Skip to content
Nonprofiteer
← COOLIDGE CORNER THEATRE FOUNDATION INC

Form 990 for tax year 2023

Filed by COOLIDGE CORNER THEATRE FOUNDATION INC.

Totals

Total revenue
$7,670,863
Total expenses
$7,278,867
Contributions and grants received
$2,702,557
Grants paid
$247,600
Program service revenue
$4,094,604
Investment income
$175,490
Other revenue
$698,212
Total assets, end of year
$28,761,454
Total liabilities, end of year
$12,060,352
Net assets or fund balances, end of year
$16,701,102
Program services expenses (Part IX)
$6,329,470
Management and general expenses
$404,809
Fundraising expenses
$544,588
Program service expenses (Part III)
$6,329,470

Program services were 87.0% 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.

  • 1c · Fundraising events

    $69,750

  • 1e · Government grants (contributions)

    $119,400

  • 1f · All other contributions, gifts and grants

    $2,513,407

  • 1g · Noncash contributions included above

    $16,062

  • 2a · Program service revenue: ADMISSIONS

    total $3,221,521 · related or exempt $3,221,521

  • 2b · Program service revenue: MEMBERSHIPS

    total $401,493 · related or exempt $401,493

  • 2c · Program service revenue: THEATRE RENTALS

    total $156,970 · related or exempt $156,970

  • 2f · All other program service revenue

    total $314,620 · related or exempt $314,620

  • 3 · Investment income

    total $125,182 · excluded $125,182

  • 7a · Gross sales of assets other than inventory

    securities $126,017

  • 7b · Less cost or other basis and sales expenses

    securities $75,709

  • 7c · Gain or loss

    securities $50,308

  • 7d · Net gain or loss

    total $50,308 · excluded $50,308

  • 8a · Fundraising events: gross income

    $26,700

  • 8a · Fundraising events: contributions included on line 1c

    $69,750

  • 8b · Fundraising events: direct expenses

    $62,890

  • 8c · Net income from fundraising events

    total -$36,190 · excluded -$36,190

  • 10a · Gross sales of inventory

    $1,196,101

  • 10b · Cost of goods sold

    $461,699

  • 10c · Net income from sales of inventory

    total $734,402 · related or exempt $734,402

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $247,600 · program services $247,600

  • 5 · Compensation of officers, directors and key employees

    total $205,566 · program services $61,670 · management and general $41,113 · fundraising $102,783

  • 7 · Other salaries and wages

    total $2,072,481 · program services $1,661,609 · management and general $163,009 · fundraising $247,863

  • 8 · Pension plan contributions

    total $8,424 · program services $3,553 · management and general $3,136 · fundraising $1,735

  • 9 · Other employee benefits

    total $181,782 · program services $140,631 · management and general $13,835 · fundraising $27,316

  • 10 · Payroll taxes

    total $203,447 · program services $153,927 · management and general $18,224 · fundraising $31,296

  • 11b · Fees: legal

    total $27,061 · management and general $27,061

  • 11c · Fees: accounting

    total $82,088 · management and general $82,088

  • 11e · Fees: professional fundraising services

    total $44,000 · fundraising $44,000

  • 11f · Fees: investment management

    total $2,751 · management and general $2,751

  • 11g · Fees: other

    total $171,565 · program services $136,835 · management and general $8,256 · fundraising $26,474

  • 12 · Advertising and promotion

    total $174,325 · program services $174,325

  • 13 · Office expenses

    total $367,228 · program services $308,822 · management and general $26,172 · fundraising $32,234

  • 16 · Occupancy

    total $1,199,348 · program services $1,171,131 · management and general $10,591 · fundraising $17,626

  • 19 · Conferences, conventions and meetings

    total $29,821 · program services $28,780 · management and general $739 · fundraising $302

  • 20 · Interest

    total $73,413 · program services $70,719 · management and general $1,015 · fundraising $1,679

  • 22 · Depreciation, depletion and amortization

    total $433,307 · program services $417,408 · management and general $5,990 · fundraising $9,909

  • 23 · Insurance

    total $59,977 · program services $57,777 · management and general $829 · fundraising $1,371

  • 24a · Other expenses: FILM RENTAL AND SHIPPIN

    total $1,583,254 · program services $1,583,254

  • 24b · Other expenses: SCIENCE FILMS AND EVENT

    total $51,578 · program services $51,578

  • 24c · Other expenses: EDUCATIONAL AND OTHER L

    total $35,882 · program services $35,882

  • 24d · Other expenses: CLASSROOM AND EDUCATION

    total $23,969 · program services $23,969

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $333,574 · end of year $363,402

