Overview
What is Seventh Art Corporation Of Ithaca?
Seventh Art Corporation of Ithaca is a nonprofit organization situated in Ithaca, New York. With a team of 16 individuals, their primary mission is to encourage residents of Central New York to engage with the transformative power of films. They achieve this by operating a five-screen cinema that showcases artistic rather than commercial films. Beyond the cinema, they also organize film symposiums and educational programs in collaboration with local schools, aiming to both entertain and educate the community. The organization's goal is to celebrate the human experience through the medium of film.
Official website here: www.cinemapolis.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating
The Seventh Art Corporation of Ithaca has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 96%, the organization demonstrates robust financial health and transparency, which is crucial for donor trust and effective management. The rating is derived entirely from the Accountability & Finance beacon, underscoring the importance placed on these aspects by the organization.
One of the standout strengths of the Seventh Art Corporation is its governance structure, featuring a board composed entirely of independent members. This independence is essential for maintaining objectivity and integrity in decision-making. The organization also excels in its financial oversight, receiving top marks for its audit and oversight committee and having no material diversion of assets, which indicates sound financial practices.
However, while the organization shows remarkable financial stability and governance, there might be limited insights into the specific programmatic impact or outreach efforts based solely on financial metrics. Continued focus on demonstrating the effectiveness of its programs would complement its strong financial ratings and enhance its appeal to potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Seventh Art Corporation Of Ithaca legitimate?
Seventh Art Corporation Of Ithaca is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seventh Art Corporation Of Ithaca submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $67,126
Professional Fundraising Fees: $0
Other Salaries and Wages: $208,436
For more financial information, click here
Official website here: www.cinemapolis.org
What is the mission statement of Seventh Art Corporation Of Ithaca?
The Seventh Art Corporation encourages individuals to delve into the potential of films, leveraging them for entertainment, education, and celebrating the human experience. Their mission is to operate a cinema showcasing artistic films, as well as organize film symposiums and educational programs in collaboration with local schools. The aim is to promote film as a powerful medium that can engage, enlighten, and commemorate the human condition.
Official website here: www.cinemapolis.org
Who is the CEO of Seventh Art Corporation Of Ithaca?
Don Rakow is the Chair of Seventh Art Corporation Of Ithaca.
Official website here: www.cinemapolis.org
What is the revenue of Seventh Art Corporation Of Ithaca?
Seventh Art Corporation Of Ithaca's revenue in 2022 was $665,111.
Official website here: www.cinemapolis.org
Who are the executives of Seventh Art Corporation Of Ithaca and what are their salaries?
The average compensation at Seventh Art Corporation Of Ithaca during 2022 was $17,223. There are 16 employees and 12 volunteers at Seventh Art Corporation Of Ithaca.
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- Compensation: $59,008
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- Other: $8,118
Official website here: www.cinemapolis.org
Where can I find the form 990 for Seventh Art Corporation Of Ithaca?
Seventh Art Corporation Of Ithaca's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cinemapolis.org
Learn more at the official website: www.cinemapolis.org
Mission Statement of Seventh Art Corporation Of Ithaca
Seventh Art Corporation of Ithaca, a nonprofit entity, is dedicated to inspiring central New York residents to delve into the profound impact of film. This organization believes in the power of cinema to entertain, educate, and celebrate the human experience. By operating a five-screen cinema that showcases films of artistic rather than commercial value, Seventh Art Corporation of Ithaca provides a platform for audiences to explore and appreciate unique and thought-provoking storytelling. Additionally, the corporation collaborates with local schools to organize film symposiums and educational programs, fostering a deeper understanding and appreciation of cinema as an art form. Through these initiatives, Seventh Art Corporation of Ithaca aims to enrich the cultural landscape of its community, encouraging residents to engage with and be moved by the power of film.
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Impact
July, 2024
Seventh Art Corporation Of Ithaca's impact lies in its dedication to encouraging Central New York residents to explore the power of film to entertain, educate, and celebrate the human experience. Through the operation of a five-screen cinema focused on films of artistic value, as well as organizing film symposiums and educational programs in collaboration with area schools, the organization contributes to the cultural enrichment of the community. By promoting films that are not solely commercially driven, Seventh Art Corporation Of Ithaca fosters a deeper appreciation for the artistic aspects of cinema and provides a platform for meaningful storytelling and cultural exchange.
This information is meant to be a general summary of Seventh Art Corporation Of Ithaca. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,800
- Program Service Revenue: $319,120
- Gross Receipts: $704,465
Assets and Liabilities:
- Total Assets: $589,994
- Total Liabilities: $284,172
- Net Assets: $305,822
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$278,640
FESTIVALS AND EVENTS
Revenue
$15,814
MISCELLANEOUS
Revenue
$13,944
ADVERTISING INCOME
Revenue
$10,053
PASS INCOME
Revenue
$669
Organization Details
Founding Year
2000
Phone
(607) 659-5159Principal Officer
Don Rakow
Main Address
120 EAST GREEN STREET, ITHACA, NY, 14850
Website
www.cinemapolis.orgNTEE Category
Code: A31 - Arts
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