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← NATIONAL ASSOCIATION OF THEATRE OWNERS

Form 990 for tax year 2022

Filed by NATIONAL ASSOCIATION OF THEATRE OWNERS.

Totals

Total revenue
$10,605,208
Total expenses
$11,546,495
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$9,436,235
Investment income
$1,098,039
Other revenue
$70,934
Total assets, end of year
$13,613,730
Total liabilities, end of year
$2,568,867
Net assets or fund balances, end of year
$11,044,863
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

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.

  • 2a · Program service revenue: CinemaCon

    total $7,732,508 · related or exempt $7,732,508

  • 2b · Program service revenue: Membership dues

    total $1,703,727 · related or exempt $1,703,727

  • 3 · Investment income

    total $266,718 · excluded $266,718

  • 7a · Gross sales of assets other than inventory

    securities $3,145,742

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

    securities $2,314,421

  • 7c · Gain or loss

    securities $831,321

  • 7d · Net gain or loss

    total $831,321 · excluded $831,321

  • 11a · Other revenue: Refunds and adjustments

    total $70,934 · excluded $70,934

  • 11e · Other revenue, total

    $70,934

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $2,159,710

  • 7 · Other salaries and wages

    total $878,379

  • 8 · Pension plan contributions

    total $53,502

  • 9 · Other employee benefits

    total $213,916

  • 10 · Payroll taxes

    total $216,711

  • 11b · Fees: legal

    total $30,250

  • 11c · Fees: accounting

    total $67,054

  • 11f · Fees: investment management

    total $41,803

  • 11g · Fees: other

    total $1,501,958

  • 12 · Advertising and promotion

    total $73,121

  • 13 · Office expenses

    total $589,957

  • 14 · Information technology

    total $202,001

  • 16 · Occupancy

    total $111,626

  • 17 · Travel

    total $401,068

  • 19 · Conferences, conventions and meetings

    total $4,750,506

  • 22 · Depreciation, depletion and amortization

    total $69,266

  • 23 · Insurance

    total $98,497

  • 24a · Other expenses: Proxy tax

    total $83,136

  • 24b · Other expenses: Licenses & registration

    total $4,034

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $290 · end of year $250

  • 2 · Savings and temporary cash investments

    beginning of year $2,254,774 · end of year $2,442,611

  • 4 · Accounts receivable

    beginning of year $343,854 · end of year $431,950

  • 9 · Prepaid expenses and deferred charges

    beginning of year $362,722 · end of year $263,768

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

    $4,310,072

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

    $463,000

  • 10c · Land, buildings and equipment, net

    beginning of year $3,908,802 · end of year $3,847,072

  • 11 · Investments: publicly traded securities

    beginning of year $7,774,119 · end of year $6,543,272

  • 15 · Other assets

    beginning of year $31,649 · end of year $84,807

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,130,610 · end of year $2,551,126

  • 19 · Deferred revenue

    beginning of year $81,760 · end of year $17,741

  • 27 · Net assets without donor restrictions

    beginning of year $12,198,178 · end of year $10,810,851

  • 28 · Net assets with donor restrictions

    beginning of year $265,662 · end of year $234,012

Mission and programs · 2022

Mission

The National Association of Theatre Owners is a 501(c)(6) trade association whose mission is to advance the moviegoing experience.

Activities or mission (Part I)

501(c)(6) trade association whose mission is to advance the moviegoing experience. See Sch O

  • Annual Convention and Trade Show- CinemaCon:NATO holds an annual convention and trade show each spring in Las Vegas to bring together motion picture exhibitors, distributors and vendor partners to share information, preview upcoming movie product, and celebrate the movie going experience.

  • Government Relations: NATO'S network of U.S. members engages decision makers at the federal, state, and local levels.

  • Industry Advocacy:NATO strongly advocates on behalf of exhibition with studios and distributors to ensure the best possible pipeline of content for its members.

