theatre is no longer subject to income tax examinations for tax years up to and including 2021. Part XI, Line 2d - Other Adjustments: Cost of Sales 487,167. Part XII, Line 2d - Other Adjustments: Cost of Sales 487,167. X X X 0 0 0 0 0 0 0 0 0 Jason Blackwell General Manager 150096 0 0 0 0 0 0 0 12864 0 162960 0 0 0 Form 990, Part VI, Section B, line 11b Paramount Threatre of the Arts' Board of Directors reviews the Form 990 in detail prior to filing the return. Form 990, Part VI, Section B, line 12c The policy was adopted by the Board for the fiscal year ending June 30, 2010 and procedures to monitor and enforce compliance have been developed. Form 990, Part VI, Section B, line 15 The Executive Compensation Policy was adopted by the Board during the fiscal year ending June 30, 2010. The Policy includes a yearly evaluation of the general manager's performance and a competent salary survey as a basis for compensation discussions. A committee of the Board will meet independent of the manager to discuss performance relative to the position description. A similar discussion will be held by the committee concerning compensation. The committee will make its recommendation to the Board. The full Board will consider the recommendations in executive session. The committee or the Board Chair will then meet with the general manager to discuss and document the evaluation and goals for the upcoming year. Compensation for the upcoming year will also be discussed and documented. Form 990, Part VI, Section C, line 19 Documents are available upon request. Form 990, Part IX, line 11g Booking Bonus: Program service expenses 131,173. Management and general expenses 0. Fundraising expenses 0. Total expenses 131,173. Equipment Rental: Program service expenses 202,249. Management and general expenses 44,073. Fundraising expenses 0. Total expenses 246,322. Event Misc. Expense: Program service expenses 169,791. Management and general expenses 0. Fundraising expenses 0. Total expenses 169,791. Outside Services: Program service expenses 1,095,323. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,095,323. Form 990, Part XII, Line 2C There has been no change from the prior year with respect to review by the audit committEe of the financial statements.