2024-09-19T16:49:22-07:00 2023-12-31 990 2023-01-01 831702784 DAYTON MOVIES DAYT 9372228452 130 East Fifth Street Dayton OH 45402 Steven Budd Board Chairman 9372228452 2024-09-23 1 2023 2024-08-08 14:25:15Z The Neon Steven Budd 1821 Ruskin Rd Dayton OH 45406 720467 0 X www.neonmovies.com X 2019 OH THE NEON is a community-driven cinema where multiculturalism is revered, civic-minded missions are implemented, and regional artists are celebrated - all through the shared experience of watching films from around the world and our own backyard. 9 9 15 12 0 0 53083 135621 359398 584603 128 143 10087 100 422696 720467 0 0 0 0 205376 223813 0 0 2898 271282 353297 476658 577110 -53962 143357 809902 964405 181443 192589 628459 771816 THE NEON is a community-driven cinema where multiculturalism is revered, civic-minded missions are implemented, and regional artists are celebrated - all through the shared experience of watching films from around the world and our own backyard. 0 0 307135 0 327289 BOX OFFICE- In 2023, THE NEON movie theater sold 40,000 tickets to in-person screenings of over 70 different first run films, operating 365 days a year. These were independent, international, and documentary films. The notable quality of programming was affirmed by numerous Oscar nominations and awards. High quality viewing experience is paramount, providing state of the art laser projection and surround sound, upgraded seating, low audience disruption, and assisted devices (closed captioning, narrative description, hearing impaired). Ticket prices offered for matinee, senior, and evening general admission are lower than typical for the Dayton area. NEON Members receive $2 off general admission price. For each ticket purchased to a traditional in-person engagement, a large % royalty was paid to the film distribution company, a 2.5% commission was paid to an independent film booking agent, and a downloading or shipping cost was incurred for the delivery of the digital film content. 175979 0 178166 CONCESSIONS- In 2023, the theater's concession area continued to include a unique variety of refreshments that feature locally made favorites along side movie classics. Full Monday-Sunday liquor license and espresso bar help support the hospitality needs of THE NEON's community partnered screenings and special events. Freshly made popcorn, movie candy, and soft drinks are available at the lowest theater prices in town. Featured local offerings include gourmet coffee, craft beer, small batch vodka, chocolates, vegan cookies, and biscotti. Cost of goods increased drastically in 2023, decreasing the overall profit margin despite having implemented modest price increases. 31212 17534 56531 COMMUNITY PARTNERED SCREENINGS- In 2023, THE NEON hosted more than 100 special event screenings including Ohio premieres for more than 40 filmmakers. A number of film festivals were hosted including the Dayton Independent Film Festival, Dayton Jewish Film Festival, Out Here Dayton (LGBTQIA+) Film Festival, Summer Family Film Fest, Family Holiday Film Series, LunaFest, Trail Running Film Festival, and Paddling Film Festival. "Cult Movie Mondays" launched and brought in underground, fringe or cult classic cinema. Many events and festivals included engaging Q&A's with local and visiting artists, acedemics, celebrities, and historians. 260 teenagers attended a free movie as part of the annual MLK Day celebration. Over 560 children and their families attended free screenings of PBS Kids programming. On Sundays, the theater continued to host a non-denominational, inclusive worship service utilizing digital media on the big screen. Partners throughout the year included The Dayton Metro Library, PBS ThinkTV, The Dayton Art Institute, The Junior Leaguers of Dayton, Muse Machine, University of Dayton, Theatre Lab, Preschool Promise, The Miami Valley School, the Dayton Latvian community, Fi Yu Dojo, Scripted in Black, Sunlight Village, The Jewish Federation of Greater Dayton, Wright State University, and many more. Costs incurred by partners include full use of theater facilities and capablities including state of the art laser projectors, surround sound and PA system with microphones, spot lighting, multimedia options with dedicated internet, digital content review/conversion (screen test, sound check, and troubleshooting), website and social media promotion, outdoor patio and indoor lobby/reception area, ticket handling (in person and online sales, reserved seating, cash/credit option, check-ins), group rate refreshments, and fully staffed concession stand. 