  • 2 · Savings and temporary cash investments

    beginning of year $3,485,091 · end of year $2,468,818

  • 3 · Pledges and grants receivable

    beginning of year $336,666 · end of year $517,296

  • 4 · Accounts receivable

    beginning of year $58,315 · end of year $47,499

  • 8 · Inventories for sale or use

    beginning of year $36,713 · end of year $46,843

  • 9 · Prepaid expenses and deferred charges

    beginning of year $23,372 · end of year $59,266

  • 10a · Land, buildings and equipment: cost or other basis

    $18,050,013

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,039,076

  • 10c · Land, buildings and equipment, net

    beginning of year $13,996,421 · end of year $15,010,937

  • 11 · Investments: publicly traded securities

    beginning of year $1,192,942 · end of year $1,401,396

  • 14 · Intangible assets

    beginning of year $24,920 · end of year $0

  • 15 · Other assets

    beginning of year $9,095,788 · end of year $8,845,997

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,101,399 · end of year $896,372

  • 19 · Deferred revenue

    beginning of year $131,781 · end of year $204,084

  • 23 · Secured mortgages and notes payable

    beginning of year $1,705,000 · end of year $1,298,138

  • 25 · Other liabilities

    beginning of year $9,503,349 · end of year $9,661,758

  • 27 · Net assets without donor restrictions

    beginning of year $13,881,095 · end of year $14,464,696

  • 28 · Net assets with donor restrictions

    beginning of year $2,261,178 · end of year $2,236,406

Mission and programs · 2023

Mission

THE COOLIDGE CORNER THEATRE FOUNDATION, INC. IS AN INDEPENDENT ART HOUSE CINEMA, COMMUNITY ASSET AND CULTURAL INSTITUTION THAT HAS PLAYED A SIGNIFICANT ROLE IN THE TOWN OF BROOKLINE AND THE GREATER BOSTON AREA SINCE ITS INCEPTION IN 1933.

Activities or mission (Part I)

TO ENTERTAIN, INFORM, AND ENGAGE - BUILDING A VITAL COMMUNITY THROUGH FILM CULTURE.

  • IN ADDITION TO SCREENING THE BEST OF FIRST RUN INDEPENDENT NARRATIVE AND DOCUMENTARY FEATURE FILMS, THE COOLIDGE OFFERS A WIDE RANGE OF SPECIAL PROGRAMMING, INCLUDING: SCIENCE ON SCREEN, THE SOUNDS OF SILENTS, BIG SCREEN CLASSICS, AFTER MIDNITE, PANORAMA, REWIND, CINEMA JUKEBOX, SHAKESPEARE REIMAGINED, KIDS' SHOWS, BOX OFFICE BABIES, BROADCASTS OF PRODUCTIONS FROM LONDON'S NATIONAL THEATRE, OPERAS AND DANCE PERFORMANCES FROM ACCLAIMED THEATRES THROUGHOUT THE WORLD, PRE- AND POST-SCREENING DISCUSSIONS WITH FILMMAKERS AND OTHER TALENT, AND FILM EDUCATION COURSES. THE COOLIDGE ALSO PRESENTS OUTDOOR SCREENINGS IN PARTNERSHIP WITH OTHER NONPROFIT ENTITIES.

    Expenses $6,030,292 · Revenue $4,829,006

  • SCIENCE ON SCREEN PAIRS POPULAR FILMS WITH DISCUSSIONS BY NOTABLE FIGURES IN SCIENCE, TECHNOLOGY AND MEDICINE. OVER THE PAST DECADE, SLOAN HAS AWARDED THE COOLIDGE OVER $4 MILLION TO DEVELOP AND ADMINISTER SCIENCE ON SCREEN PROGRAMS AROUND THE US THROUGH PARTNERSHIPS WITH OTHER NONPROFITS. THE COOLIDGE HAS IN TURN AWARDED 393 GRANTS TOTALING OVER $2.5 MILLION TO 119 FILM AND SCIENCE-FOCUSED ORGANIZATIONS IN 44 STATES (PLUS WASHINGTON, DC) ACROSS THE COUNTRY.

    Expenses $299,178 · Grants $247,600

As filed on the 2023 return.

Listed in Part VII

  • Katherine Tallman

    EXECUTIVE DIRECTOR

    Total calculated
    $195,078
    From this org
    $194,474
    From related orgs
    $0
    Other
    $604
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $194,474
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $604
    Filer's total
    $195,078

  • Beth Gilligan

    DEPUTY DIRECTOR

    Total calculated
    $127,046
    From this org
    $124,974
    From related orgs
    $0
    Other
    $2,072
    Hours/week
    40

  • David Rosenthal

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    4

  • Jason Cole

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    4

  • Laura Allen

    TREASURER

    Total calculated
    $0
    Hours/week
    4

  • Meg Bergstrand

    CLERK

    Total calculated
    $0
    Hours/week
    4

  • Adam Hirsch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Amy Brand

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Barbara Stein

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Charles Marz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Elizabeth Bitton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Gary Stoloff

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Jonathan Stahl

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Nerissa Williams Scott

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Nora Osman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Pat Scanlon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Paul Lipson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Sam Rahman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Suzanne Bloomberg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Tim Sullivan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Anurag Banerjee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Melissa Hale Woodman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Roger Lipsett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Michael Maynard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Alan Spatrick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

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

  • 3 · Approval by the board or compensation committee

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

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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
5 June 2025
IRS schema version
2023v6.0
Source object
202531569349301038

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.