Syracuse Area Landmark Theatre
- Assets
- $25.6m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 148
- Location
- Syracuse, NY
- Founding
- 10/1976
- Data as of
- 12/2021
- EIN
- 22-2148823
Organization Overview
Syracuse Area Landmark Theatre is located in Syracuse, NY. The organization was established in 1976. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Syracuse Area Landmark Theatre employed 148 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Syracuse Area Landmark Theatre is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Syracuse Area Landmark Theatre generated $4.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 41.2% each year . All expenses for the organization totaled $1.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVATION AND RESTORATION OF THE LOEW'S THEATRE BUILDING AS A HISTORIC AND CULTURAL LANDMARK, AND ENHANCEMENT OF THE THEATRE BY PROMOTING ARTS AND OTHER EDUCATIONAL AND CULTURAL ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVATION AND RESTORATION OF THE LOEW'S THEATRE BUILDING AS A HISTORIC AND CULTURAL LANDMARK, AND ENHANCEMENT OF THE THEATRE BY PROMOTING ARTS AND OTHER EDUCATIONAL AND CULTURAL ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Intaglietta Executive Director | Officer | 40 | $87,500 |
Colin Leonard Vice President | OfficerTrustee | 2 | $0 |
Tammy Reyes Treasurer | OfficerTrustee | 2 | $0 |
Andy Breuer President | OfficerTrustee | 3 | $0 |
Kristy Brightman Secretary | OfficerTrustee | 3 | $0 |
Kimily Torillo Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $8,447 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,835,309 |
| All other contributions, gifts, grants, and similar amounts not included above | $60,914 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,904,670 |
| Total Program Service Revenue | $618,749 |
| Investment income | $21 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $21,650 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$10,492 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $79,723 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,619,243 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $88,000 |
| Compensation of current officers, directors, key employees. | $70,400 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $491,796 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,046 |
| Payroll taxes | $51,169 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,481 |
| Office expenses | $56,104 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $181,686 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,269 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $534,016 |
| Insurance | $64,493 |
| All other expenses | $0 |
| Total functional expenses | $1,792,996 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,067,755 |
| Savings and temporary cash investments | $236,463 |
| Pledges and grants receivable | $2,000,000 |
| Accounts receivable, net | $62,152 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $17,477 |
| Prepaid expenses and deferred charges | $15,700 |
| Net Land, buildings, and equipment | $18,177,768 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $25,577,315 |
| Accounts payable and accrued expenses | $6,022,937 |
| Grants payable | $0 |
| Deferred revenue | $877,750 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $7,949,141 |
| Unsecured mortgages and notes payable | $274,110 |
| Other liabilities | $3,383,037 |
| Total liabilities | $18,506,975 |
| Net assets without donor restrictions | $6,070,340 |
| Net assets with donor restrictions | $1,000,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $25,577,315 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Syracuse Area Landmark Theatre has recieved totaling $7,505.
| Awarding Organization | Amount |
|---|---|
Downtown Committee Of Syracuse Inc Syracuse, NY PURPOSE: NY MAIN STREET FACADE IMPROVEMENTS | $7,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mann Center For The Performing Arts Philadelphia, PA | $32,818,014 | $23,395,696 |
Horace Bushnell Memorial Hall Corporation Hartford, CT | $69,994,331 | $15,110,595 |
Mccarter Theatre Company Princeton, NJ | $28,336,036 | $11,621,825 |
Count Basie Theatre Inc Red Bank, NJ | $61,930,466 | $14,783,970 |
Rochester Broadway Theatre League Inc Rochester, NY | $14,097,725 | $11,757,109 |
Celebrity Series Of Boston Boston, MA | $21,295,635 | $11,486,131 |
Arts Center And Theater Of Schenectady Inc Schenectady, NY | $59,537,808 | $17,534,824 |
Saratoga Springs Performing Arts Center Inc Saratoga Springs, NY | $31,890,328 | $10,810,263 |
Tremont Theatre Inc Boston, MA | $4,028,653 | $4,834,729 |
Stamford Center For The Arts Inc Stamford, CT | $18,714,807 | $7,026,118 |
Palace Theater Group Inc Waterbury, CT | $7,137,767 | $7,444,031 |
Strand-Capitol Performing Arts Center Inc York, PA | $13,276,794 | $10,332,110 |