Civic Intelligence

National Comedy Center Operator Inc.

990 • Fiscal year 2018 • EIN 82-0774057

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 12, 2019

Organization ProfileCOMEDYCENTER.ORG
2 West Third StreetJamestown, NY 14701

(716) 484-0800

Siviq Scores

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

Liabilities / Assets

86th percentile

0.78x

Higher debt load relative to assets than 86% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

90th percentile

3.04x

Higher debt load relative to revenue than 90% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Net Margin

95th percentile

66%

Higher net margin than 95% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

17th percentile

$130,633

Higher top officer pay than 17% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Asset Growth

55th percentile

3.5%

Faster asset growth than 55% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

98th percentile

287%

Faster revenue growth than 98% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$28,871,408

Up $966,868 (+3.5%) from 2017

Net Assets

Up

$6,392,135

Up $4,880,588 (+323%) from 2017

Liabilities

Down

$22,479,273

Down $3,913,720 (-15%) from 2017

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin95th percentile

Revenue

Up

$7,382,851

Up $5,476,160 (+287%) from 2017

Expenses

Up

$2,502,262

Up $2,107,118 (+533%) from 2017

Net Income

Up

$4,880,589

Up $3,369,042 (+223%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

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

$30M$20M$10M$0-$10MAssets 2017: $27,904,540Liabilities 2017: $26,392,993Net Assets 2017: $1,511,5472017Assets 2018: $28,871,408Liabilities 2018: $22,479,273Net Assets 2018: $6,392,1352018Assets 2019: $27,242,253Liabilities 2019: $22,586,835Net Assets 2019: $4,655,4182019Assets 2020: $25,921,176Liabilities 2020: $22,936,435Net Assets 2020: $2,984,7412020Assets 2021: $24,581,570Liabilities 2021: $23,046,453Net Assets 2021: $1,535,1172021Assets 2022: $23,972,241Liabilities 2022: $23,012,639Net Assets 2022: $959,6022022Assets 2023: $22,122,589Liabilities 2023: $22,882,733Net Assets 2023: -$760,1442023Assets 2024: $20,243,522Liabilities 2024: $414,439Net Assets 2024: $19,829,0832024

Highlighted filing

2018

Assets$28,871,408
Liabilities$22,479,273
Net Assets$6,392,135
Open 2018 Filing

Operations Trend

Revenue Growth98th percentile

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

$30M$20M$10M$0-$10MRevenue 2017: $1,906,691Expenses 2017: $395,144Net Income 2017: $1,511,5472017Revenue 2018: $7,382,851Expenses 2018: $2,502,262Net Income 2018: $4,880,5892018Revenue 2019: $2,393,602Expenses 2019: $4,130,319Net Income 2019: -$1,736,7172019Revenue 2020: $1,968,343Expenses 2020: $3,639,020Net Income 2020: -$1,670,6772020Revenue 2021: $2,926,105Expenses 2021: $4,375,729Net Income 2021: -$1,449,6242021Revenue 2022: $5,147,483Expenses 2022: $5,722,997Net Income 2022: -$575,5142022Revenue 2023: $3,479,455Expenses 2023: $5,199,201Net Income 2023: -$1,719,7462023Revenue 2024: $25,804,935Expenses 2024: $5,215,708Net Income 2024: $20,589,2272024

Highlighted filing

2018

Revenue$7,382,851
Expenses$2,502,262
Net Income$4,880,589
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 12, 2019
Return Version
2018v3.1
Gross Receipts
$7,532,139
Mission and Program Overview

Mission

The mission of the national comedy center is to provide education on the comedic arts in the form of commentary and contextualization of its bodies of work, telling the vital story of comedy in america across all eras and genres of the art form. As a non-profit cultural institution, the museum celebrates comedy's great minds and unique voices, while providing an examination of the time-honed creative processes that have elevated comedy to an art.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$0$27,362,735▲ $27,362,735
Savings and Temporary Cash Investments$8,022,237$962,511▼ $7,059,726
Intangible Assets$190,359$197,804▲ $7,445
Inventories for Sale or Use-$142,533-
Cash and Non-Interest-Bearing Accounts$14,618$136,089▲ $121,471
Accounts Receivable-$44,633-
Prepaid Expenses and Deferred Charges-$25,103-
Total Assets$27,904,540$28,871,408▲ $966,868
Other Assets Total$19,677,326$0▼ $19,677,326
Liabilities
Mortgage Notes Payable Secured by Investment Property$22,154,700$22,188,105▲ $33,405
Accounts Payable and Accrued Expenses$4,238,293$163,374▼ $4,074,919
Unsecured Notes Loans Payable-$127,794-
Total Liabilities$26,392,993$22,479,273▼ $3,913,720
Net Assets / Fund Balance
Unrestricted Net Assets$1,511,547$6,392,135▲ $4,880,588
Total Net Assets Fund Balance$1,511,547$6,392,135▲ $4,880,588
Total Liabilities and Net Assets / Fund Balance$27,904,540$28,871,408▲ $966,868

