2025-11-17T11:08:05-06:00 2025-06-30 043454772 FINER & FINER 12 LORI LANE RANDOLPH MA 023685241 990 2024-07-01 042650605 CAMBRIDGE MULTICULTURAL ARTS CENTER INC CAMB 6175771400 41 SECOND STREET CAMBRIDGE MA 021411733 RONALD SAVAGE TREASURER 6175771400 2025-11-16 1 1 RONALD M FINER CPA P00568557 7819616884 2025-11-16 2024 2025-03-06 01:10:19Z MULTICULTURAL ARTS CENTER ADRIA KATZ 41 SECOND STREET CAMBRIDGE MA 021411733 614950 0 X WWW.MULTICULTURALARTSCENTER.ORG X 1978 MA OPERATION OF A MULTICULTURAL VISUAL AND PERFORMING ARTS CENTER 8 6 8 15 0 0 402012 365634 260556 244881 4634 4435 0 0 667202 614950 0 0 0 0 243016 253709 0 0 63155 317417 438799 560433 692508 106769 -77558 3204442 3150618 2916062 2939796 288380 210822 X THE ORGANIZATION'S MISSION IS TO PRESENT MULTICULTURAL VISUAL AND PERFORMING ARTS PROGRAMS TO EDUCATE THE COMMUNITY ABOUT DIVERSITY, AND MAKE OUR FACILITY AVAILABLE TO ARTISTS OR GROUPS THAT MIGHT NOT OTHERWISE HAVE ACCESS TO A PROFESSIONALLY EQUIPPED FACILITY OR THE CULTURAL MAINSTREAM. 0 0 299870 17489 OPERATION OF A MULTICULTURAL VISUAL AND PERFORMING ARTS CENTER 227392 227392 COMMUNITY OPERATING SUPPORT FROM THE CITY OF CAMBRIDGE AND THE STATE OF MASSACHUSETTS FOR PUBLIC PROGRAMS AND SERVICES TOTALLED $216,600. 527262 1 1 0 0 0 0 0 0 0 0 1 0 0 1 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 1 21 0 1 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 6 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 1 0 MA X X THE ORGANIZATION 6175771400 41 SECOND STREET CAMBRIDGE MA 021411733 VICTORIA HALL PRESIDENT 1.00 X X 0 0 0 JESSICA SMYSER VICE-PRESIDENT 1.00 X X 0 0 0 RON SAVAGE TREASURER 1.00 X X 0 0 0 MELISSA CANTAROW SECRETARY/CLERK 1.00 X X 0 0 0 NATHALIE M HIGHLAND DIRECTOR 1.00 X 0 0 0 KASHIF HODA DIRECTOR 1.00 X 0 0 0 ADRIA KATZ MANAGING DIRECTOR 33.00 X X 41131 0 0 NAJEE BROWN ARTISTIC DIRECTOR 20.00 X X 53766 0 0 94897 0 0 0 0 0 0 0 227392 138242 365634 FUNCTION RENTAL INCOME 531190 193835 193835 SUBTENANT INCOME 531190 26400 26400 BOX OFFICE SALES 711110 19131 19131 GALLERY INCOME 711110 5515 5515 244881 4435 4435 614950 244881 0 4435 X 115148 73231 18241 23676 112938 88735 24203 6778 4836 536 1406 119 119 18726 13359 1481 3886 13000 13000 150609 111047 39011 551 15951 15951 710 710 191592 176820 4924 9848 668 668 8652 6941 1711 9647 9647 SECURITY 15729 15729 PROGRAM SUPPLIES 10547 10547 DUES & SUBSCRIPTIONS 6646 6646 BANK CHARGES & MERCHANT 6173 6173 8875 9398 -108 -415 692508 527262 102091 63155 73941 23791 104634 109069 5735 2575 24325 10421 348581 280032 50309 68549 2945498 2936213 3204442 3150618 33520 41854 2882542 2897942 2916062 2939796 X 288380 210822 288380 210822 3204442 3150618 -77558 0 X X 1 X 0 0 0 X 393827 325541 311146 402012 365634 1798160 393827 325541 311146 402012 365634 1798160 1798160 16 10 4634 4435 9095 1186 1186 1808441 1035256 0.99430 0.99650 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2020 AMOUNT: $ 1,186. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 210763 210123 640 110766 60201 50565 27052 9708 17344 68549 OPERATING LEASE ROU ASSET 2936213 2936213 EVENT DEPOSITS HELD 69985 SUBTENANT DEPOSITS HELD 4000 OPERATING LEASE LIABILITY 2823957 2897942 X PART X, LINE 2: MANAGEMENT HAS EVALUATED SIGNIFICANT TAX POSITIONS AGAINST CRITERIA ESTABLISHED BY PROFESSIONAL STANDARDS AND BELIEVES THERE ARE NO SUCH TAX POSITIONS REQUIRING ACCOUNTING RECOGNITION IN THE FINANCIAL STATEMENTS. MANAGEMENT DOES NOT BELIEVE ITS EVALUATION OF TAX POSITIONS WILL SIGNIFICANTLY CHANGE WITHIN TWELVE MONTHS OF JUNE 30, 2025. ANY CHANGES IN TAX POSITIONS WILL BE RECORDED WHEN THE ULTIMATE OUTCOME BECOMES KNOWN. THE ORGANIZATION'S ANNUAL INFORMATION RETURNS ARE CURRENTLY SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR THE YEARS ENDED JUNE 30, 2022 THROUGH JUNE 30, 2025. