Form 990 for tax year 2024
Filed by THE NIAGARA ARTS & CULTURAL CENTER INC.
Totals
- Total revenue
- $2,194,668
- Total expenses
- $574,599
- Contributions and grants received
- $1,861,757
- Grants paid
- $0
- Program service revenue
- $283,309
- Investment income
- $21,692
- Other revenue
- $27,910
- Total assets, end of year
- $3,345,501
- Total liabilities, end of year
- $551,284
- Net assets or fund balances, end of year
- $2,794,217
- Program services expenses (Part IX)
- $305,200
- Management and general expenses
- $149,580
- Fundraising expenses
- $119,819
- Program service expenses (Part III)
- $305,200
Program services were 53.1% 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.
-
1e · Government grants (contributions)
$156,215
-
1f · All other contributions, gifts and grants
$1,705,542
-
1g · Noncash contributions included above
$8,112
-
2a · Program service revenue: MISCELLANEOUS REVENUE
total $6,987 · related or exempt $6,987
-
2b · Program service revenue: RENTAL INCOME
total $276,322 · related or exempt $276,322
-
3 · Investment income
total $21,692 · excluded $21,692
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$60,570
-
8b · Fundraising events: direct expenses
$32,660
-
8c · Net income from fundraising events
total $27,910 · excluded $27,910
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $55,019 · program services $27,510 · management and general $13,755 · fundraising $13,754
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $193,785 · program services $96,892 · management and general $48,446 · fundraising $48,447
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $1,654 · program services $826 · management and general $414 · fundraising $414
-
10 · Payroll taxes
total $19,475 · program services $9,737 · management and general $4,869 · fundraising $4,869
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $3,600 · management and general $3,600
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $21,492 · management and general $21,492
-
12 · Advertising and promotion
total $8,318 · program services $4,158 · management and general $2,080 · fundraising $2,080
-
13 · Office expenses
total $11,937 · program services $5,969 · management and general $2,984 · fundraising $2,984
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $84,523 · program services $71,844 · management and general $6,762 · fundraising $5,917
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $659 · program services $329 · management and general $165 · fundraising $165
-
20 · Interest
total $2,628 · management and general $2,628
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $66,746 · program services $33,372 · management and general $16,687 · fundraising $16,687
-
23 · Insurance
total $12,869 · program services $6,435 · management and general $3,217 · fundraising $3,217
-
24a · Other expenses: REPAIRS AND MAINTENANCE
total $53,702 · program services $26,850 · management and general $13,426 · fundraising $13,426
-
24b · Other expenses: ART GALLERY EXPENSES
total $6,514 · program services $6,514
-
24c · Other expenses: CONTRACTED SERVICES
total $6,264 · program services $3,132 · management and general $1,566 · fundraising $1,566
-
24d · Other expenses: SUPPLIES
total $5,541 · program services $2,771 · management and general $1,385 · fundraising $1,385
-
24e · All other expenses
total $19,873 · program services $8,861 · management and general $6,104 · fundraising $4,908
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $104,576 · end of year $77,958
-
2 · Savings and temporary cash investments
beginning of year $594,757 · end of year $908,729
-
3 · Pledges and grants receivable
end of year $260,000
-
4 · Accounts receivable
beginning of year $6,803 · end of year $9,737
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $2,849 · end of year $2,691
-
10a · Land, buildings and equipment: cost or other basis
$3,006,498
-
10b · Land, buildings and equipment: accumulated depreciation
$920,112
-
10c · Land, buildings and equipment, net
beginning of year $1,322,893 · end of year $2,086,386
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $124,536 · end of year $124,964
-
19 · Deferred revenue
beginning of year $677,374 · end of year $405,500
-
22 · Loans and payables to officers and key people
beginning of year $20,000 · end of year $20,000
-
24 · Unsecured notes and loans payable
beginning of year $35,000
-
25 · Other liabilities
beginning of year $820 · end of year $820
-
27 · Net assets without donor restrictions
beginning of year $997,375 · end of year $2,128,268
-
28 · Net assets with donor restrictions
beginning of year $176,773 · end of year $665,949
Mission and programs · 2024
Mission
TO PROTECT THE LANDMARK BUILDING, PRESERVE CULTURAL HERITAGE, AND PROMOTE ARTS AND CULTURAL EXPERIENCES.
