Overview
What is Coral Gables Cinemateque Inc?
Coral Gables Cinemateque Inc is a nonprofit organization situated in Miami, Florida, specifically at 260 Aragon Avenue, 33134. Their primary focus is to showcase and promote high-quality foreign and independent feature films, making them accessible to the wider community. The organization contributes to the growth of the cultural and arts scene in the developing Downtown Gables Aragon District, offering a diverse range of cinematic experiences, including international films rarely available in the region. Regular meet-the-artist events and educational activities such as panels and workshops ensure that their presentation standards meet industry standards, providing a safe and welcoming environment for all. Established with the mission to support media arts in South Florida, Coral Gables Cinemateque Inc has 23 dedicated employees working towards this purpose.
Official website here: www.gablescinema.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Coral Gables Cinemateque Inc has a two-star rating from Charity Navigator, indicating a need for improvement in its overall operations. The organization scored 70% overall, demonstrating a decent level of accountability and transparency. Key strengths include a fully independent board, no material diversion of assets, and a comprehensive set of governance policies, which reflect a commitment to ethical management practices.
Despite these strengths, the organization faces challenges, particularly in its financial ratios. The liabilities to assets ratio of 59.77% suggests potential financial risks, which could impact its long-term sustainability. While the program expense ratio is strong at 86.02%, highlighting effective allocation of funds towards its mission, the overall financial health may require closer scrutiny to ensure stability and growth.
In summary, while Coral Gables Cinemateque Inc shows promising governance with independent oversight and ethical policies, it must address its financial challenges to enhance its rating and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Coral Gables Cinemateque Inc legitimate?
Coral Gables Cinemateque Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coral Gables Cinemateque Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $395,300
For more financial information, click here
Official website here: www.gablescinema.com
What is the mission statement of Coral Gables Cinemateque Inc?
Coral Gables Cinemateque Inc is established with the objective of showcasing and promoting the media arts. Its primary focus is on developing and managing a cinema venue, specializing in showcasing high-quality foreign and independent films from the United States. The organization's activities extend beyond film screenings, offering ancillary educational activities accessible to the entire community. These educational events include panel discussions, workshops, and frequent meet-the-artist events. The cinema programs contribute to the growth of the cultural and arts scene, particularly in the developing downtown Gables Aragon District. The mission of Coral Gables Cinemateque Inc is to enhance access to the cinematic arts, ensuring a safe and welcoming environment that meets industry standards.
Official website here: www.gablescinema.com
Who is the CEO of Coral Gables Cinemateque Inc?
Steven Krams is the President of Coral Gables Cinemateque Inc.
Official website here: www.gablescinema.com
What is the revenue of Coral Gables Cinemateque Inc?
Coral Gables Cinemateque Inc's revenue in 2022 was $1,017,321.
Official website here: www.gablescinema.com
Who are the executives of Coral Gables Cinemateque Inc and what are their salaries?
The average compensation at Coral Gables Cinemateque Inc during 2022 was $17,187. There are 23 employees at Coral Gables Cinemateque Inc.
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Official website here: www.gablescinema.com
Where can I find the form 990 for Coral Gables Cinemateque Inc?
Coral Gables Cinemateque Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gablescinema.com
Learn more at the official website: www.gablescinema.com
Mission Statement of Coral Gables Cinemateque Inc
Coral Gables Cinemateque Inc is established with a mission to showcase and support the media arts in South Florida. Specifically, the organization aims to develop and operate the Coral Gables Art Cinema as a venue that specializes in programming high-quality foreign and US independent films. The organization's goal is to improve access to the cinematic arts, contributing to the growth of the cultural and arts hub in the developing downtown Gables Aragon District. This is achieved through film screenings featuring a mix of culturally diverse, international cinema, most not generally available at other venues in the region. Additionally, Coral Gables Cinemateque Inc hosts frequent 'Meet the Artist' events and educational activities such as panels and workshops, presenting them in a safe and welcoming environment that meets industry standards.
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Impact
October, 2024
Coral Gables Cinemateque Inc significantly enriches the cultural landscape of South Florida by presenting and supporting media arts through its dedicated programming of high-quality foreign and independent films. As the driving force behind the Coral Gables Art Cinema, it provides a unique venue that showcases an acclaimed selection of diverse international cinema, often unavailable at other local theaters.
By curating a blend of culturally varied film screenings, the organization cultivates an appreciation for global storytelling and artistic expression within the community. Additionally, it enhances the cinematic experience with educational activities such as panels, workshops, and meet-the-artist events, fostering engagement and interaction among audiences and filmmakers alike.
The impact extends beyond the cinema's immediate programs; it contributes to the growth of the cultural and arts hub in the developing Downtown Gables Aragon District. In a safe and welcoming environment, Coral Gables Cinemateque Inc serves as a vital resource for cultural enrichment, promoting access to the cinematic arts and enriching the community's artistic vitality. Through its commitment to quality programming and community engagement, it plays a pivotal role in elevating the local cultural scene.
This information is meant to be a general summary of Coral Gables Cinemateque Inc. 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: $1,980
- Program Service Revenue: $345,236
- Gross Receipts: $1,017,321
Assets and Liabilities:
- Total Assets: $1,231,717
- Total Liabilities: $736,242
- Net Assets: $495,475
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$275,948
CONCESSION SALES
Revenue
$64,243
IN THEATER ADVERTISING
Revenue
$5,045
Organization Details
Founding Year
2006
Principal Officer
Steven Krams
Main Address
260 ARAGON AVENUE, MIAMI, FL, 33134
Website
www.gablescinema.comNTEE Category
Code: A20 - Arts
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