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL BEFORE ELECTRONIC FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE ORGANIZATION'S MANAGING DIRECTOR AND KEY EMPLOYEES IS PART OF THE BUDGETING PROCESS FOR THE BOARD OF DIRECTORS. COMPARABILITY DATA IS USED AS PART OF THE BUDGET DETERMINATION PROCESS. THE BOARD OF DIRECTORS DETERMINES THE APPROVED BUDGETED PAYROLL FIGURES ANNUALLY. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 1023 AND ITS TAX RETURNS (FORM 990) ARE MADE AVAILABLE UPON REQUEST. IN ADDITION, THE ORGANIZATION'S FINANCIAL STATEMENTS AND TAX RETURNS ARE AVAILABLE AT THE WEBSITE OF THE MASSACHUSETTS ATTORNEY GENERAL. THE ORGANIZATION'S TAX RETURNS ARE ALSO AVAILABLE AT THE GUIDESTAR WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G ARTIST FEES: PROGRAM SERVICE EXPENSES 37,456. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,456. CATERING: PROGRAM SERVICE EXPENSES 16,509. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,509. CLEANING SERVICE: PROGRAM SERVICE EXPENSES 9,893. MANAGEMENT AND GENERAL EXPENSES 275. FUNDRAISING EXPENSES 551. TOTAL EXPENSES 10,719. CONCEPTUAL DESIGN STUDY: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,516. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,516. DEVELOPMENT CONSULTANT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 20,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,000. GALLERY INSTALLERS: PROGRAM SERVICE EXPENSES 2,097. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,097. INTERNS: PROGRAM SERVICE EXPENSES 2,608. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,608. OTHER OUTSIDE LABOR: PROGRAM SERVICE EXPENSES 2,817. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,817. OUTSIDE BOOKKEEPER: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,894. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,894. PAYROLL SERVICE FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,826. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,826. PIANO TUNING: PROGRAM SERVICE EXPENSES 3,555. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,555. PRODUCTION CONTRACTORS: PROGRAM SERVICE EXPENSES 35,902. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 35,902. SOUND CONSULTANTS: PROGRAM SERVICE EXPENSES 210. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 210. WEBSITE DEVELOPMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,500. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,500. FORM 990, PART IX, LINE 24E EQUIPMENT RENTAL: PROGRAM SERVICE EXPENSES 5,470. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,470. LICENSES & PERMITS: PROGRAM SERVICE EXPENSES 2,924. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,924. TELEPHONE: PROGRAM SERVICE EXPENSES 1,557. MANAGEMENT AND GENERAL EXPENSES 173. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,730. POSTAGE & SHIPPING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 84. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 84. REPAIRS & MAINTENANCE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 50. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 50. CASH BACK REWARDS: PROGRAM SERVICE EXPENSES -553. MANAGEMENT AND GENERAL EXPENSES -415. FUNDRAISING EXPENSES -415. TOTAL EXPENSES -1,383. FORM 990, PART XII, LINE 2C RESPONSIBILITY FOR OVERSIGHT: THE ORGANIZATION'S BOARD OF DIRECTORS IS RESPONSIBLE FOR SELECTION OF AN INDEPENDENT ACCOUNTANT AND OVERSIGHT OF THE AUDIT OR REVIEW OF THE ORGANIZATION'S FINANCIAL STATEMENTS.