  • Other program services include:Codes Monitoring and input to code-setting bodiesAdmission Price SurveyBoxoffice MagazineBoxoffice PredictionsInsurance ProgramNewsletter (Electronic)Online Training SeriesTheater Security Information Sharing and AlertsTheatrical Release Windows MonitoringDiversity and Inclusion Committee

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Rolando Rodriguez

    Chairman

    Total calculated
    $0
    Hours/week
    6

  • Robert Bagby

    Vice Chairman

    Total calculated
    $0
    Hours/week
    4

  • Joe Masher

    Treasurer

    Total calculated
    $0
    Hours/week
    4

  • Bo Chambliss

    Secretary

    Total calculated
    $0
    Hours/week
    4

  • Adam Aron

    Director

    Total calculated
    $0
    Hours/week
    2

  • Elizabeth Frank

    Director

    Total calculated
    $0
    Hours/week
    2

  • Moshe Greidinger

    Director

    Total calculated
    $0
    Hours/week
    2

  • Renana Teperberg

    Director

    Total calculated
    $0
    Hours/week
    2

  • Sean Gamble

    Director

    Total calculated
    $0
    Hours/week
    2

  • Wanda Gierhart Fearing

    Director

    Total calculated
    $0
    Hours/week
    2

  • Ellis Jacob

    Director

    Total calculated
    $0
    Hours/week
    2

  • Eddy Duquenne

    Director

    Total calculated
    $0
    Hours/week
    2

  • Mike Bowers

    Director

    Total calculated
    $0
    Hours/week
    2

  • Tim Handren

    Director

    Total calculated
    $0
    Hours/week
    2

  • Ronald Krueger

    Director

    Total calculated
    $0
    Hours/week
    2

  • Phil Zacheretti

    Director

    Total calculated
    $0
    Hours/week
    2

  • Colleen Barstow

    Director

    Total calculated
    $0
    Hours/week
    2

  • Joseph Paletta

    Director

    Total calculated
    $0
    Hours/week
    2

  • David Wright

    Director

    Total calculated
    $0
    Hours/week
    2

  • Chris Johnson

    Director

    Total calculated
    $0
    Hours/week
    2

  • John Fithian

    President and CEO

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

    Schedule J breakdown matched by us

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

  • Kathleen Conroy

    VP & COO

    Total calculated
    $209,395
    From this org
    $197,626
    From related orgs
    $0
    Other
    $11,769
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $146,154
    Bonus
    $50,000
    Other
    $1,472
    Deferred
    $11,769
    Nontaxable benefits
    $0
    Filer's total
    $209,395

  • Jackie Brenneman

    EVP and General Counsel

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

    Schedule J breakdown matched by us

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

  • Lou DiGioia

    Chief Financial Officer

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

  • Patrick Corcoran

    Chief Communications Officer

    Total calculated
    $219,517
    From this org
    $189,496
    From related orgs
    $0
    Other
    $30,021
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $185,000
    Bonus
    $3,558
    Other
    $938
    Deferred
    $11,313
    Nontaxable benefits
    $18,708
    Filer's total
    $219,517

  • Michael O'Leary

    President and CEO

    Total calculated
    $0
    Hours/week
    40

  • Mitch Neuhauser

    Managing Director - CinemaCon

    Total calculated
    $398,310
    From this org
    $353,366
    From related orgs
    $0
    Other
    $44,944
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $325,609
    Bonus
    $26,346
    Other
    $1,411
    Deferred
    $18,300
    Nontaxable benefits
    $26,644
    Filer's total
    $398,310

  • Matt Pollock

    Associate Convention Director

    Total calculated
    $280,865
    From this org
    $226,627
    From related orgs
    $0
    Other
    $54,238
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $221,264
    Bonus
    $4,519
    Other
    $844
    Deferred
    $14,371
    Nontaxable benefits
    $39,867
    Filer's total
    $280,865

  • Todd Halstead

    Director of Govt. Relations

    Total calculated
    $130,962
    From this org
    $123,624
    From related orgs
    $0
    Other
    $7,338
    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. 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

  • 1a · First-class or charter travel
  • 1b · Written policy on the line-1a expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 2 · Substantiation required before reimbursing expenses
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

Part I, Line 1a
NATO'S travel policy calls for staff officers to fly coach class on airline flights of three hours or less in duration, and business class on flights of more than three hours (including connecting flights that add up to more than three hours).
Part I, Line 3
The NATO Compensation Committee, appointed by the NATO Executive Board, reviews and approves the President/CEO's compensation (salary and bonuses). The committee reviews salary histories, comparability data (for positions at similar organization within the motion picture industry, and for comparable positions in the association management profession), and the committee documents its deliberations and communicates its decisions to the CFO in writing for processing.

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

No itemized grants to organizations 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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • CinemaCon LLC

    Convention/ Trade Show · DE · income $7,732,508 · assets $2,365,305

    Directly controlled by National Association of Theatre Owners (NATO)

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202343179349303224

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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