Dayton Movies, operating under the name The Neon, is located in Dayton, OH. The organization was established in 2019. 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 12/2023, Neon employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neon 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 12/2023, Neon generated $720.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $577.1k during the year ending 12/2023. While expenses have increased by 1.2% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE NEON IS A COMMUNITY-DRIVEN CINEMA WHERE MULTICULTURALISM IS REVERED, CIVIC-MINDED MISSIONS ARE IMPLEMENTED, AND REGIONAL ARTISTS ARE CELEBRATED - ALL THROUGH THE SHARED EXPERIENCE OF WATCHING FILMS FROM AROUND THE WORLD AND OUR OWN BACKYARD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BOX OFFICE- IN 2023, THE NEON MOVIE THEATER SOLD 40,000 TICKETS TO IN-PERSON SCREENINGS OF OVER 70 DIFFERENT FIRST RUN FILMS, OPERATING 365 DAYS A YEAR. THESE WERE INDEPENDENT, INTERNATIONAL, AND DOCUMENTARY FILMS. THE NOTABLE QUALITY OF PROGRAMMING WAS AFFIRMED BY NUMEROUS OSCAR NOMINATIONS AND AWARDS. HIGH QUALITY VIEWING EXPERIENCE IS PARAMOUNT, PROVIDING STATE OF THE ART LASER PROJECTION AND SURROUND SOUND, UPGRADED SEATING, LOW AUDIENCE DISRUPTION, AND ASSISTED DEVICES (CLOSED CAPTIONING, NARRATIVE DESCRIPTION, HEARING IMPAIRED). TICKET PRICES OFFERED FOR MATINEE, SENIOR, AND EVENING GENERAL ADMISSION ARE LOWER THAN TYPICAL FOR THE DAYTON AREA. NEON MEMBERS RECEIVE $2 OFF GENERAL ADMISSION PRICE. FOR EACH TICKET PURCHASED TO A TRADITIONAL IN-PERSON ENGAGEMENT, A LARGE % ROYALTY WAS PAID TO THE FILM DISTRIBUTION COMPANY, A 2.5% COMMISSION WAS PAID TO AN INDEPENDENT FILM BOOKING AGENT, AND A DOWNLOADING OR SHIPPING COST WAS INCURRED FOR THE DELIVERY OF THE DIGITAL FILM CONTENT.
CONCESSIONS- IN 2023, THE THEATER'S CONCESSION AREA CONTINUED TO INCLUDE A UNIQUE VARIETY OF REFRESHMENTS THAT FEATURE LOCALLY MADE FAVORITES ALONG SIDE MOVIE CLASSICS. FULL MONDAY-SUNDAY LIQUOR LICENSE AND ESPRESSO BAR HELP SUPPORT THE HOSPITALITY NEEDS OF THE NEON'S COMMUNITY PARTNERED SCREENINGS AND SPECIAL EVENTS. FRESHLY MADE POPCORN, MOVIE CANDY, AND SOFT DRINKS ARE AVAILABLE AT THE LOWEST THEATER PRICES IN TOWN. FEATURED LOCAL OFFERINGS INCLUDE GOURMET COFFEE, CRAFT BEER, SMALL BATCH VODKA, CHOCOLATES, VEGAN COOKIES, AND BISCOTTI. COST OF GOODS INCREASED DRASTICALLY IN 2023, DECREASING THE OVERALL PROFIT MARGIN DESPITE HAVING IMPLEMENTED MODEST PRICE INCREASES.
