Cinestudio Inc
- Assets
- $689.3k
- Revenue
- $303.4k
- Investments
- $0.0
- Employees
- 5
- Location
- Hartford, CT
- Founding
- 03/2002
- Data as of
- 06/2022
- EIN
- 26-0042514
Organization Overview
Cinestudio Inc is located in Hartford, CT. The organization was established in 2002. According to its NTEE Classification (A31) the organization is classified as: Film & Video, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Cinestudio Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cinestudio 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 06/2022, Cinestudio Inc generated $303.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $245.2k during the year ending 06/2022. While expenses have increased by 1.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CELEBRATE FILM AS ART AND TO PROVIDE DIVERSE AUDIENCES AN ECLECTIC MIX OF THE WORLD'S BEST CINEMA EXPERIENCES, PRESENTED AT THE HIGHEST TECHNICAL LEVEL IN A CLASSIC MOVIE PALACE-LIKE SETTING.
Describe the Organization's Program Activity:
CINESTUDIO PROVIDES NEW ENGLAND, AND ESPECIALLY HARTFORD, WITH UNIQUE FILMS THAT ARE OFTEN UNAVAILABLE TO THE GENERAL PUBLIC OUTSIDE OF LARGER METROPOLITAN AREAS: INDEPENDENT MOVIES, CLASSIC AMERICAN CINEMA, AND FOREIGN LANGUAGE FILMS THAT PROVIDE AUDIENCES EXPOSURE TO A WIDE VARIETY OF WORLD CULTURES. STAFF AND VOLUNTEERS HAVE INPUT WITH RESPECT TO WHAT FILMS ARE CHOSEN. THESE FILMS EXPOSE THE PUBLIC TO THE ART OF CINEMA, AT A REASONABLE COST, WITH THE OBJECTIVES TO ENTERTAIN, EDUCATE, INSPIRE, PROVOKE AND TRANSFORM. CINESTUDIO RUNS YEAR-ROUND, SEVEN DAYS A WEEK, AND KEEPS THE PUBLIC INFORMED ABOUT ITS SCHEDULE THROUGH OCCASIONAL MAILINGS, A WEBSITE, A FILM HOTLINE, SOCIAL MEDIA CHANNELS, AND POSTERS. ONE OF CINESTUDIO'S LONG-TIME COMMITMENTS IS TO SHOW FILMS IN THE BEST TECHNOLOGICAL FORMAT AVAILABLE, PROVIDING BOTH A HISTORICALLY ACCURATE PRESENTATION OF FILMS THAT DATE BACK TO THE EARLY 20TH CENTURY AS WELL AS HAVING THE ABILITY TO SHOW CUTTING-EDGE, INDEPENDENT FILMS. VERY FEW COMMERCIAL THEATERS HAVE THE EQUIPMENT TO SHOW OLDER 35MM AND 70MM FILMS IN THEIR ORIGINAL FORMATS. IN 2011, CINESTUDIO PURCHASED A STATE-OF-THE-ART DIGITAL PROJECTION SYSTEM, WHICH ALLOWS IT TO CONTINUE TO PRESENT CINEMA IN NEW FORMATS TO THE NEXT GENERATION OF FILMGOERS.CINESTUDIO PLAYS HOST TO SEVERAL FILM FESTIVALS AND SPECIAL EVENT SCREENINGS EACH YEAR. THESE EVENTS HAVE INCLUDED FRENCH, ITALIAN, AND LGBTQ+ FILM FESTIVALS. THE ANNUAL TRINITY FILM FESTIVAL FEATURES SHORT FILMS MADE BY BOTH U.S. AND INTERNATIONAL STUDENTS. THESE PROGRAMS ARE OFTEN DEVELOPED WITH OTHER NONPROFIT ORGANIZATIONS, INCLUDING OUT FILM CT, AND THE ALLIANCE FRANAISE.CINESTUDIO HAS BROADENED ITS PROGRAMMING TO BRING TO HARTFORD LIVE BROADCASTS OF THEATER, BALLET, AND FINE ART EXHIBITIONS. EXPENSES $170,670.
REFURBISHMENT OF LOBBY LIGHTING. $30,004
LESS REFURBISHMENT OF LOBBY LIGHTING, WHICH IS CAPITALIZED.$30,004
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Mcmorris Creative Dir. | Officer | 10 | $70,417 |
Lew Michaels Executive Dir. | Officer | 40 | $24,991 |
Helda Mira To 42022 Vice Chair | OfficerTrustee | 1 | $0 |
John Michael Mason Chair | OfficerTrustee | 2 | $0 |
Milla Riggio Vice Chair | OfficerTrustee | 1 | $0 |
Linda Torres Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $116,927 |
| All other contributions, gifts, grants, and similar amounts not included above | $132,225 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $249,152 |
| Total Program Service Revenue | $54,275 |
| Investment income | $10 |
| 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 | $303,437 |
| 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. | $129,241 |
| Compensation of current officers, directors, key employees. | $29,098 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,601 |
| Pension plan accruals and contributions | $3,636 |
| Other employee benefits | $0 |
| Payroll taxes | $13,091 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,210 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $680 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,250 |
| Advertising and promotion | $341 |
| Office expenses | $637 |
| Information technology | $778 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $27,065 |
| Insurance | $2,059 |
| All other expenses | $9,805 |
| Total functional expenses | $245,195 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,275 |
| Savings and temporary cash investments | $93,259 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $309,453 |
| Investments—publicly traded securities | $1,257 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $211,024 |
| Total assets | $689,268 |
| Accounts payable and accrued expenses | $5,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $5,000 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $684,268 |
| Total liabilities and net assets/fund balances | $689,268 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cinestudio Inc has recieved totaling $4,500.
| Awarding Organization | Amount |
|---|---|
Edward C And Ann T Roberts Foundation Inc West Hartford, CT PURPOSE: FUNDING TO SUPPORT THE AFRICAN AMERICAN FILM DIRECTORS SERIES | $4,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Film At Lincoln Center Inc New York, NY | $47,336,422 | $12,793,835 |
Women Make Movies Inc New York, NY | $4,051,785 | $9,688,918 |
The Independent Feature Project Inc Brooklyn, NY | $3,453,615 | $7,239,136 |
Jacob Burns Film Center Inc Pleasantville, NY | $56,622,968 | $8,221,632 |
Ghetto Film School Inc Bronx, NY | $4,789,477 | $7,574,668 |
Cinereach Ltd New York, NY | $8,475,346 | -$20,278 |
American Documentary Inc Brooklyn, NY | $4,468,317 | $5,634,331 |
Center For Independent Documentary Inc Newton, MA | $4,612,024 | $5,515,136 |
Film Forum Inc New York, NY | $19,050,321 | $4,468,920 |
Harmony Labs Inc New York, NY | $1,442,508 | $4,578,656 |
Tribeca Film Institute Inc New York, NY | $183,631 | $2,652,875 |
Rooftop Films Inc Brooklyn, NY | $775,387 | $2,563,788 |