Civic Intelligence

Mono No Aware Inc.

990 • Fiscal year 2021 • EIN 46-4573533

Jan 01, 2021 to Dec 31, 2021 • Filed on May 16, 2022

302 Bedford Avenue 303Brooklyn, NY 11249

(267) 456-1143

Siviq Scores

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

Liabilities / Assets

74th percentile

0.22x

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

2021 filings • NTEE A • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

60th percentile

0.12x

Higher debt load relative to revenue than 60% of similar nonprofits.

2021 filings • NTEE A • $500k-$1M nonprofits • Source year 2021

Net Margin

53rd percentile

20%

Higher net margin than 53% of similar nonprofits.

2021 filings • NTEE A • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

68th percentile

$55,000

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 9.9% of source-year revenue.

2021 filings • NTEE A • $500k-$1M nonprofits • Source year 2021

Asset Growth

81st percentile

54%

Faster asset growth than 81% of similar nonprofits.

2021 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

72nd percentile

59%

Faster revenue growth than 72% of similar nonprofits.

2021 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$313,502

Up $110,340 (+54%) from 2020

Net Assets

Up

$244,423

Up $109,079 (+81%) from 2020

Liabilities

Up

$69,079

Up $1,261 (+1.9%) from 2020

Revenue

Up

$552,926

Up $204,749 (+59%) from 2020

Expenses

Up

$443,847

Up $155,560 (+54%) from 2020

Net Income

Up

$109,079

Up $49,189 (+82%) from 2020

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2015: $13,626Liabilities 2015: $02015Assets 2016: $70,115Liabilities 2016: $0Net Assets 2016: $70,1152016Assets 2017: $73,898Liabilities 2017: $0Net Assets 2017: $73,8982017Assets 2018: $54,329Liabilities 2018: $0Net Assets 2018: $54,3292018Assets 2019: $75,454Liabilities 2019: $0Net Assets 2019: $75,4542019Assets 2020: $203,162Liabilities 2020: $67,818Net Assets 2020: $135,3442020Assets 2021: $313,502Liabilities 2021: $69,079Net Assets 2021: $244,4232021Assets 2022: $262,110Liabilities 2022: $32,023Net Assets 2022: $230,0872022Assets 2023: $241,830Liabilities 2023: $55,208Net Assets 2023: $186,6222023Assets 2024: $244,149Liabilities 2024: $48,047Net Assets 2024: $196,1022024

Highlighted filing

2021

Assets$313,502
Liabilities$69,079
Net Assets$244,423

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2015: $63,465Expenses 2015: $58,019Net Income 2015: $5,4462015Revenue 2016: $140,608Expenses 2016: $84,119Net Income 2016: $56,4892016Revenue 2017: $102,904Expenses 2017: $99,121Net Income 2017: $3,7832017Revenue 2018: $169,991Expenses 2018: $189,560Net Income 2018: -$19,5692018Revenue 2019: $296,348Expenses 2019: $275,223Net Income 2019: $21,1252019Revenue 2020: $348,177Expenses 2020: $288,287Net Income 2020: $59,8902020Revenue 2021: $552,926Expenses 2021: $443,847Net Income 2021: $109,0792021Revenue 2022: $851,733Expenses 2022: $866,069Net Income 2022: -$14,3362022Revenue 2023: $751,304Expenses 2023: $794,769Net Income 2023: -$43,4652023Revenue 2024: $953,417Expenses 2024: $943,937Net Income 2024: $9,4802024

Highlighted filing

2021

Revenue$552,926
Expenses$443,847
Net Income$109,079
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 16, 2022
Return Version
2021v4.0
Gross Receipts
$552,926
Mission and Program Overview

Mission

To Create a Community of Working Individuals of commensurate interests concerning cinema, its histories, its practices, its technologies and its possibilities. This is a community broadly appreciative of the cinematic art-form and its variant spanning generations. It is hoped that Mono No Aware will constitute a haven and a resource for the exploration, practice and preservation of the cinematic arts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$135,344$244,423▲ $109,079
Savings and Temporary Cash Investments$26,057$176,065▲ $150,008
Cash and Non-Interest-Bearing Accounts$177,104$137,437▼ $39,667
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$203,162$313,502▲ $110,340
Other Assets Total$1$0▼ $1
Liabilities
Unsecured Notes Loans Payable$67,700$67,700→ $0
Accounts Payable and Accrued Expenses$118$1,379▲ $1,261
Total Liabilities$67,818$69,079▲ $1,261
Net Assets / Fund Balance
Total Net Assets Fund Balance$135,344$244,423▲ $109,079
Total Liabilities and Net Assets / Fund Balance$203,162$313,502▲ $110,340
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Steve CossmanDirectorFT$55,000$55,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$89,747
Program Service Revenue
$463,171
Investment Income
$0
Other Revenue
$8
All Other Contributions
$65,247
Change in Net Assets
$109,079
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$384,692
Salaries, Compensation, and Employee Benefits$59,155
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$36,667$18,333-$55,000
All Other Expenses$33,087$18,161-$51,248
Occupancy$18,779$18,778-$37,557
Office Expenses-$23,100-$23,100
Other Expenses$10,397$11,429-$10,397
Travel$2,361$2,362-$4,723
Information Technology-$4,546-$4,546
Payroll Taxes$2,770$1,385-$4,155
Fees for Services Accounting-$3,500-$3,500
Advertising-$2,177-$2,177
Insurance-$2,005-$2,005
Total Functional Expenses$328,197$115,650$0$443,847
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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, Part VI, Line 11B: Form 990 Review Process

