2023-11-14T09:06:37-08:00 2022-12-31 161162269 Brown & Company LLP 4992 Sweet Home Road Niagara Falls NY 14305 990 2022-01-01 141828590 THE NIAGARA ARTS AND CULTURAL CENTER INC NIAG 7162827530 1201 PINE AVENUE NIAGARA FALLS NY 14301 Mary Ricciardi President 2023-11-14 true Mary Ricciardi 999009999 true STEVEN H BROWN CPA P00296323 7162988000 X 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Mary Ricciardi 505970 false X www.thenacc.org X 2001 NY TO PROTECT THE LANDMARK BUILDING, PRESERVE CULTURAL HERITAGE, AND PROMOTE ARTS AND CULTURAL EXPERIENCES. 11 11 17 150 0 230402 245342 231330 236565 31 25 -6469 -25154 455294 456778 0 0 168879 271162 0 115453 262718 312583 431597 583745 23697 -126967 1810752 1642539 522313 481067 1288439 1161472 TO PROTECT THE LANDMARK BUILDING, PRESERVE CULTURAL HERITAGE, AND PROMOTE ARTS AND CULTURAL EXPERIENCES. false false 347141 THE NIAGARA ARTS AND CULTURAL CENTER, INC. PROVIDES FOR AN ARTS, CULTURAL AND COMMUNITY LEARNING CENTER IN NIAGARA FALLS, NEW YORK. THE MULTI-FACETED MISSION OF THE CENTER INCLUDES: OFFERING ON-GOING ARTS AND CULTURAL EDUCATION IN THE COMMUNITY; SERVING AS A VIABLE CULTURAL TOURIST DESTINATION; PRESERVATION AND UTILIZATION OF OUR HISTORIC, LANDMARK BUILDING; PROVIDING AFFORDABLE STUDIO AND OFFICE SPACE TO AREA ARTISTS AND ART GROUPS; MAKING A WIDE VARIETY OF ARTISTIC AND CULTURAL PRESENTATIONS ACCESSIBLE TO THE COMMUNITY; AND, SERVING AS A GATHERING PLACE FOR COMMUNITY EVENTS AND GROUPS. 347141 true true false false false false false false false false true false false false true true true false false false false false false false true false false false false false false false false true false false false false false false false false false false false false false true 33 0 true 17 true false false false false false false false 0 false false false false false false false X 11 11 false false false false false false false true true false false false true true true false false true false false NY X KEVIN LEARY EXEC DIRECTOR 7162827530 1201 PINE AVENUE NIAGARA FALLS NY 14301 X BRIAN FUSS PHD EXECUTIVE DIRECTOR 40.00 0.00 42692 0 0 MARY RICCIARDI President 5.00 0.00 X X 0 0 0 ROSEMARY CONTE Vice President 3.00 0.00 X X 0 0 0 DEBORAH CUTLER Treasurer 3.00 0.00 X X 0 0 0 JENNIFER MUNDY Secretary 3.00 0.00 X X 0 0 0 PATRICIA FREDERICK Director 1.00 0.00 X 0 0 0 ROBERT GIANNETTI PHD Director 1.00 0.00 X 0 0 0 NORMA HIGGS NON-VOTING Dir Emeritus 1.00 0.00 X 0 0 0 EDWARD PERLMAN Director 1.00 0.00 X 0 0 0 KENNETH ROWE Director 1.00 0.00 X 0 0 0 EDITH SANFILIPPO Director 1.00 0.00 X 0 0 0 WILLIAM SPRINGER Director 1.00 0.00 X 0 0 0 JUDITH TEDEROUS Director 1.00 0.00 X 0 0 0 LOUIS TOWNSEND NON-VOTING Dir Emeritus 1.00 0.00 X 0 0 0 42692 0 false false false 0 60000 185342 245342 MISCELLANEOUS 3136 3136 RENTAL INCOME 233429 233429 236565 25 25 0 0 0 0 24038 49192 -25154 -25154 0 0 0 456778 236565 -25129 0 0 0 0 42692 21346 10673 10673 0 203641 101821 50910 50910 0 3142 1570 786 786 21687 10843 5422 5422 0 0 3802 3802 0 0 0 0 8501 4251 2125 2125 14070 7034 3518 3518 0 0 132027 112223 10562 9242 0 0 983 491 246 246 2521 2521 0 59132 29566 14783 14783 6545 3273 1636 1636 REPAIRS AND MAINTENANCE 38065 19033 9516 9516 CLASS EXPENSES 