Cosmic Rays Foundation
- Assets
- $2.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cary, NC
- Founding
- Data as of
- 06/2024
- EIN
- 88-3790225
Organization Overview
Cosmic Rays Foundation is located in Cary, NC. According to its NTEE Classification (A31) the organization is classified as: Film & Video, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cosmic Rays Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
THE COSMIC RAYS FOUNDATION IS A 501C3 ORGANIZATION THAT PRESENTS THE ANNUAL COSMIC RAYS FILM FESTIVAL. OUR MISSION IS TO SUPPORT AND CELEBRATE EXPERIMENTAL FILMS AND DIGITAL MEDIA ART CREATED BY REGIONAL NATIONAL AND GLOBAL MEDIA ARTISTS; AND TO PROVIDE A VENUE IN ORANGE COUNTY WHERE A DIVERSE RANGE OF AUDIENCES CAN HAVE ACCESS TO THIS VITAL AND EXPANDING AREA OF THE ARTS. DURING OUR 6TH EDITION HELD FROM MARCH 1-3 2024 APPROXIMATELY 300 PEOPLE ATTENDED OUR 3 DAY FILM FESTIVAL INCLUDING THE SCREENINGS HELD AT THE CHELSEA THEATER IN CHAPEL HILL NC AND OUR LIVE-CINEMA PROGRAM AT FATWOOD STUDIO IN CARRBORO NC. IN ADDITION TO PROGRAMMING TWO AND HALF DAYS OF CINEMA ART SELECTED FROM OVER 400 SUBMISSIONS FROM AROUND NORTH CAROLINA AND THE WORLD COSMIC RAYS ALSO REGULARLY INVITES DISTINGUISHED FILM PROGRAMMERS AND VISITING FILMMAKERS. THIS PAST YEAR WE INVITED LYDIA GREER AND MADISON BROOKSHIRE TO DO LIVE AUDIOVISUAL PERFORMANCES AS PART OF OUR LIVE CINEMA NIGHT. LYDIA GREER PERFORMED "FACING WEST SHADOWS: THE ENDLESS END" AN ANIMATED CINEMATIC SHADOW PLAY THAT ILLUMINATES THE PERPETUATION OF EXTINCTION AND SURVIVAL AS A RESULT OF CLIMATE CHANGE. MADISON BROOKSHIRE PRESENTED A SUITE OF TWO PERFORMANCES WITH 16MM FILM PROJECTORS AND A HARMONIUM. HIS MINIMALIST AND MEDITATIVE CINEMA WORK IS ABOUT SPATIAL RESONANCE AND PERCEPTUAL ILLUSIONS. SINCE 2022 WE HAVE ALSO CREATED THE COSMIC RAYS TOURING FESTIVAL. EACH YEAR WE SELECT FILMS FROM THE PAST FESTIVAL AND CREATE A TRAVELING PROGRAM. BY PARTNERING WITH SCREENING VENUES ACROSS THE COUNTRY WE ARE ABLE TO REACH EVEN MORE AUDIENCES PROMOTE OUR FESTIVAL'S WORK AND RAISE THE PROFILE OF NORTH CAROLINA ARTISTS' CINEMA. OUR 2023-24 TOUR INCLUDED SCREENINGS AT UNION DOCS IN NEW YORK CITY; THE UW UNION CINEMA IN MILWAUKEE WI; EXPERIMENTAL RESPONSE CINEMA IN AUSTIN TX; AND OTHER CINEMA IN SAN FRANCISCO CA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sabine Gruffat CEO | 12.5 | $2,250 | |
William Brown President | 12.5 | $1,000 | |
Kathie Roberts Director | 12.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,446 |
| Total Program Service Revenue | $5,424 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,870 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,595 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $148 |
| Other expenses | $2,382 |
| Total expenses | $9,853 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,304 |
| Other assets | $0 |
| Total assets | $2,304 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,304 |