Overview
What is Bantam Cinema & Arts Center Inc?
Bantam Cinema & Arts Center Inc is a nonprofit organization situated in Litchfield, Connecticut, dedicated to preserving and operating the historic Bantam Cinema. With a mission to revitalize the theater post-pandemic, the center employs essential staff, including an executive director, an operations manager, and box office assistants. In 2021, the building underwent extensive renovations, including electrical work, smoke and fire alarm systems, plumbing repairs, interior and exterior carpentry, paint upgrades, and more. The concessions area was redesigned, new digital projection servers were installed, and the sound system was repaired. These renovations were funded through a launch campaign. In October 2021, Bantam Cinema & Arts Center Inc opened its doors once again, offering a variety of programming such as first-run movies, music events, and documentaries with guest speakers. The nonprofit's annual revenue is primarily generated from ticket sales, donations, and grants, with donations accounting for the largest income source in 2022. A grant was specifically allocated for acoustic treatments in the screening rooms, enhancing the overall patron experience. The nonprofit welcomed 10,780 patrons in 2022 and, in a significant milestone, received the building and related equipment as a donation from the previous owner in March 2022.
Is Bantam Cinema & Arts Center Inc legitimate?
Bantam Cinema & Arts Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bantam Cinema & Arts Center 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: $62,019
Professional Fundraising Fees: $0
Other Salaries and Wages: $52,028
For more financial information, click here
What is the mission statement of Bantam Cinema & Arts Center Inc?
The mission of Bantam Cinema & Arts Center Inc is centered around preserving and operating the historic Bantam Cinema. This aim is achieved through various activities, including hiring necessary staff and conducting extensive renovations to maintain the cinema's physical integrity. In 2021, significant repairs and enhancements were made to the building, including electrical work, smoke and fire alarm systems, plumbing, carpentry, paint upgrades, and concessions area improvements. Post-renovations, the cinema reopened in October 2021 and attracted an increased attendance of 10,780 patrons in 2022. Programming offered included first-run movies, music events, and documentaries with guest speakers. Funding for operations, maintenance, and projects primarily comes from ticket sales, donations, and grants. Notably, in 2023, a grant was used for acoustic treatments to enhance the cinema-going experience.
Who is the CEO of Bantam Cinema & Arts Center Inc?
Kennedy Cogan is the President of Bantam Cinema & Arts Center Inc.
What is the revenue of Bantam Cinema & Arts Center Inc?
Bantam Cinema & Arts Center Inc's revenue in 2022 was $577,977.
Who are the executives of Bantam Cinema & Arts Center Inc and what are their salaries?
The average compensation at Bantam Cinema & Arts Center Inc during 2022 was $10,368. There are 11 employees and 50 volunteers at Bantam Cinema & Arts Center Inc.
Here are 15 key members and their salaries:
- Compensation: $62,019
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Bantam Cinema & Arts Center Inc?
Bantam Cinema & Arts Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bantam Cinema & Arts Center Inc
Bantam Cinema & Arts Center Inc is dedicated to preserving and operating the historic Bantam Cinema. This mission involves maintaining the historical integrity of the cinema while providing a venue for various forms of entertainment. To achieve this, the organization employs an executive director, an operations manager, and several box office assistants. In 2021, extensive renovations and enhancements were made to the building's physical plant, including electrical work, plumbing repairs, carpentry upgrades, and installation of new digital projection servers. These improvements were funded through a launch campaign and donations.
Once renovations were complete, Bantam Cinema & Arts Center Inc reopened its doors in October 2021. In 2022, the organization saw an increase in attendance to 10,780 patrons, offering programming such as first-run movies, music events, and documentaries with guest speakers. The annual revenue is primarily sourced from ticket sales, donations, and grants, with donations making up the largest portion of income in 2022. Additionally, the organization received a grant specifically for acoustic treatments to enhance the patron's experience. In March 2022, the building and related equipment were donated to Bantam Cinema & Arts Center Inc by the previous owner, marking the culmination of the process to resurrect the theater after the pandemic closure.
In summary, Bantam Cinema & Arts Center Inc serves to protect and operate the historic Bantam Cinema, providing a venue for entertainment while preserving its historical significance. Through renovations, entertainment programming, and community support, the organization aims to maintain the cinema's functionality and charm for future generations.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Bantam Cinema & Arts Center Inc's impact is felt through its successful operation and preservation of the historic Bantam Cinema in Litchfield, CT. The organization has revitalized the cinema by undertaking extensive renovations and enhancements to the building's physical plant, including electrical work, installation of modern safety systems, repairs to plumbing and carpentry, upgrades to the sound system, and improvements to the concessions area. These efforts have led to a significant increase in attendance, with 10,780 patrons enjoying a range of programming such as first-run movies, music events, and documentaries with guest speakers.
The organization's revenue from ticket sales, donations, and grants is crucial in funding its operations, ongoing maintenance, and capital projects. Donations, in particular, have been a significant source of income, allowing for the completion of projects like acoustic treatments in the screening rooms to enhance the patron experience. Moreover, the donation of the building and related equipment in 2022 further solidified BCAC's presence in the community and enabled its continued success in providing cultural enrichment through the arts.
Overall, Bantam Cinema & Arts Center Inc's diligent efforts in preserving and operating the historic Bantam Cinema have not only revitalized a community landmark but also enriched the cultural landscape of the area, making it a hub for arts and entertainment.
This information is meant to be a general summary of Bantam Cinema & Arts Center 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: $919
- Program Service Revenue: $121,718
- Gross Receipts: $603,877
Assets and Liabilities:
- Total Assets: $636,053
- Total Liabilities: $36,502
- Net Assets: $599,551
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOOKING FEE
Revenue
$8,483
THEATER RENTAL
Revenue
$2,275
TICKET SALES
Revenue
$110,960
Organization Details
Founding Year
2020
Phone
(860) 567-0006Principal Officer
Kennedy Cogan
Main Address
PO BOX 262, LITCHFIELD, CT, 06759
NTEE Category
Code: A31 - Arts
If you are a representative of Bantam Cinema & Arts Center Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.