2024-11-15T11:32:56-06:00 2023-12-31 943108253 NOVOGRADAC & COMPANY LLP 3025 NORTH WOOSTER AVENUE DOVER OH 44622 990 2023-01-01 412030241 NATIONAL COMEDY CENTER INC NATI 7164840800 PO BOX 69 2 W 3RD STREET JAMESTOWN NY 14701 TOM BENSON PRESIDENT 7164840800 2024-11-15 1 1 THOMAS FANTIN P00839993 3303655400 2023 2024-10-15 13:58:12Z TOM BENSON PO BOX 69 2 W 3RD STREET JAMESTOWN NY 14701 2892237 0 X LUCY-DESI.COM X 2002 NY THE MISSION OF THE LUCILLE BALL DESI ARNAZ MUSEUM, A NON-PROFIT EDUCATIONAL INSTITUTION, IS TO CELEBRATE THE INSPIRING LIVES AND ENDURING LEGACIES OF PIONEERING ARTISTS, INNOVATORS, AND LEADERS LUCILLE BALL AND DESI ARNAZ, WHOSE CONTRIBUTIONS HAVE SHAPED OUR SHARED CULTURAL HERITAGE AND CHARTED A COURSE FOR AMERICAN ENTERTAINMENT HISTORY. THE MUSEUM, LOCATED IN BALL'S HOMETOWN OF JAMESTOWN, NY, HAS BEEN A COMMUNITY ANCHOR AND ENGINE FOR THE DEVELOPMENT OF THE COMEDIC ARTS FOR OVER 25 YEARS.IN 2018, THE LUCY DESI MUSEUM'S MISSION WAS BROADENED WITH THE OPENING OF THE NEARBY NATIONAL COMEDY CENTER, WHICH OPERATES IN FULFILLMENT OF LUCILLE BALL'S VISION THAT HER HOMETOWN BECOME A DESTINATION FOR THE CELEBRATION OF COMEDY --IN ALL ITS FORMS. VISITORS TO JAMESTOWN, NY ARE INSPIRED, EDUCATED, AND ENTERTAINED BY BOTH OF THESE ATTRACTIONS, AS WELL AS THE ANNUAL LUCILLE BALL COMEDY FESTIVAL, WHICH PRESENTS EDUCATIONAL PROGRAMMING AND PERFORMANCES BY RISING ARTISTS AND COMEDY LEGENDS ALIKE. 9 9 61 200 0 0 1643273 934345 979688 1079079 309001 322857 315891 325514 3247853 2661795 2956515 1099274 0 0 509659 569117 0 0 72222 1428136 1419711 4894310 3088102 -1646457 -426307 20303343 4075098 6419047 6579366 13884296 -2504268 X THE MISSION OF THE LUCILLE BALL DESI ARNAZ MUSEUM, A NON-PROFIT EDUCATIONAL INSTITUTION, IS TO CELEBRATE THE INSPIRING LIVES AND ENDURING LEGACIES OF PIONEERING ARTISTS, INNOVATORS, AND LEADERS LUCILLE BALL AND DESI ARNAZ, WHOSE CONTRIBUTIONS HAVE SHAPED OUR SHARED CULTURAL HERITAGE AND CHARTED A COURSE FOR AMERICAN ENTERTAINMENT HISTORY. THE MUSEUM, LOCATED IN BALL'S HOMETOWN OF JAMESTOWN, NY, HAS BEEN A COMMUNITY ANCHOR AND ENGINE FOR THE DEVELOPMENT OF THE COMEDIC ARTS FOR OVER 25 YEARS.IN 2018, THE LUCY DESI MUSEUM'S MISSION WAS BROADENED WITH THE OPENING OF THE NEARBY NATIONAL COMEDY CENTER, WHICH OPERATES IN FULFILLMENT OF LUCILLE BALL'S VISION THAT HER HOMETOWN BECOME A DESTINATION FOR THE CELEBRATION OF COMEDYIN ALL ITS FORMS. VISITORS TO JAMESTOWN, NY ARE INSPIRED, EDUCATED, AND ENTERTAINED BY BOTH OF THESE ATTRACTIONS, AS WELL AS THE ANNUAL LUCILLE BALL COMEDY FESTIVAL, WHICH PRESENTS EDUCATIONAL PROGRAMMING AND PERFORMANCES BY RISING ARTISTS AND COMEDY LEGENDS ALIKE. 0 0 1321028 1099274 431664 MAINTAIN AND PRESERVE THE LUCILLE BALL DESI ARNAZ MUSEUM THAT EXPLORES THE LIVES, CAREERS AND LEGACY OF THE "FIRST COUPLE OF COMEDY, AND THE INCREDIBLE IMPACT THEY HAD ON THE WORLD. 1099274 THE LUCY DESI MUSEUM OFFICIAL SHOP: EVERY PURCHASE DIRECTLY SUPPORTS THE LEGACIES OF LUCILLE BALL AND DESI ARNAZ. 54180 LUCILLE BALL COMEDY FESTIVAL. THE PROGRAM CELEBRATES THE COMEDIC ARTS AND SHOWCASES TALENT FROM AROUND THE COUNTRY. VISITORS COME TOGETHER TO SHARE LAUGHTER WHILE HONORING THE CRAFT AND COMEDIC TALENT SHOWCASED. 