The Treasurer and Executive Director review the 990 before filing and a copy is provided to the full Board.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The Treasurer and Executive Director review the 990 before filing and a copy is provided to the full Board.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Mono No Aware Inc
EIN
46-4573533
Phone
2674561143
Address
302 Bedford Avenue 303, Brooklyn, NY 11249

Signing Officer

Name
Steve Cossman
Title
Executive Director
Signed
2022-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Cossman
Formed
2016
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
1
Volunteers
5

Preparer

Firm
Maureen Cross
Address
165 West 83rd Street, New York, NY 10024
Preparer
Maureen Cross
Phone
6468414331
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Equipment Access & Equipment Preservation OTHER PROGRAM SERVICES 5: Lab Services OTHER PROGRAM SERVICES 6: Book Sales

Form 990, Part IX, Line 24E: Other Expenses

CGS Book Sales: Column (A) - Total = $722; Column (B) - Program Services = $722; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

CGS Eqmnt Preserv. Materials: Column (A) - Total = $5888; Column (B) - Program Services = $5888; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

CGS Lab Service Expenses: Column (A) - Total = $8844; Column (B) - Program Services = $8844; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Charitable Contributions: Column (A) - Total = $2487; Column (B) - Program Services = $0; Column (C) - Management & General = $2487; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Chemistry: Column (A) - Total = $3430; Column (B) - Program Services = $3430; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Equipment Rental Costs: Column (A) - Total = $2091; Column (B) - Program Services = $2091; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Equipment: Column (A) - Total = $2388; Column (B) - Program Services = $2388; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Instructor Fees: Column (A) - Total = $7580; Column (B) - Program Services = $7580; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

M&E: Column (A) - Total = $9481; Column (B) - Program Services = $1000; Column (C) - Management & General = $8481; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Other: Column (A) - Total = $207; Column (B) - Program Services = $0; Column (C) - Management & General = $207; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Paypal Processing Fees: Column (A) - Total = $6986; Column (B) - Program Services = $0; Column (C) - Management & General = $6986; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Production & Supplies Cost: Column (A) - Total = $1144; Column (B) - Program Services = $1144; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

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IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt024116
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IRS990/ProgSrvcAccomActy3Grp/Desc0Workshops - MONO NO AWARE organizes affordable workshops in traditional filmmaking for the public. All ages, Accessible and open to the public, these instructional sessions are offered below hard cost thanks to partnerships, sponsorships and grant support. In 2021 we were able to re-open our doors in the Fall to offer nearly 30 live in person workshops in Brooklyn to over 200 participants in a reduced capacity over two months. We also offered FREE streaming seminars, lectures and demonstrations to thousands of viewers. The in-person workshop experience is all inclusive with film material, equipment access, developing and scanning lab services done in-house at our preservation lab, Online streaming sessions were offered for free with the option to donate for materials to be shipped with zero contact through the mail to our community members. At the end of each September and October ALL the films premiere on film projected in a free screening program hosted by Anthology Film Archives. The films are also available digitally through our Vimeo page. We teach off-site workshops as well, in 2021 we provided ZOOM learning sessions with Duke University, Lafayette College,and a special film intensive with a new artist run lab in Portugal started by one of our former workshop participants from 2019. These initiatives foster an appreciation for the moving image art form
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: Equipment Access & Equipment Preservation OTHER PROGRAM SERVICES 5: Lab Services OTHER PROGRAM SERVICES 6: Book Sales
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Treasurer and Executive Director review the 990 before filing and a copy is provided to the full Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Treasurer and Executive Director review the 990 before filing and a copy is provided to the full Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CGS Book Sales: Column (A) - Total = $722; Column (B) - Program Services = $722; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CGS Eqmnt Preserv. Materials: Column (A) - Total = $5888; Column (B) - Program Services = $5888; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CGS Lab Service Expenses: Column (A) - Total = $8844; Column (B) - Program Services = $8844; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Charitable Contributions: Column (A) - Total = $2487; Column (B) - Program Services = $0; Column (C) - Management & General = $2487; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Chemistry: Column (A) - Total = $3430; Column (B) - Program Services = $3430; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Equipment Rental Costs: Column (A) - Total = $2091; Column (B) - Program Services = $2091; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Equipment: Column (A) - Total = $2388; Column (B) - Program Services = $2388; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Instructor Fees: Column (A) - Total = $7580; Column (B) - Program Services = $7580; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12M&E: Column (A) - Total = $9481; Column (B) - Program Services = $1000; Column (C) - Management & General = $8481; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Other: Column (A) - Total = $207; Column (B) - Program Services = $0; Column (C) - Management & General = $207; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Paypal Processing Fees: Column (A) - Total = $6986; Column (B) - Program Services = $0; Column (C) - Management & General = $6986; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Production & Supplies Cost: Column (A) - Total = $1144; Column (B) - Program Services = $1144; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d: Other Program Services Description
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e: Other Expenses
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