2024-01-29T08:22:17-06:00 2023-03-31 752570775 Borden Duffel PC 226 South Leggett Dr Abilene TX 79605 990 2022-04-01 061672774 Historic Paramount Theatre Inc HIST 352 Cypress Street Abilene TX 79601 George P Levesque Executive Director 3256769620 2024-01-12 true George P Levesque XXX-XX-XXXX true Sharmon L Daley CPA P00541889 3256731040 2024-01-12 2022 2023-04-26 12:10:37Z George Levesque 352 Cypress St Abilene TX 79601 1350667 false X paramount-abilene.org X 2002 TX The mission is to manage and preserve the Historic Paramount Theatre so that it might benefit the citizens of Abilene and the surrounding areas. 17 17 60 25 0 683245 569153 288641 765976 143 13664 962 1169 972991 1349962 0 0 443447 535730 0 7745 307605 564106 751052 1099836 221939 250126 869981 1183954 20957 91945 849024 1092009 Manage and preserve the Historic Paramount Theatre so that it might benefit the citizens of Abilene and the surrounding areas. false false 964142 779072 Manage and preserve the Historic Paramount Theatre so that it might 964142 true true false false false false false false true true false false true true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 10 0 true 60 true false false false false false false false false false false false false false false false false false X 17 17 false false false false false false false true false false false true true true true true true true false false X George P Levesque 3256769620 352 Cypress St Abilene TX 79601 L Doty Chair 2 0 X X 0 0 0 J Duncan Chair Elect 1 0 X X 0 0 0 S Stovall Treasurer 2 0 X X 0 0 0 S Harper Secretary 2 0 X X 0 0 0 M Mercer Past Chair 1 0 X X 0 0 0 T Graves Director 1 0 X 0 0 0 E Greenlee Director 1 0 X 0 0 0 T Gutierrez Director 1 0 X 0 0 0 C Hatcher Director 1 0 X 0 0 0 M Hunt Director 1 0 X 0 0 0 A Kasselman Director 1 0 X 0 0 0 J Lester Director 1 0 X 0 0 0 F McMillan Director 1 0 X 0 0 0 O Ortiz Director 1 0 X 0 0 0 A Schlagel Director 1 0 X 0 0 0 R Sutphen Director 1 0 X 0 0 0 L Wilkinson Director 1 0 X 0 0 0 G Levesque Ex Director 40 0 103855 0 0 103855 0 false false false None 0 569153 1000 569153 Theatre Rental 711110 254284 254284 Theatre Productions 711110 266905 266905 Movie Ticket Sales 711110 58149 58149 Concession Stand 711110 186638 186638 765976 1737 1737 12632 705 11927 11927 11927 0 Miscellaneous 711110 1169 1169 1169 1349962 779072 1737 104728 83783 15709 5236 312221 286811 24088 1322 19689 17523 1969 197 66742 50724 15351 667 32350 28145 3882 323 8290 8290 8227 8227 125670 113558 12112 2265 2265 44928 35943 8985 13795 13795 Movie/Prodctn/Rental Exp 265873 265873 Operating Exp & Supplies 60521 23429 37092 Dues & Subscriptions 32968 32968 Miscellaneous Expenses 1569 1098 471 1099836 964142 127949 7745 346734 395502 10305 27337 54168 29390 858366 367405 255304 490961 203470 240764 869981 1183954 5331 7609 15626 62272 22064 20957 91945 X 561004 801949 288020 290060 849024 1092009 869981 1183954 X 250126 1000 -8141 X false true X true false X 0 0 263922 283553 351733 683245 569153 2151606 361654 407789 140721 288641 765976 1964781 625576 691342 492454 971886 1335129 4116387 4116387 794 673 193 143 1737 3540 794 673 193 143 1737 3540 380 961 195 962 1169 3667 626750 692976 492842 972991 1338035 4123594 0.99830 0.99850 0.00090 0.00050 X Part III, Section B, Line 12 Other Income Amount represents gift card activation fees. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 203470 25300 -6298 1843 220629 146079 55150 3970 1729 203470 103494 200 43421 1036 146079 8559 106200 -10295 970 103494 8498 124 63 8559 1.00000 true false 345354 55963 289391 414898 258273 156625 98114 53169 44945 490961 Operating Lease Right-of-Use Asset 20135 Paramount Theatre Memorial Fund - Community Foundation 23692 Paramount Theatre Reserve Fund - Community Foundation 196937 240764 Operating Lease Liability 22064 22064 1342821 1000 1000 1341821 8141 8141 1349962 1099836 1099836 1099836 Schedule D, Part V, Line 4 The endowment funds will be used to provide organizational s Schedule D, Part X, Line 2 For the year ended March 31, 2023, management has determined that there are no material uncertain tax positions. Schedule D, Part XI, Line 4b Other Amount represents decrease in Beneficial Interest in Assets Held by Others. Form 990, Part VI, Line 11b A copy of the Form 990 was presented to the Board of Directors prior to submission. Form 990, Part VI, Line 12c Every Board member is required to submit a signed conflict of interest statement to be reviewed for potential conflicts. Form 990, Part VI, Line 15a Compensation is reviewed by the Board of Directors annually. form 990, Part VI, Line 10 Each year the Paramount has an independent audit that is presented to the Board for approval. Governing documents are held at 352 Cypress St., Abilene,TX. Available upon request. Form 990, Part XI, Line 9 Amount represents decrease in Beneficial Interest in Assets Held by Others.