Civic Intelligence

Akron Creative Inc.

990 • Fiscal year 2015 • EIN 26-0855272

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2017

30 N High StreetAkron, OH 44308

(330) 252-5782

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

74th percentile

0.08x

Higher debt load relative to assets than 74% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

76th percentile

0.05x

Higher debt load relative to revenue than 76% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

75th percentile

18%

Higher net margin than 75% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Assets

$170,967

No earlier filing loaded for comparison.

Net Assets

$157,503

No earlier filing loaded for comparison.

Liabilities

$13,464

No earlier filing loaded for comparison.

Revenue

$244,923

No earlier filing loaded for comparison.

Expenses

$199,644

No earlier filing loaded for comparison.

Net Income

$45,279

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2015: $170,967Liabilities 2015: $13,464Net Assets 2015: $157,5032015Assets 2016: $224,651Liabilities 2016: $13,867Net Assets 2016: $210,7842016Assets 2017: $272,453Liabilities 2017: $12,404Net Assets 2017: $260,0492017Assets 2021: $469,917Liabilities 2021: $6,112Net Assets 2021: $463,8052021Assets 2022: $426,817Liabilities 2022: $1,214Net Assets 2022: $425,6032022Assets 2023: $437,748Liabilities 2023: $47,916Net Assets 2023: $389,8322023Assets 2024: $648,313Liabilities 2024: $24,341Net Assets 2024: $623,9722024

Highlighted filing

2015

Assets$170,967
Liabilities$13,464
Net Assets$157,503

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2015: $244,923Expenses 2015: $199,644Net Income 2015: $45,2792015Revenue 2016: $265,006Expenses 2016: $211,725Net Income 2016: $53,2812016Revenue 2017: $308,520Expenses 2017: $259,255Net Income 2017: $49,2652017Revenue 2021: $455,134Expenses 2021: $336,123Net Income 2021: $119,0112021Revenue 2022: $352,903Expenses 2022: $391,105Net Income 2022: -$38,2022022Revenue 2023: $462,187Expenses 2023: $497,958Net Income 2023: -$35,7712023Revenue 2024: $793,291Expenses 2024: $552,798Net Income 2024: $240,4932024

Highlighted filing

2015

Revenue$244,923
Expenses$199,644
Net Income$45,279
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2017
Return Version
2015v3.0
Gross Receipts
$258,646
Mission and Program Overview

Mission

To advance cinema and community in tandem through the exhibitions of foreign, art, and independent films; and to serve cinema culture and the community discourse around it.

The nightlight's mission is to advance cinema and community in tandem. This is accomplished through the exhibition of foreign films, independently produced films, and art films which would not otherwise be available to the community through commercial outlets. In 2015 the nightlight provided more than 13,000 ticket-holders with artistic cinematic experiences that were previously inaccessible to the akron community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$147,649$139,132▼ $8,517
Cash and Non-Interest-Bearing Accounts$3,543$24,675▲ $21,132
Inventories for Sale or Use-$7,160-
Total Assets$151,192$170,967▲ $19,775
Liabilities
Other Liabilities$19,407--
Accounts Payable and Accrued Expenses$19,561$13,464▼ $6,097
Total Liabilities$38,968$13,464▼ $25,504
Net Assets / Fund Balance
Unrestricted Net Assets$112,224$157,503▲ $45,279
Total Net Assets Fund Balance$112,224$157,503▲ $45,279
Total Liabilities and Net Assets / Fund Balance$151,192$170,967▲ $19,775

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$100,762$9,836$110,598
Leasehold Improvements$38,370$4,263$42,633
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kurtiss HareExecutive DiFT$28,077$28,077
Stephen FelixExec. Dir.,FT$19,265$19,265

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$82,926
Program Service Revenue
$108,375
Investment Income
$0
Other Revenue
$53,622
All Other Contributions
$73,417
Change in Net Assets
$45,279
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$120,363
Salaries, Compensation, and Employee Benefits$79,281
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Royalties$48,465--$48,465
Current Officers, Directors, Trustees, and Key Employees$18,937$28,405-$47,342
Other Salaries and Wages$26,305--$26,305
Office Expenses$20,248$3,573-$23,821
Occupancy$10,117$1,785-$11,902
Advertising$10,535--$10,535
Depreciation Depletion$7,694$1,358-$9,052
Payroll Taxes$3,461$2,173-$5,634
Insurance$4,446$785-$5,231
Fees for Services Other-$2,000-$2,000
Information Technology$964$170-$1,134
All Other Expenses-$454-$454
Other Expenses$650$317-$317
Conferences and Meetings$40--$40
Total Functional Expenses$157,609$42,035$0$199,644
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A copy of the 990 is distributed to board members for their review prior to filing.

