Scoa Inc
- Assets
- $1.3m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 16
- Location
- Southampton, NY
- Founding
- 11/2013
- Data as of
- 12/2022
- EIN
- 45-2703101
Organization Overview
Scoa Inc is located in Southampton, NY. The organization was established in 2013. According to its NTEE Classification (A84) the organization is classified as: Commemorative Events, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Scoa Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Scoa 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, Scoa Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 8.3% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A DYNAMIC VENUE TO PRESENT COMPELLING PROGRAMMING TO OUR ENTIRE COMMUNITY THROUGH PARTNERSHIPS WITH A DIVERSE SLATE OF WORLD-CLASS ARTISTS, PERFORMERS, EDUCATORS AND CULTURAL INSITUTIONS ENHANCING THE VITALITY OF OUR LOCAL COMMUNITY. TO RESTORE AND RENOVATE THE HISTORIC CENTER AND SERVE AS A HUB TO STRENGHTHEN ARTS AND CULTURE IN THE SOUTHAMPTON VILLAGE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A DYNAMIC VENUE TO PRESENT COMPELLING PROGRAMMING TO OUR ENTIRE COMMUNITY THROUGH PARTNERSHIPS WITH A DIVERSE SLATE OF WORLD-CLASS ARTISTS, PERFORMERS, EDUCATORS AND CULTURAL INSITUTIONS ENHANCING THE VITALITY OF OUR LOCAL COMMUNITY. TO RESTORE AND RENOVATE THE HISTORIC CENTER AND SERVE AS A HUB TO STRENGHTHEN ARTS AND CULTURE IN THE SOUTHAMPTON VILLAGE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Dunn Executive Director | 40 | $115,615 | |
Joseph L Diamond General Manager | 40 | $110,385 | |
Roberta Amon Director | Trustee | 1 | $0 |
Elyn Kronemeyer Co-Chair | OfficerTrustee | 2 | $0 |
Paula Viscogliosi Director | Trustee | 1 | $0 |
Aima Raza Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $704,700 |
| Related organizations | $0 |
| Government grants | $17,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $511,114 |
| Noncash contributions included in lines 1a–1f | $19,582 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,232,814 |
| Total Program Service Revenue | $186,907 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $113,097 |
| Net Gain/Loss on Asset Sales | -$1,233 |
| Net Income from Fundraising Events | -$278,307 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$5,189 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,248,127 |
| 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. | $226,000 |
| Compensation of current officers, directors, key employees. | $39,943 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $348,694 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $35,530 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $80,052 |
| Advertising and promotion | $96,015 |
| Office expenses | $72,717 |
| Information technology | $0 |
| 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 | $5,090 |
| Interest | $5,315 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $47,488 |
| Insurance | $40,481 |
| All other expenses | $0 |
| Total functional expenses | $1,380,473 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $602,461 |
| Savings and temporary cash investments | $365 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $164,538 |
| 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 | $21,852 |
| Net Land, buildings, and equipment | $547,727 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,336,943 |
| Accounts payable and accrued expenses | $63,769 |
| 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 | $143,260 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $207,029 |
| Net assets without donor restrictions | $1,076,090 |
| Net assets with donor restrictions | $53,824 |
| 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 | $1,336,943 |