5032 0 8210 Product & Merchandise- With the addition of a dedicated "Neon Merch" display area, the theater increased the sale of clothing and merchandise customized with THE NEON logo and mission moto, movie posters, and other promotional products including gift certificates/gift certificate income. 720 0 14408 Online Ticket Surcharges- $1 is added to ticket price when purchased online through neonmovies.com website. The convenience of at-home advanced purchase of assigned seats for one-time screenings and special events has resulted in "sold out" shows days and even weeks ahead of time. Registered customers can process their own cancellations if needed. Each electronic transaction costs the theater a little over 5% in additional fees: 3% from the credit card processing company, 2% from the point of sale company. 5752 0 22618 520078 1 1 0 0 1 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 15 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X Dayton Movies Inc dba THE NEON 9372228452 130 East Fifth Street Dayton OH 45402 X Steven Budd Board Chairman 5.00 0 X 0 0 0 Paul Woodie Vice Chairman 2.00 0 X 0 0 0 Ann Schenking Trustee 2 0 X 0 0 0 Steve Nutt Trustee 1 0 X 0 0 0 Mark Shaker Secretary 1 0 X 0 0 0 Susan Strong Treasurer 1 0 X 0 0 0 Urmee Siraj Trustee 1 0 X 0 0 0 Sharon Howard Trustee 1 0 X 0 0 0 Megan Smith Trustee 1 0 X 0 0 0 0 0 0 0 0 0 0 0 0 11846 0 0 17534 106241 0 135621 Box Office 710000 327289 327289 0 0 Concessions 710000 178165 178165 0 0 Community Partnered Screenings 710000 56531 56531 0 0 Product & Merchandise 710000 3884 3884 0 0 18734 18734 0 0 584603 143 143 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Sale of Used Refrigerator 710000 100 100 0 0 0 0 0 0 100 720467 584846 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 195913 172713 20880 2320 0 0 0 0 11347 9077 2270 0 16553 14777 1598 178 0 0 0 0 400 0 400 0 2000 0 2000 0 0 0 0 0 0 0 0 0 0 0 8886 7895 841 150 5013 4778 235 5259 2629 2630 0 338 338 0 0 148344 148344 0 0 34848 26136 8712 2449 1837 612 0 0 0 0 0 654 490 164 0 3490 1745 1745 0 0 0 0 0 27662 22130 5532 0 12356 6712 5644 0 Concessions- Cost of Goods 53000 53000 0 0 Credit Card Processing Fees 17175 17175 0 0 Point of Sale System 9753 9753 0 0 Household Supplies 5717 5717 0 0 15953 14832 1106 15 577110 520078 54134 2898 112671 104611 428712 576353 0 0 3810 9883 0 0 0 0 0 0 0 0 2422 2422 425740 205111 213801 220629 0 0 0 0 0 0 0 0 48486 50507 809902 964405 3158 5909 0 0 0 0 0 0 0 0 0 0 93434 93434 0 0 84851 93246 181443 192589 X 0 0 0 0 628459 771816 628459 771816 809902 964405 143357 0 0 0 0 0 X 0 0 0 X 5150 246301 130153 53083 135620 570307 557127 222742 281929 369485 584604 2015887 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 562277 469043 412082 422568 720224 2586194 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2586194 0 0 0 0 143 143 0 0 0 0 0 0 0 0 0 0 143 143 0 0 0 0 0 0 0 0 0 0 100 100 562277 469043 412082 422568 720467 2586437 X Schedule A, Part III, Line 12 Sale of used refrigerator RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 170950 0 38969 131981 77803 0 47968 29835 81414 0 76759 4655 95573 0 41415 54158 220629 OUT HERE DAYTON Film Festival- Reserved for 2024-26 38180 Digital Projector Campaign- Reserved 11427 Undeposited Funds- End of Year Donations 900 50507 0 OUT HERE DAYTON Film Festival 38180 SBA Economic Injury Disaster Loan 26041 Gift Cards Payable 22843 State of Ohio Sales Tax Payable 1766 Payroll Liabilities 1437 Advance Ticket Sales, Customer Credits 1397 Theater Rental Deposits 1082 Accrued Expense- Accounting 500 93246 Form 990, Part VI, Section B, Line 11b Each board member is issued a copy of the preliminary 990 to review. After all questions have been clarified, each voting board member is to respond with approval either verbally at next board meeting or in writing. Form 990, Part VI, Section B, Line 12c Board members receive, review, and sign a written conflict of interest statement annually. Signed documents are kept on file on premises at THE NEON theater. Form 990, Part VI, Section B, Line 15 Although there are no paid staff that qualify as Key Employees, the salaries of all employees are evaluated by the board of trustees annually. End of year board meeting decides on salary increases for general manager and assistant manager without their presence. Form 990, Part VI, Section C, Line 19 All documents are kept on file at THE NEON and can be obtained for review upon request. This includes board minutes, conflict of interest statements, licenses, and financials. Requests are subject to review by board of trustees. Organization filed for extension to leave adequate time for preparation and board review.