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$17,976,323$193,272-
Equipment$9,386,412$408,438-
Compensation and Service Providers
Top Officer Pay17th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Journey GundersonExecutive DirectorFT$130,633$130,633

Board Members and Trustees

NameTitle
George PanebiancoPresident
Louis DeppasVice President
Bill StevensonDirector
Holly SullivanDirector
Jon AlbroDirector
Michael CalimeriDirector
Cindy AronsonSecretary
Mike LatoneTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Herzog & CompanyMarketing & Programming4640 LANKERSHIM BLVD SUITE 400, North Hollywood, CA 91602$2,883,957
Ee Austin & Son INCConstruction1919 REED STREET, Erie, PA 16503$2,252,852
Cortina Productions INCMultimedia1651 OLD MEADOW ROAD SUITE 400, Mclean, VA 22102$1,862,057
Adirondack Scenic INCDesign Solutions439 COUNTRY ROUTE 45, Argyle, NY 12809$1,829,590
Ahlstrom Schaeffer Electric INCConstruction46 HOPKINS AVENUE, Jamestown, NY 14701$504,443
Revenue and Support

Revenue Composition

Contributions and Grants
$6,996,236
Program Service Revenue
$405,208
Investment Income
$0
Other Revenue
$-18,593
All Other Contributions
$2,890
Change in Net Assets
$4,880,589

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,382,851
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$7,382,851
Total Revenue per Form 990
$7,382,851
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,655,230
Salaries, Compensation, and Employee Benefits$847,032
Total Fundraising Expense$154,507
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$292,658$302,248$67,500$662,406
Depreciation Depletion$615,705--$615,705
Occupancy$253,493$15,317$80,365$349,175
Fees for Services Legal$148,492$16,499-$164,991
Fees for Services Accounting$129,150$14,350-$143,500
Interest$98,548$10,950-$109,498
Current Officers, Directors, Trustees, and Key Employees$101,600--$101,600
Advertising$73,153--$73,153
Payroll Taxes$15,016$36,150$4,449$55,615
Insurance$33,331$3,703-$37,034
Pension Plan Contributions$4,270$10,279$1,265$15,814
All Other Expenses$12,304$1,368-$13,672
Other Employee Benefits$3,132$7,537$928$11,597
Other Expenses$8,901$989-$9,890
Office Expenses$7,761$862-$8,623
Information Technology$6,411$606-$7,017
Travel$5,944$660-$6,604
Total Functional Expenses$1,919,443$428,312$154,507$2,502,262

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,502,263
Total Expenses per Audited Statements$2,502,263
Total Expenses per Form 990$2,502,263
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 is presented to the board of directors by the certified public accountant(s) that prepared the form. The form 990 is reviewed by the board of directors and formally approved prior to filing.”

Form 990, Part VI, Section B, Line 12C

“The conflict of interest policy is reviewed by the board of directors on a regular basis. When a conflict of interest is identified, a person who has a conflict of interest shall not participate in or be permitted to hear the board's discussion of the matter except to disclose material facts and to respond to questions. In addition, a person who has a conflict of interest with respect to a contract or transaction may not vote on the contract or transaction and shall not be present in the meeting room when the vote is taken.”

Form 990, Part VI, Section C, Line 18

“Form 990 is posted on guidestar for public to view”

Form 990, Part VI, Section C, Line 19

“Documents are not for public viewing”

Filing and Contact Details

Filer

Filer Name
National Comedy Center Operator Inc
EIN
82-0774057
Phone
7164840800
Address
2 WEST THIRD STREET, JAMESTOWN, NY 14701

Signing Officer

Name
George Panebianco
Title
President
Phone
7164840800
Signed
2019-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
George Panebianco
Formed
2017
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
46
Volunteers
50

Preparer

Firm
Novogradac & Company Llp
Address
3025 NORTH WOOSTER AVE, DOVER, OH 44622
Preparer
David L Conway
Phone
3303655400
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization has an audit committee that assumes responsibility for oversight of the audit and selection of independent accountant.”