2474482 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 29 0 61 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X ROCHELLE MOLE 7164840800 PO BOX 69 2 W 3RD STREET JAMESTOWN NY 14701 GEORGE PANEBIANCO MEMBER 5.00 X 0 0 0 LOUIS DEPPAS MEMBER 5.00 X 0 0 0 MICHAEL LATONE TREASURER 5.00 X X 0 0 0 CINDY ARONSON SECRETARY 5.00 X X 0 0 0 JEROME LEE YAW MEMBER 5.00 X 0 0 0 HOLLY SULLIVAN VICE PRESIDENT 5.00 X X 0 0 0 TOM BENSON PRESIDENT 5.00 X X 0 0 0 JON ALBRO MEMBER 5.00 X 0 0 0 SARAH DEMINK MEMBER 5.00 X 0 0 0 JOURNEY GUNDERSON EXECUTIVE DIRECTOR 8.00 32.00 X 151948 37987 23622 151948 37987 23622 5 0 1 0 0 1621 19802 912922 934345 SPECIAL EVENTS 713990 647415 647415 ADMISSIONS AND TOURS 713990 431664 431664 1079079 265188 265188 1 0 1 1 1 57669 0 57669 57669 57669 428559 230442 198117 198117 MISCELLANEOUS 713990 127396 127396 127396 2661795 1404592 0 322858 1099274 1099274 151948 18234 92688 41026 354417 117096 218903 18418 9910 2649 6098 1163 17284 4619 10636 2029 35558 9503 21881 4174 31097 31097 250480 250480 22579 10686 6921 4972 12617 7173 5444 18525 15314 3211 3125 1562 1563 263672 148492 115180 49405 43933 5472 23414 11707 11707 FESTIVAL PROGRAMMING 545953 545953 EXHIBIT, CONTENT AND FA 83520 79926 3594 GATEWAY PARK DEVELOPMEN 54180 54180 ENDOWMENT EXPENSE 23262 23262 37882 30439 7003 440 3088102 2474482 541398 72222 97019 48732 91514 126142 57563 4100 16208194 0 79468 60706 8043 8612 2252622 883567 1417835 1369055 1557426 1752684 786281 705067 20303343 4075098 136109 147267 2500 0 5482260 5699604 798178 732495 6419047 6579366 X 12402824 -4199780 1481472 1695512 13884296 -2504268 20303343 4075098 X -426307 118143 -16080400 X X 0 1 X 1 0 X 1762405 1429776 1898260 1643273 934345 7668059 1849819 278827 702288 1432472 1507638 5771044 3612224 1708603 2600548 3075745 2441983 13439103 0 0 0 13439103 275258 250183 257126 262581 265189 1310337 275258 250183 257126 262581 265189 1310337 47877 30224 333213 204038 185065 800417 3935359 1989010 3190887 3542364 2892237 15549857 0.86430 0.93290 0.08430 0.04550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 1557426 45251 214745 -53712 -11026 1752684 1740389 130876 -264082 -32806 -16951 1557426 1365265 149695 261314 -18827 -17058 1740389 1030542 194974 165943 -26194 1365265 632124 220768 158670 -18980 1030542 1.00000 0 0 177543 177543 1777508 595776 1181732 297571 287791 9780 1369055 RIGHT OF USE ASSET 705067 705067 RIGHT OF USE LIABILITY 732495 732495 X 2779938 118143 118143 2661795 0 2661795 3088102 0 3088102 0 3088102 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 IS 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: NCCI IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND FROM NEW YORK INCOME STATE INCOME TAXES. 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. 0 NATIONAL COMEDY CENTER OPERATOR INC PO BOX 69 2 W 3RD ST JAMESTOWN NY 14701 820774057 501(C)(3) 1099274 0 N/A CHARITABLE CONTRIBUTION 0 0 0 0 0 0 0 0 0 JOURNEY GUNDERSON EXECUTIVE DIRECTOR 151948 37987 0 0 0 0 0 23622 0 0 151948 61609 0 0 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 B, LINE 15 ANNUAL COMPENSATION AND BENEFITS ARE REVIEWEDED BY THE EXECUTIVE COMMITTEE WITH FINAL APPROVAL BY THE BOARD OF DIRECTORS. 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 FORM 990, PART XI, LINE 9: CURRENT EXPECTED CREDIT LOSSES -16,080,400. 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. NATIONAL COMEDY CENTER OPERATOR INC PO BOX 69 2 W 3RD ST JAMESTOWN NY 14701 820774057 TO PROMOTE AND DEVELOP COMEDY AS AN ART FORM. NY 501(C)(3) LINE 10 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 NATIONAL COMEDY CENTER OPERATOR INC B 1099274 CASH NATIONAL COMEDY CENTER OPERATOR INC O 1675026 CASH