COMMUNITY PARTNERED SCREENINGS- IN 2023, THE NEON HOSTED MORE THAN 100 SPECIAL EVENT SCREENINGS INCLUDING OHIO PREMIERES FOR MORE THAN 40 FILMMAKERS. A NUMBER OF FILM FESTIVALS WERE HOSTED INCLUDING THE DAYTON INDEPENDENT FILM FESTIVAL, DAYTON JEWISH FILM FESTIVAL, OUT HERE DAYTON (LGBTQIA+) FILM FESTIVAL, SUMMER FAMILY FILM FEST, FAMILY HOLIDAY FILM SERIES, LUNAFEST, TRAIL RUNNING FILM FESTIVAL, AND PADDLING FILM FESTIVAL. "CULT MOVIE MONDAYS" LAUNCHED AND BROUGHT IN UNDERGROUND, FRINGE OR CULT CLASSIC CINEMA. MANY EVENTS AND FESTIVALS INCLUDED ENGAGING Q&A'S WITH LOCAL AND VISITING ARTISTS, ACEDEMICS, CELEBRITIES, AND HISTORIANS. 260 TEENAGERS ATTENDED A FREE MOVIE AS PART OF THE ANNUAL MLK DAY CELEBRATION. OVER 560 CHILDREN AND THEIR FAMILIES ATTENDED FREE SCREENINGS OF PBS KIDS PROGRAMMING. ON SUNDAYS, THE THEATER CONTINUED TO HOST A NON-DENOMINATIONAL, INCLUSIVE WORSHIP SERVICE UTILIZING DIGITAL MEDIA ON THE BIG SCREEN. PARTNERS THROUGHOUT THE YEAR INCLUDED THE DAYTON METRO LIBRARY, PBS THINKTV, THE DAYTON ART INSTITUTE, THE JUNIOR LEAGUERS OF DAYTON, MUSE MACHINE, UNIVERSITY OF DAYTON, THEATRE LAB, PRESCHOOL PROMISE, THE MIAMI VALLEY SCHOOL, THE DAYTON LATVIAN COMMUNITY, FI YU DOJO, SCRIPTED IN BLACK, SUNLIGHT VILLAGE, THE JEWISH FEDERATION OF GREATER DAYTON, WRIGHT STATE UNIVERSITY, AND MANY MORE. COSTS INCURRED BY PARTNERS INCLUDE FULL USE OF THEATER FACILITIES AND CAPABLITIES INCLUDING STATE OF THE ART LASER PROJECTORS, SURROUND SOUND AND PA SYSTEM WITH MICROPHONES, SPOT LIGHTING, MULTIMEDIA OPTIONS WITH DEDICATED INTERNET, DIGITAL CONTENT REVIEW/CONVERSION (SCREEN TEST, SOUND CHECK, AND TROUBLESHOOTING), WEBSITE AND SOCIAL MEDIA PROMOTION, OUTDOOR PATIO AND INDOOR LOBBY/RECEPTION AREA, TICKET HANDLING (IN PERSON AND ONLINE SALES, RESERVED SEATING, CASH/CREDIT OPTION, CHECK-INS), GROUP RATE REFRESHMENTS, AND FULLY STAFFED CONCESSION STAND.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steven Budd Board Chairman | Trustee | 5 | $0 |
Paul Woodie Vice Chairman | Trustee | 2 | $0 |
Ann Schenking Trustee | Trustee | 2 | $0 |
Steve Nutt Trustee | Trustee | 1 | $0 |
Mark Shaker Secretary | Trustee | 1 | $0 |
Susan Strong Treasurer | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $11,846 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $17,534 |
All other contributions, gifts, grants, and similar amounts not included above | $106,241 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $135,621 |
Total Program Service Revenue | $584,603 |
Investment income | $143 |
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 | $720,467 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $195,913 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $11,347 |
Payroll taxes | $16,553 |
Fees for services: Management | $0 |
Fees for services: Legal | $400 |
Fees for services: Accounting | $2,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $8,886 |
Advertising and promotion | $5,013 |
Office expenses | $5,259 |
Information technology | $338 |
Royalties | $148,344 |
Occupancy | $34,848 |
Travel | $2,449 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $654 |
Interest | $3,490 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $27,662 |
Insurance | $12,356 |
All other expenses | $15,953 |
Total functional expenses | $577,110 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $104,611 |
Savings and temporary cash investments | $576,353 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $9,883 |
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 | $2,422 |
Net Land, buildings, and equipment | $220,629 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $50,507 |
Total assets | $964,405 |
Accounts payable and accrued expenses | $5,909 |
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 | $93,434 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $93,246 |
Total liabilities | $192,589 |
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 | $771,816 |
Total liabilities and net assets/fund balances | $964,405 |