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← NATIONAL ASSOCIATION OF THEATRE OWNERS CINEMA FOUNDATION INC

Form 990 for tax year 2022

Filed by NATIONAL ASSOCIATION OF THEATRE OWNERS CINEMA FOUNDATION INC.

Totals

Total revenue
$1,370,848
Total expenses
$2,276,927
Contributions and grants received
$978,705
Grants paid
$100,000
Program service revenue
$392,143
Investment income
$0
Other revenue
$0
Total assets, end of year
$1,654,182
Total liabilities, end of year
$88,370
Net assets or fund balances, end of year
$1,565,812
Program services expenses (Part IX)
$1,749,119
Management and general expenses
$299,807
Fundraising expenses
$228,001
Program service expenses (Part III)
$1,749,119

Program services were 76.8% 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.

  • 1f · All other contributions, gifts and grants

    $978,705

  • 2a · Program service revenue: Cinema Fdn Summit

    total $177,143 · related or exempt $177,143

  • 2b · Program service revenue: National Popcorn Day

    total $100,000 · related or exempt $100,000

  • 2c · Program service revenue: CinemaCon Sponsorships

    total $65,000 · related or exempt $65,000

  • 2d · Program service revenue: National Cinema Day

    total $50,000 · related or exempt $50,000

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $100,000 · program services $100,000

  • 5 · Compensation of officers, directors and key employees

    total $406,705 · program services $244,021 · management and general $81,342 · fundraising $81,342

  • 7 · Other salaries and wages

    total $209,781 · program services $125,869 · management and general $41,956 · fundraising $41,956

  • 8 · Pension plan contributions

    total $6,700 · program services $4,020 · management and general $1,340 · fundraising $1,340

  • 9 · Other employee benefits

    total $41,448 · program services $24,870 · management and general $8,289 · fundraising $8,289

  • 10 · Payroll taxes

    total $43,574 · program services $26,144 · management and general $8,715 · fundraising $8,715

  • 11c · Fees: accounting

    total $22,038 · management and general $22,038

  • 11g · Fees: other

    total $718,034 · program services $705,299 · management and general $12,237 · fundraising $498

  • 13 · Office expenses

    total $5,638 · program services $780 · management and general $4,598 · fundraising $260

  • 14 · Information technology

    total $18,343 · management and general $18,343

  • 17 · Travel

    total $21,781 · program services $16,371 · management and general $2,705 · fundraising $2,705

  • 19 · Conferences, conventions and meetings

    total $667,537 · program services $501,745 · management and general $82,896 · fundraising $82,896

  • 23 · Insurance

    total $15,348 · management and general $15,348

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,364,367 · end of year $1,437,981

  • 4 · Accounts receivable

    beginning of year $0 · end of year $10,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $135,000 · end of year $206,201

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,431 · end of year $3,563

  • 25 · Other liabilities

    beginning of year $25,045 · end of year $84,807

  • 27 · Net assets without donor restrictions

    beginning of year $2,471,891 · end of year $1,565,812

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2022

Mission

The mission of the Cinema Foundation is to advance the moviegoing experience, by developing future diverse workforces and moviegoing communities through promotion, research, education, and philanthropy.

Activities or mission (Part I)

Supporting organization to National Association of Theatre Owners (NATO)- See Schedule O

  • The Cinema Foundation (the Foundation) was organized as a supporting organization to the National Association of Theatre Owners (NATO) to promote the essential cinema exhibition industry by developing future diverse workforces and moviegoing communities through promotion, research, education, and philanthropy.The key priorities of the Foundation include: Cinema Careers, Education and Diversity, Moviegoing Promotion and Creative Community Involvement, Center for Innovation and Technology, Industry Data and Research and Industry Charities.

    Expenses $1,749,119 · Grants $100,000 · Revenue $392,143

As filed on the 2022 return.

Listed in Part VII

  • Tori Baker

    Vice President

    Total calculated
    $0
    Hours/week
    1

  • Brian Schultz

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Eduardo Acuna

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Frank Tees

    Director

    Total calculated
    $0
    Hours/week
    1

  • Adam Cassels

    Director

    Total calculated
    $0
    Hours/week
    1

  • Michelle Maddalena

    Director

    Total calculated
    $0
    Hours/week
    1

  • Josh Nations

    Director

    Total calculated
    $0
    Hours/week
    1

  • Michael O'Leary

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jackie Brenneman

    President, The Cinema Foundation

    Total calculated
    $333,350
    From this org
    $61,420
    From related orgs
    $245,679
    Other
    $26,251
    Hours/week
    16 + 24 related

    Schedule J breakdown matched by us

    Base
    $60,000 + $240,000 related
    Bonus
    $1,154 + $4,615 related
    Other
    $266 + $1,064 related
    Deferred
    $3,660 + $14,640 related
    Nontaxable benefits
    $1,590 + $6,361 related
    Filer's total
    $66,670 + $266,680 related

  • Bryan Braunlich

    Exec. Dir. The Cinema Foundation

    Total calculated
    $108,534
    From this org
    $100,334
    From related orgs
    $0
    Other
    $8,200
    Hours/week
    40

  • Lou DiGioia

    Chief Financial Officer

    Total calculated
    $136,569
    From this org
    $28,436
    From related orgs
    $85,307
    Other
    $22,826
    Hours/week
    10 + 30 related

  • John Fithian

    NATO President and CEO

    Total calculated
    $621,560
    From this org
    $28,390
    From related orgs
    $539,401
    Other
    $53,769
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $28,324 + $538,153 related
    Bonus
    $0
    Other
    $66 + $1,248 related
    Deferred
    $915 + $17,385 related
    Nontaxable benefits
    $1,773 + $33,696 related
    Filer's total
    $31,078 + $590,482 related

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Form 990, Schedule J, Part I, Line 3:
The Foundation does not have any employees. All compensation is paid by related organization, National Association of Theatre Owners (NATO). The Foundation reimburses NATO for time spent on the Foundation's activities. Methods used by NATO to establish compensation of the President/ Executive Director include: Compensation committee Form 990 of other organizations Compensation survey or study Approval by the board or compensation committee

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202333179349303958

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