8907 8907 ART GALLERY EXPENSES 8249 8249 CONTRACTED SERVICES 8081 4041 2020 2020 21700 14493 2631 4576 583745 347141 121151 115453 143919 109494 125285 125310 178365 101500 6701 10053 0 0 0 0 1604 1647 2084826 790291 1354667 1294535 0 0 0 0 211 0 1810752 1642539 108891 117837 392652 307410 20000 20000 35000 770 820 522313 481067 X 1048202 1003878 240237 157594 1288439 1161472 1810752 1642539 -126967 X false true X false false X 155067 98876 83061 230402 245342 812748 222425 230713 222859 228120 233429 1137546 0 0 0 377492 329589 305920 458522 478771 1950294 0 0 1950294 20 100 89 31 25 265 0 20 100 89 31 25 265 0 18257 21084 22427 -3259 -22018 36491 395769 350773 328436 455294 456778 1987050 0.98150 0.94720 0.00010 0.00010 X Support Schedule: Other Income Explanation Net income from special events and miscellaneous revenues related to tax-exempt purpose. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 100000 100000 333870 180318 153552 1559107 541265 1017842 30849 29033 1816 61000 39675 21325 1294535 SECURITY DEPOSITS 820 820 X 456778 456778 456778 583745 583745 583745 Part X : FIN48 Footnote ASC 740-10 (formerly FIN 48) - In June 2006, FASB issued ASC 740-10 (formerly Interpretation No. 48, Accounting for Uncertainty in Income Taxes - an interpretation of FASB Statement No. 109). ASC 740-10 provides guidance on recognition and measurements of uncertainties in income taxes recognized in financial statements by prescribing a more-likely-than-not recognition threshold and measurement attribute of tax positions taken or expected to be taken on a tax return.The Center follows the recognition requirements for uncertain tax positions as required by ASC 740-10. The Center has analyzed tax positions taken for filing with the Internal Revenue Service and all state jurisdictions where it operates. The Center believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse affect on the Organization's financial condition, results of operations or cash flows. Accordingly, the Center has not recorded any reserves, or related accruals for interest and penalties for uncertain tax positions at December 31, 2022.The Center is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Center believes it is no longer subject to income tax examinations for the years prior to 2020.The Center's policy is to classify income tax related interest and penalties in interest expense and other expenses, respectively. X X X X false OPERA EVENTS 22379 22379 28981 22379 22379 28981 28981 -6602 LOUIS TOWNSEND DIRECTOR cashflow X 20000 20000 true true true 20000 Form 990, Part VI, Section B, Line 11b FORM 990 REVIEW IS DELEGATED BY THE BOARD OF DIRECTORS TO THE FINANCE COMMITTEE, AND IS REVIEWED BY A FINANCE COMMITTEE MEMBER (OFFICER) PRIOR TO FILING. Form 990, Part VI, Section B, Line 12c CONFLICT OF INTEREST DECLARATION FORM SIGNED BY BOARD MEMBERS UPON ELECTION/APPOINTMENT TO BOARD AND ANNUALLY THEREAFTER. Form 990, Part VI, Section B, Line 15a BOARD OF DIRECTORS DETERMINES AND APPROVES COMPENSATION BASED ON BUDGET/FINANCES. Form 990, Part VI, Section C, Line 19 THE PUBLIC CAN REQUEST INFORMATION THROUGH THE ORGANIZATION'S WEBSITE - WWW.THENACC.ORG. FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.