-
THE NIAGARA ARTS AND CULTURAL CENTER, INC. PROVIDES FOR AN ARTS, CULTURAL AND COMMUNITY LEARNING CENTER IN NIAGARA FALLS, NEW YORK. THE MULTI-FACETED MISSION OF THE CENTER INCLUDES: OFFERING ON-GOING ARTS AND CULTURAL EDUCATION IN THE COMMUNITY; SERVING AS A VIABLE CULTURAL TOURIST DESTINATION; PRESERVATION AND UTILIZATION OF OUR HISTORIC, LANDMARK BUILDING; PROVIDING AFFORDABLE STUDIO AND OFFICE SPACE TO AREA ARTISTS AND ART GROUPS; MAKING A WIDE VARIETY OF ARTISTIC AND CULTURAL PRESENTATIONS ACCESSIBLE TO THE COMMUNITY; AND, SERVING AS A GATHERING PLACE FOR COMMUNITY EVENTS AND GROUPS.
Expenses $305,200
As filed on the 2024 return.
Listed in Part VII
-
Kevin Leary Resign June '24KEVIN LEARY RESIGN JUNE '24
EXECUTIVE DIRECTOR
- Total calculated
- $33,750
- From this org
- $33,750
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Maria Ta-PhakkhonkhamMARIA TA-PHAKKHONKHAM
INTERIM EXECUTIVE DIRECTOR
- Total calculated
- $18,000
- From this org
- $18,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Jennifer Pauly Start Dec '24JENNIFER PAULY START DEC '24
EXECUTIVE DIRECTOR
- Total calculated
- $3,269
- From this org
- $3,269
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Mary RicciardiMARY RICCIARDI
President
- Total calculated
- $0
- Hours/week
- 5
-
Edward PerlmanEDWARD PERLMAN
Vice President
- Total calculated
- $0
- Hours/week
- 3
-
Elizabeth CanadaELIZABETH CANADA
Secretary
- Total calculated
- $0
- Hours/week
- 3
-
Jennifer MundyJENNIFER MUNDY
Treasurer
- Total calculated
- $0
- Hours/week
- 3
-
Michael BeamMICHAEL BEAM
Director
- Total calculated
- $0
- Hours/week
- 1
-
Deborah A CutlerDEBORAH A CUTLER
Director
- Total calculated
- $0
- Hours/week
- 1
-
Patricia FrederickPATRICIA FREDERICK
Director
- Total calculated
- $0
- Hours/week
- 1
-
Norma Higgs Non-VotingNORMA HIGGS NON-VOTING
Dir Emeritus
- Total calculated
- $0
- Hours/week
- 1
-
Mark LaurrieMARK LAURRIE
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kenneth RoweKENNETH ROWE
Director
- Total calculated
- $0
- Hours/week
- 1
-
Edith SanfilippoEDITH SANFILIPPO
Director
- Total calculated
- $0
- Hours/week
- 1
-
Willliam SpringerWILLLIAM SPRINGER
Director
- Total calculated
- $0
- Hours/week
- 1
-
Judith TederousJUDITH TEDEROUS
Director
- Total calculated
- $0
- Hours/week
- 1
-
Louis Townsend Non-VotingLOUIS TOWNSEND NON-VOTING
Dir Emeritus
- Total calculated
- $0
- Hours/week
- 1
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
- 2024
- Filed
- 18 February 2026
- IRS schema version
- 2024v5.2
- Source object
- 202620499349301122
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.