Form 990, Page 6, Part VI, Line 12C

Conflicts of interest are reviewed on a per transaction basis at each finance committee meeting, which are held every other month.

Form 990, Page 6, Part VI, Line 15A

An outside consultant provided the organization with a market based recommended compensation level for the executive director. However, because the recommended compensation level was outside budgeted expenditure, the trustees voted on and approved a lower amount.

Form 990, Page 6, Part VI, Line 19

Requests for documents are made public upon request.

Filing and Contact Details

Filer

Filer Name
Akron Creative Inc
EIN
26-0855272
Phone
3302525782
Address
30 N HIGH STREET, AKRON, OH 44308
Doing Business As
The Nightlight Cinema

Signing Officer

Name
Eugene Weaver
Title
Executive Director
Phone
3302525782
Signed
2017-11-15

Organization Details

Principal Officer
Eugene Weaver
Formed
2007
Legal Domicile
Oh
Voting Board Members
11
Independent Board Members
10
Employees
11
Volunteers
11

Preparer

Firm
Crum & Company
Address
525 N CLEVELAND MASSILLON RD STE 10, AKRON, OH 44333-3332
Preparer
Kevin K Crum
Phone
3308671222
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item B

The amended 990 reflects corrected information from the originally filed return with respect to financial information as well as narrative content.

Form 990, Page 2, Part III, Line 4A

That shed light on cities and cultures that are far away - or close to home. "the new sounds of silents" invited musicians to contribute pieces of original recorded score to a classic silent film. "academy noms" paired area chefs with classic academy award nominated films for brunch and a movie. "late@nightlight" brought cult films, an arthouse staple, to the nightlight by inviting select patrons and guests to curate and host their own short film series that fit the theme. "akron film+pride" sponsored by the community aids network/akron pride initiative, brought monthly films focused on lgbt stories to the nightlight screen. Meanwhile, the nightlight continued to serve akron through its community collaborations, including our ongoing screening series held at the akron art museum and the akron- summit county public library. Community film events were also hosted at the nightlight, with partners including the cleveland international film festival, the 2380 film club (a student filmmaking group at the university of akron), and keepers of the art, inc. Additionally, nightlight attendees were exposed to an impressive array of out-of-the-box experiences including art exhibits along the walls populated with locally-created art and curated vinyl sales, courtesy akron's square records.

