Akron Creative Inc
- Assets
- $469.9k
- Revenue
- $455.1k
- Investments
- $0.0
- Employees
- 7
- Location
- Akron, OH
- Founding
- 11/2007
- Data as of
- 12/2021
- EIN
- 26-0855272
Organization Overview
Akron Creative Inc, operating under the name The Nightlight Cinema, is located in Akron, OH. The organization was established in 2007. 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 12/2021, Nightlight Cinema employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nightlight Cinema 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 12/2021, Nightlight Cinema generated $455.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $336.1k during the year ending 12/2021. While expenses have increased by 11.0% per year over the past 5 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO ADVANCE CINEMA AND COMMUNITY IN TANDEM. THIS IS ACCOMPLISHED THROUGH THE EXHIBITION OF FOREIGN FILMS INDEPENDENTLY PRODUCED FILMS AND ART FILMS WHICH WOULD NOT OTHERWISE BE AVAILABLE TO THE COMMUNITY THROUGH COMMERCIAL OUTLETS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN JUNE OF 2021 THE NIGHTLIGHT CINEMA RE-OPENED ITS PHYSICAL SPACE TO THE PUBLIC AFTER AN EXTENDED IN-THEATER CLOSURE DUE TO COVID-19. THE CINEMA REMAINED AT LIMITED CAPACITY THROUGHOUT 2021 IN ACCORDANCE WITH CDC AND COMMUNITY OFFICIAL GUIDANCE. WE HAVE CONTINUED TO BRING TOP TIER CINEMA TO AKRON AND THE NIGHTLIGHT WAS ABLE TO KEEP BRINGING FILMS TO THE COMMUNITY THROUGH A VARIETY OF AVENUES INCLUDING OUTDOOR SCREENINGS ONLINE AND IN THEATER SCREENINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jenn Kidd Executive Director | Officer | 40 | $49,338 |
Brittany Dobish Artistic Director | Officer | 40 | $43,911 |
Matthew Wachter Trustee Interim Executive Director | Trustee | 10 | $6,000 |
Richard Honeck Trustee | Trustee | 1 | $0 |
Michael Mckeon Trustee | Trustee | 1 | $0 |
Miriam Bennett Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,499 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $133,983 |
| All other contributions, gifts, grants, and similar amounts not included above | $229,198 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $369,680 |
| Total Program Service Revenue | $67,099 |
| Investment income | $0 |
| 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 | $18,355 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $455,134 |
| 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. | $99,249 |
| Compensation of current officers, directors, key employees. | $9,925 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $72,997 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,272 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,921 |
| Office expenses | $6,544 |
| Information technology | $15,238 |
| Royalties | $32,978 |
| Occupancy | $29,595 |
| 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 | $28,882 |
| Insurance | $2,935 |
| All other expenses | $0 |
| Total functional expenses | $336,123 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $309,438 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $207 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,838 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $150,434 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $469,917 |
| Accounts payable and accrued expenses | $6,112 |
| 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 | $6,112 |
| Net assets without donor restrictions | $343,492 |
| Net assets with donor restrictions | $120,313 |
| 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 | $469,917 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Akron Creative Inc has recieved totaling $24,005.
| Awarding Organization | Amount |
|---|---|
Akron Community Foundation Akron, OH PURPOSE: FOR OPERATING SUPPORT TO EXHIBIT INDEPENDENT AND INTERNATIONAL CINEMA IN DOWNTOWN AKRON | $14,050 |
Logsdon Family Foundation Medina, OH PURPOSE: GENERAL SUPPORT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Yelp Foundation San Francisco, CA PURPOSE: MATCHING CONTRIBUTION MADE BY EMPLOYEE OF YELP, INC. | -$50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alcohol And Drug Abuse Services Inc Port Allegany, PA | $3,920,999 | $4,354,797 |
Free To Choose Network Erie, PA | $2,875,719 | $4,682,369 |
Philadelphia Film Society Philadelphia, PA | $7,572,689 | $2,864,072 |
Bryn Mawr Theater Film Institute Bryn Mawr, PA | $12,709,344 | $3,401,404 |
Compass College Of Cinematic Arts Grand Rapids, MI | $3,507,072 | $2,237,084 |
Cleveland International Film Festival Inc Cleveland, OH | $2,929,525 | $2,420,704 |
Gateway Film Foundation Columbus, OH | $1,594,536 | $2,565,207 |
The Scribe Video Center Inc Philadelphia, PA | $2,570,357 | $1,723,982 |
County Theater Inc Doylestown, PA | $8,646,433 | $1,369,542 |
Film Pittsburgh Pittsburgh, PA | $619,123 | $702,482 |
Indianapolis Film Project Inc Indianapolis, IN | $6,275,341 | $997,400 |
Traverse City Film Festival Traverse City, MI | $3,356,607 | $1,206,308 |