Totals
- Total revenue
- $2,867,210
- Total expenses
- $2,596,679
- Contributions and grants received
- $1,010,607
- Grants paid
- $0
- Program service revenue
- $1,336,691
- Investment income
- $23,101
- Other revenue
- $496,811
- Total assets, end of year
- $4,675,720
- Total liabilities, end of year
- $779,490
- Net assets or fund balances, end of year
- $3,896,230
- Program services expenses (Part IX)
- $2,053,218
- Management and general expenses
- $406,331
- Fundraising expenses
- $137,130
- Program service expenses (Part III)
- $2,053,218
Program services were 79.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$442,662
-
1e · Government grants (contributions)
$120,000
-
1f · All other contributions, gifts and grants
$447,945
-
1g · Noncash contributions included above
$4,000
-
2a · Program service revenue: BOX OFFICE RECEIPTS
total $1,176,905 · related or exempt $1,176,905
-
2b · Program service revenue: MEMBERSHIP DUES
total $110,666 · related or exempt $110,666
-
2c · Program service revenue: THEATER RENTAL
total $49,120 · related or exempt $49,120
-
3 · Investment income
total $23,101 · excluded $23,101
-
10a · Gross sales of inventory
$712,855
-
10b · Cost of goods sold
$227,731
-
10c · Net income from sales of inventory
total $485,124 · related or exempt $485,124
-
11a · Other revenue: CREDIT CARD REWARDS
total $10,409 · related or exempt $10,409
-
11b · Other revenue: SUBMISSION FEES
total $1,072 · related or exempt $1,072
-
11c · Other revenue: MISCELLANEOUS DEPOSITS
total $206 · related or exempt $206
-
11e · Other revenue, total
$11,687
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $97,113 · program services $32,371 · management and general $32,371 · fundraising $32,371
-
7 · Other salaries and wages
total $955,737 · program services $780,592 · management and general $105,087 · fundraising $70,058
-
9 · Other employee benefits
total $46,870 · program services $39,370 · management and general $4,219 · fundraising $3,281
-
10 · Payroll taxes
total $80,526 · program services $67,642 · management and general $7,247 · fundraising $5,637
-
11c · Fees: accounting
total $90,663 · management and general $90,663
-
11g · Fees: other
total $33,076 · program services $20,000 · management and general $12,809 · fundraising $267
-
12 · Advertising and promotion
total $48,504 · program services $43,798 · fundraising $4,706
-
13 · Office expenses
total $162,267 · program services $58,902 · management and general $98,021 · fundraising $5,344
-
14 · Information technology
total $88,466 · program services $79,619 · management and general $8,847
-
16 · Occupancy
total $135,922 · program services $100,193 · management and general $28,936 · fundraising $6,793
-
19 · Conferences, conventions and meetings
total $26,237 · program services $20,989 · management and general $2,624 · fundraising $2,624
-
20 · Interest
total $12,582 · program services $11,324 · management and general $1,258
-
22 · Depreciation, depletion and amortization
total $142,117 · program services $135,438 · management and general $6,679
-
23 · Insurance
total $28,387 · program services $26,345 · management and general $2,042
-
24a · Other expenses: FILM RENTAL AND SHIPPIN
total $502,842 · program services $502,842
-
24b · Other expenses: REPAIRS AND MAINTENANCE
total $77,243 · program services $73,536 · management and general $3,707
-
24c · Other expenses: EXHIBITION EXPENSES
total $46,683 · program services $46,683
-
24d · Other expenses: DUES AND SUBSCRIPTIONS
total $10,017 · program services $9,015 · fundraising $1,002
-
24e · All other expenses
total $11,427 · program services $4,559 · management and general $1,821 · fundraising $5,047
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $185,931 · end of year $344,583
-
2 · Savings and temporary cash investments
beginning of year $1,483,976 · end of year $1,526,773
-
3 · Pledges and grants receivable
beginning of year $110,000 · end of year $211,056
-
4 · Accounts receivable
beginning of year $52,257 · end of year $42,192
-
8 · Inventories for sale or use
beginning of year $13,076 · end of year $14,540
-
9 · Prepaid expenses and deferred charges
beginning of year $37,165 · end of year $44,904
-
10a · Land, buildings and equipment: cost or other basis
$4,098,878
-
10b · Land, buildings and equipment: accumulated depreciation
$1,625,997
-
10c · Land, buildings and equipment, net
beginning of year $2,446,837 · end of year $2,472,881
-
14 · Intangible assets
beginning of year $23,467 · end of year $14,935
-
15 · Other assets
beginning of year $15,261 · end of year $3,856
-
17 · Accounts payable and accrued expenses
beginning of year $123,283 · end of year $128,661
-
19 · Deferred revenue
beginning of year $118,632 · end of year $148,203
-
23 · Secured mortgages and notes payable
beginning of year $500,000 · end of year $499,713
-
25 · Other liabilities
beginning of year $19,387 · end of year $2,913
-
27 · Net assets without donor restrictions
beginning of year $3,418,285 · end of year $3,676,027
-
28 · Net assets with donor restrictions
beginning of year $188,383 · end of year $220,203
Mission and programs · 2023
Mission
BUILDING COMMUNITY BY CELEBRATING THE ART AND DIVERSITY OF FILM.
-
THE LOFT CINEMA IS THE PREMIER VENUE IN THE SOUTHWESTERN UNITED STATES FOR ART FILMS, FOREIGN, INDEPENDENT, ALTERNATIVE AND CLASSIC NARRATIVE FILMS AND DOCUMENTARIES. OPEN 365 DAYS A YEAR WITH AN AVERAGE OF 15 SCREENINGS PER DAY, THE LOFT PROVIDES A FULL SPECTRUM OF CINEMA EXPERIENCES, WITH AFFORDABLE TICKETS AND MANY FREE SERIES AND EVENTS. PROGRAMMING IS DIVERSE AND INCLUSIVE WHERE FILMS FROM OVER 40 COUNTRIES WERE SCREENED FOR AUDIENCES THAT INCLUDED THE ENTIRE COMMUNITY OF SOUTHERN ARIZONA, INCLUDING PEOPLE FROM EVERY RACE, GENDER, AGE, SEXUAL ORIENTATION AND INCOME LEVEL. SIGNATURE EVENTS INCLUDE HOSTING VISITING FILMMAKERS AND SCHOLARS TO DISCUSS THEIR WORK WITH AUDIENCES, LOCAL FILM PREMIERES, ALL-NIGHT HORROR AND SCI-FI MARATHONS, SING-A-LONG EVENTS, THE FREE LOFT KIDS FEST AND MONTHLY LOFT JR SERIES, AND THE LOFT FILM FEST, WHICH HIGHLIGHTS NEW FILMS ON THE FESTIVAL CIRCUIT AND HONORS SIGNIFICANT FIGURES IN INDEPENDENT CINEMA.
Expenses $2,053,218 · Revenue $1,833,502
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
RON BARBER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
TIM FULLER
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
MAX MCCAUSLIN
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
MELODIE LOPEZ
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
STEPHEN GOLDEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CARMEN MARRIOTT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CLAIRE SCHEUREN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BETSY BOLDING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DIANNE IAUCO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MARY KOSS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KATHERINE PEW
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TIM RECKART
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOANNE STUHR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOE TARVER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
STEPHANIE TROUTMAN ROBBINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
HAL MELFI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LISANNE SKYLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JAIME GUTIERREZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
PEGGY JOHNSON
EXECUTIVE DIRECTOR
- Total calculated
- $97,113
- From this org
- $97,113
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443179349303924
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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