Amherst Cinema Arts Center Inc
- Assets
- $3.1m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 29
- Location
- Amherst, MA
- Founding
- 04/2000
- Data as of
- 12/2022
- EIN
- 04-3456950
Organization Overview
Amherst Cinema Arts Center Inc is located in Amherst, MA. The organization was established in 2000. According to its NTEE Classification (A19) the organization is classified as: Support N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Amherst Cinema Arts Center Inc employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Amherst Cinema Arts Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Amherst Cinema Arts Center Inc generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE CULTURAL ARTS FILM CENTERS AND PERFORMANCE VENUES IN AMHERST, MA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATED CULTURAL ARTS FILM AND PERFORMANCE VENUES IN AMHERST, MASSACHUSETTS AND SERVED AS A CULTURAL AND EDUCATIONAL RESOURCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yasmin Eisenhauer Executive Dir., V.P. & Clerk | Officer | 40 | $100,170 |
Barton Byg Chair & President | OfficerTrustee | 1 | $0 |
John Nunnelly Vice President & Treasurer | OfficerTrustee | 1 | $0 |
Minh Ly Vice President | OfficerTrustee | 1 | $0 |
Barbara J Lucey V.P. & Treasurer "past" | Trustee | 1 | $0 |
Deborah Christakos Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $215,200 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $103,021 |
| All other contributions, gifts, grants, and similar amounts not included above | $200,449 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $518,670 |
| Total Program Service Revenue | $598,201 |
| Investment income | $4,248 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,121,119 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $94,500 |
| Compensation of current officers, directors, key employees. | $47,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $510,363 |
| Pension plan accruals and contributions | $21,467 |
| Other employee benefits | $48,331 |
| Payroll taxes | $46,085 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $41,953 |
| Fees for services: Accounting | $18,813 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $88,012 |
| Advertising and promotion | $2,244 |
| Office expenses | $0 |
| Information technology | $19,075 |
| Royalties | $0 |
| Occupancy | $72,930 |
| Travel | $4,888 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $95,167 |
| Insurance | $20,874 |
| All other expenses | $53,338 |
| Total functional expenses | $1,438,773 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $172,067 |
| Savings and temporary cash investments | $1,421,896 |
| Pledges and grants receivable | $30,000 |
| Accounts receivable, net | $60,328 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $19,905 |
| Net Land, buildings, and equipment | $1,394,560 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,098,756 |
| Accounts payable and accrued expenses | $82,265 |
| Grants payable | $0 |
| Deferred revenue | $92,258 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $174,523 |
| Net assets without donor restrictions | $2,869,233 |
| Net assets with donor restrictions | $55,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,098,756 |