Financial Statement Notes

PART III, LINE 1A:

“Purchases for collections are recorded as expenditures for the acquisition of memorabilia in the statement of activities in the year in which the memorabilia acquired. Collections are open to the public, kept in a manner which protects the collection and if the collections are sold, if allowable by the donor agreement, the organization will reinvest the proceeds into other collections. In keeping with standard museum practice, the collections, which were acquired via purchases and contributions, are not recognized as assets on the statement of financial position.”

PART X, LINE 2:

“Ncco is exempt from federal income taxes under internal revenue code section 501(c)(3) and from new york income state income taxes. The preparation of financial statements in accordance with accounting principles generally accepted in the united states of america requires the organization to report information regarding its exposure to various tax positions taken by the organization. The organization has determined whether any tax positions have met the recognition threshold and has measured the organization's exposure to those tax positions. Management believes that the organization has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities. Federal and state tax authorities generally have the right to examine and audit the previous three years of tax returns filed. Any interest or penalties assessed to the organization are recorded in operating expenses. No interest or penalties from federal or state tax authorities were recorded in the accompanying financial statements.”

Raw XML AppendixShowing 400 of 541 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0606
IRS990/InformationTechnologyGrp/ProgramServicesAmt06411
IRS990/InformationTechnologyGrp/TotalAmt07017
IRS990/InsuranceGrp/ManagementAndGeneralAmt03703
IRS990/InsuranceGrp/ProgramServicesAmt033331
IRS990/InsuranceGrp/TotalAmt037034
IRS990/IntangibleAssetsGrp/BOYAmt0190359
IRS990/IntangibleAssetsGrp/EOYAmt0197804
IRS990/InterestGrp/ManagementAndGeneralAmt010950
IRS990/InterestGrp/ProgramServicesAmt098548
IRS990/InterestGrp/TotalAmt0109498
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0142533
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0601710
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt027362735
IRS990/LandBldgEquipCostOrOtherBssAmt027964445
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0120865
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE NATIONAL COMEDY CENTER IS TO PROVIDE EDUCATION ON THE COMEDIC ARTS IN THE FORM OF COMMENTARY AND CONTEXTUALIZATION OF ITS BODIES OF WORK, TELLING THE VITAL STORY OF COMEDY IN AMERICA ACROSS ALL ERAS AND GENRES OF THE ART FORM. AS A NON-PROFIT CULTURAL INSTITUTION, THE MUSEUM CELEBRATES COMEDY'S GREAT MINDS AND UNIQUE VOICES, WHILE PROVIDING AN EXAMINATION OF THE TIME-HONED CREATIVE PROCESSES THAT HAVE ELEVATED COMEDY TO AN ART.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt022154700
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt022188105
IRS990/NetAssetsOrFundBalancesBOYAmt01511547
IRS990/NetAssetsOrFundBalancesEOYAmt06392135
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-18944
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-18944
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt080365
IRS990/OccupancyGrp/ManagementAndGeneralAmt015317
IRS990/OccupancyGrp/ProgramServicesAmt0253493
IRS990/OccupancyGrp/TotalAmt0349175
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0862
IRS990/OfficeExpensesGrp/ProgramServicesAmt07761
IRS990/OfficeExpensesGrp/TotalAmt08623
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt019677326
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0928
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07537
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03132
IRS990/OtherEmployeeBenefitsGrp/TotalAmt011597
IRS990/OtherExpensesGrp/Desc0PROJECT MANAGEMENT
IRS990/OtherExpensesGrp/Desc1GRAND OPENING EXPENSE
IRS990/OtherExpensesGrp/Desc2PROFESSIONAL FEES
IRS990/OtherExpensesGrp/Desc3OPERATIONAL EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11794
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2989
IRS990/OtherExpensesGrp/ProgramServicesAmt045000
IRS990/OtherExpensesGrp/ProgramServicesAmt148432
IRS990/OtherExpensesGrp/ProgramServicesAmt216142
IRS990/OtherExpensesGrp/ProgramServicesAmt38901
IRS990/OtherExpensesGrp/TotalAmt050000
IRS990/OtherExpensesGrp/TotalAmt148432
IRS990/OtherExpensesGrp/TotalAmt217936
IRS990/OtherExpensesGrp/TotalAmt39890
IRS990/OtherRevenueMiscGrp/BusinessCd0713990
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0351
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0351
IRS990/OtherRevenueTotalAmt0351
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt067500
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0302248
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0292658
IRS990/OtherSalariesAndWagesGrp/TotalAmt0662406
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt04449
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt036150
IRS990/PayrollTaxesGrp/ProgramServicesAmt015016
IRS990/PayrollTaxesGrp/TotalAmt055615
IRS990/PensionPlanContributionsGrp/FundraisingAmt01265
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt010279
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04270
IRS990/PensionPlanContributionsGrp/TotalAmt015814
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt025103
IRS990/PrincipalOfficerNm0GEORGE PANEBIANCO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/BusinessCd1713990