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IRS990/Desc0IN 2015, THE NIGHTLIGHT CINEMA BROUGHT OVER 13,000 TICKET-HOLDERS THROUGH ITS DOORS FOR ARTISTIC, CINEMATIC EXPERIENCES THAT WERE PREVIOUSLY INACCESSIBLE TO AKRON-AREA RESIDENTS. THESE EXHIBITIONS INCLUDED MORE THAN 75 FOREIGN, INDEPENDENT, AND ART FILMS THAT WOULD NOT OTHERWISE HAVE BEEN SHOWN ON A BIG SCREEN IN THE AKRON COMMUNITY. THE TYPICAL MOVIE GOING EXPERIENCE AT THE NIGHTLIGHT IS ATYPICAL: EVERY SCREENING IS INTRODUCED BY A STAFF MEMBER OR GUEST HOST, OFFERING RELEVANT BACKGROUND TO ENHANCE APPRECIATION OF THE FILM. CONCESSIONS AND BAR ITEMS HAVE A FOCUS ON ITEMS PROVIDED BY LOCAL AND HIGH-QUALITY VENDORS. POST-FILM DISCUSSIONS ARE HELD DURING OUR SPECIAL SERIES SCREENINGS. OUR 12 FILM "PEOPLE AND PLACES" SERIES, SPONSORED BY KNIGHT FOUNDATION AND AKRON2AKRON, HIGHLIGHTED FILMS THAT SHED LIGHT ON CITIES AND CULTURES THAT ARE FAR AWAY - OR CLOSE TO HOME. "THE NEW SOUNDS OF SILENTS" INVITED MUSICIANS TO CONTRIBUTE PIECES OF ORIGINAL RECORDED SCORE TO A CLASSIC SILENT FILM. "ACADEMY NOMS" PAIRED AREA CHEFS WITH CLASSIC ACADEMY AWARD NOMINATED FILMS FOR BRUNCH AND A MOVIE. "LATE@NIGHTLIGHT" BROUGHT CULT FILMS, AN ARTHOUSE STAPLE, TO THE NIGHTLIGHT BY INVITING SELECT PATRONS AND GUESTS TO CURATE AND HOST THEIR OWN SHORT FILM SERIES THAT FIT THE THEME. "AKRON FILM+PRIDE" SPONSORED BY THE COMMUNITY AIDS NETWORK/AKRON PRIDE INITIATIVE, BROUGHT MONTHLY FILMS FOCUSED ON LGBT STORIES TO THE NIGHTLIGHT SCREEN. MEANWHILE, THE NIGHTLIGHT CONTINUED TO SERVE AKRON THROUGH ITS COMMUNITY COLLABORATIONS, INCLUDING OUR ONGOING SCREENING SERIES HELD AT THE AKRON ART MUSEUM AND THE AKRON- SUMMIT COUNTY PUBLIC LIBRARY. COMMUNITY FILM EVENTS WERE ALSO HOSTED AT THE NIGHTLIGHT, WITH PARTNERS INCLUDING THE CLEVELAND INTERNATIONAL FILM FESTIVAL, THE 2380 FILM CLUB (A STUDENT FILMMAKING GROUP AT THE UNIVERSITY OF AKRON), AND KEEPERS OF THE ART, INC. ADDITIONALLY, NIGHTLIGHT ATTENDEES WERE EXPOSED TO AN IMPRESSIVE ARRAY OF OUT-OF-THE-BOX EXPERIENCES INCLUDING ART EXHIBITS ALONG THE WALLS POPULATED WITH LOCALLY-CREATED ART AND CURATED VINYL SALES, COURTESY AKRON'S SQUARE RECORDS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE AMENDED 990 REFLECTS CORRECTED INFORMATION FROM THE ORIGINALLY FILED RETURN WITH RESPECT TO FINANCIAL INFORMATION AS WELL AS NARRATIVE CONTENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THAT SHED LIGHT ON CITIES AND CULTURES THAT ARE FAR AWAY - OR CLOSE TO HOME. "THE NEW SOUNDS OF SILENTS" INVITED MUSICIANS TO CONTRIBUTE PIECES OF ORIGINAL RECORDED SCORE TO A CLASSIC SILENT FILM. "ACADEMY NOMS" PAIRED AREA CHEFS WITH CLASSIC ACADEMY AWARD NOMINATED FILMS FOR BRUNCH AND A MOVIE. "LATE@NIGHTLIGHT" BROUGHT CULT FILMS, AN ARTHOUSE STAPLE, TO THE NIGHTLIGHT BY INVITING SELECT PATRONS AND GUESTS TO CURATE AND HOST THEIR OWN SHORT FILM SERIES THAT FIT THE THEME. "AKRON FILM+PRIDE" SPONSORED BY THE COMMUNITY AIDS NETWORK/AKRON PRIDE INITIATIVE, BROUGHT MONTHLY FILMS FOCUSED ON LGBT STORIES TO THE NIGHTLIGHT SCREEN. MEANWHILE, THE NIGHTLIGHT CONTINUED TO SERVE AKRON THROUGH ITS COMMUNITY COLLABORATIONS, INCLUDING OUR ONGOING SCREENING SERIES HELD AT THE AKRON ART MUSEUM AND THE AKRON- SUMMIT COUNTY PUBLIC LIBRARY. COMMUNITY FILM EVENTS WERE ALSO HOSTED AT THE NIGHTLIGHT, WITH PARTNERS INCLUDING THE CLEVELAND INTERNATIONAL FILM FESTIVAL, THE 2380 FILM CLUB (A STUDENT FILMMAKING GROUP AT THE UNIVERSITY OF AKRON), AND KEEPERS OF THE ART, INC. ADDITIONALLY, NIGHTLIGHT ATTENDEES WERE EXPOSED TO AN IMPRESSIVE ARRAY OF OUT-OF-THE-BOX EXPERIENCES INCLUDING ART EXHIBITS ALONG THE WALLS POPULATED WITH LOCALLY-CREATED ART AND CURATED VINYL SALES, COURTESY AKRON'S SQUARE RECORDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE 990 IS DISTRIBUTED TO BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFLICTS OF INTEREST ARE REVIEWED ON A PER TRANSACTION BASIS AT EACH FINANCE COMMITTEE MEETING, WHICH ARE HELD EVERY OTHER MONTH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AN OUTSIDE CONSULTANT PROVIDED THE ORGANIZATION WITH A MARKET BASED RECOMMENDED COMPENSATION LEVEL FOR THE EXECUTIVE DIRECTOR. HOWEVER, BECAUSE THE RECOMMENDED COMPENSATION LEVEL WAS OUTSIDE BUDGETED EXPENDITURE, THE TRUSTEES VOTED ON AND APPROVED A LOWER AMOUNT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5REQUESTS FOR DOCUMENTS ARE MADE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, ITEM B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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