Living Arts Trust Inc

Organization Overview

Living Arts Trust Inc, operating under the name O Cinema, is located in Miami, FL. The organization was established in 2009. 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 12/2022, O Cinema employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. O 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 12/2022, O Cinema generated $413.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.9%) each year. All expenses for the organization totaled $477.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

O CINEMA EMPOWERS, NURTURES AND SUPPORTS THE DEVELOPMENT OF NEW ARTS AND CULTURAL WORK AND TO PRESENT THOSE WORKS TO THE PUBLIC WITH AN EMPHASIS ON FILM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

O CINEMA BRINGS A BREADTH OF FILM PROGRAMMING THAT NO OTHER CINEMA IN MIAMI-DADE COUNTY CAN. O CINEMA PRESENTS A WIDE RANGE OF WORKSHOPS, ART INSTALLATIONS, FESTIVALS IN ADDITION TO REGULAR FILM SCREENINGS. O CINEMA IS COMMITTED TO CREATING A COMMUNITY OF FILM GOERS INTERESTED IN THE APPRECIATION AND EXAMINATION OF THE GREAT POPULAR ART FORM OF OUR LIFETIME, AS WELL AS PROVIDING A VENUE FOR PROGRESSIVE IDEAS THAT WOULD OTHERWISE NOT BE HEARD IN MIAMI-DADE COUNTY


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Board, Officers & Key Employees

Name (title)Compensation
Vivian Marthell
Co-Director/treasurer
$67,447
Kareem Tabsch
Co-Director/secretary
$0
Heather Maloney
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$4,495
Fundraising events$0
Related organizations$0
Government grants $271,886
All other contributions, gifts, grants, and similar amounts not included above$18,323
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$294,704
Total Program Service Revenue$81,450
Investment income $1,912
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $35,667
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 $413,733

Peer Organizations

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