IRS990/ProgramServiceRevenueGrp/Desc0ADMISSIONS AND TOURS
IRS990/ProgramServiceRevenueGrp/Desc1FESTIVAL PROGRAMMING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0365910
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt139298
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0365910
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt139298
IRS990/ProgSrvcAccomActy2Grp/Desc0GIFT SHOP
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt077947
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0130344
IRS990/ProgSrvcAccomActy3Grp/Desc0COMEDY SHOWS
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt071341
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0365910
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01906691
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0334132
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01511547
IRS990/PYSalariesCompEmpBnftPaidAmt061012
IRS990/PYTotalExpensesAmt0395144
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01906691
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt04880589
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt06872481
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt08022237
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0962511
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt06872481
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt01906691
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt08779172
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt06996236
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01906691
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt08902927
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0535552
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0535552
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0351
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0351
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0659307
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt06872481
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt01906691
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt08779172
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt07531788
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01906691
IRS990ScheduleA/Total509Grp/TotalAmt09438479
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt07532139
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01906691
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt09438830
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt017976323
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0193272
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt018169595
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt09386412
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0408438
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt09794850
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02502263
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07382851
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PURCHASES FOR COLLECTIONS ARE RECORDED AS EXPENDITURES FOR THE ACQUISITION OF MEMORABILIA IN THE STATEMENT OF ACTIVITIES IN THE YEAR IN WHICH THE MEMORABILIA ACQUIRED. COLLECTIONS ARE OPEN TO THE PUBLIC, KEPT IN A MANNER WHICH PROTECTS THE COLLECTION AND IF THE COLLECTIONS ARE SOLD, IF ALLOWABLE BY THE DONOR AGREEMENT, THE ORGANIZATION WILL REINVEST THE PROCEEDS INTO OTHER COLLECTIONS. IN KEEPING WITH STANDARD MUSEUM PRACTICE, THE COLLECTIONS, WHICH WERE ACQUIRED VIA PURCHASES AND CONTRIBUTIONS, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1NCCO IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND FROM NEW YORK INCOME STATE INCOME TAXES. THE PREPARATION OF FINANCIAL STATEMENTS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE ORGANIZATION TO REPORT INFORMATION REGARDING ITS EXPOSURE TO VARIOUS TAX POSITIONS TAKEN BY THE ORGANIZATION. THE ORGANIZATION HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAS MEASURED THE ORGANIZATION'S EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS OF TAX RETURNS FILED. ANY INTEREST OR PENALTIES ASSESSED TO THE ORGANIZATION ARE RECORDED IN OPERATING EXPENSES. NO INTEREST OR PENALTIES FROM FEDERAL OR STATE TAX AUTHORITIES WERE RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 1A:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt027362735
IRS990ScheduleD/TotalExpensesPerForm990Amt02502263
IRS990ScheduleD/TotalRevenuePerForm990Amt07382851
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07382851
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02502263
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$28,871,408
Liabilities
$22,479,273
Net assets
$6,392,135
Revenue
$7,382,851
Expenses
$2,502,262
Net income
$4,880,589
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$20.2$0.41$19.8$25.8$5.22$20.6
2023Detailed filing. Detailed filing data is available for this year.$22.1$22.9$0.76$3.48$5.20$1.72
2022Detailed filing. Detailed filing data is available for this year.$24.0$23.0$0.96$5.15$5.72$0.58
2021Detailed filing. Detailed filing data is available for this year.$24.6$23.0$1.54$2.93$4.38$1.45
2020Detailed filing. Detailed filing data is available for this year.$25.9$22.9$2.98$1.97$3.64$1.67
2019Detailed filing. Detailed filing data is available for this year.$27.2$22.6$4.66$2.39$4.13$1.74
2018Detailed filing. Detailed filing data is available for this year.$28.9$22.5$6.39$7.38$2.50$4.88
2017Summary only. Only limited summary data is available for this year.$27.9$26.4$1.51$1.91$0.40$1.51