Nonprofit · EIN 46-0477843
LOFT CINEMA INC
Tax-exempt · TUCSON, AZ 85716
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,811,547 | $2,703,475 | $1,108,072 | $7,535,572 | $2,531,270 | $5,004,302 |
| December 31, 2023 | 990 | $2,867,210 | $2,596,679 | $270,531 | $4,675,720 | $779,490 | $3,896,230 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,966,970
- of which government grants
- $79,800
- Membership dues
- $474,783
- Program service revenue
- $1,260,033
- Investment income
- $110,922
- Net gain from sales of assets
- $15,942
- Net income from sales of inventory
- $455,893
- Other revenue
- $473,622
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $99,726
- Salaries, compensation and benefits (total)
- $1,218,525
- Professional fundraising fees
- $0
- Accounting fees
- $96,800
- Occupancy
- $136,306
- Depreciation
- $147,397
- Program services (functional)
- $2,084,878
- Management and general (functional)
- $464,625
- Fundraising (functional)
- $153,972
Balance sheet and other
- Total assets, start of year
- $4,675,720
- Total assets, end of year
- $7,535,572
- Total liabilities, end of year
- $2,531,270
- Net assets, end of year
- $5,004,302
- Land, buildings and equipment
- $4,175,496
- Net assets without donor restrictions
- $3,614,945
- Net assets with donor restrictions
- $1,389,357
- Gross receipts
- $4,046,889
- Employees
- 38
- Volunteers
- 77
- Year formed
- 2002
- State of legal domicile
- AZ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PEGGY JOHNSON | EXECUTIVE DIRECTOR Officer | 40 | $99,725 |
| RON BARBER | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JAIME GUTIERREZ | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| MAX MCCAUSLIN | TREASURER Trustee or director, Officer | 1 | $0 |
| TIM FULLER | SECRETARY Trustee or director, Officer | 1 | $0 |
| STEPHEN GOLDEN | DIRECTOR Trustee or director | 1 | $0 |
| CRISTIE STREET | DIRECTOR Trustee or director | 1 | $0 |
| CLAIRE SCHEUREN | DIRECTOR Trustee or director | 1 | $0 |
| BETSY BOLDING | DIRECTOR Trustee or director | 1 | $0 |
| MARY KOSS | DIRECTOR Trustee or director | 1 | $0 |
| KATHERINE PEW | DIRECTOR Trustee or director | 1 | $0 |
| JOE TARVER | DIRECTOR Trustee or director | 1 | $0 |
| HAL MELFI | DIRECTOR Trustee or director | 1 | $0 |
| LISANNE SKYLER | DIRECTOR Trustee or director | 1 | $0 |
| JOHN PROUDSTAR | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PEGGY JOHNSON | EXECUTIVE DIRECTOR Officer | 40 | $97,113 |
| RON BARBER | PRESIDENT Trustee or director, Officer | 1 | $0 |
| TIM FULLER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| MAX MCCAUSLIN | TREASURER Trustee or director, Officer | 1 | $0 |
| MELODIE LOPEZ | SECRETARY Trustee or director, Officer | 1 | $0 |
| STEPHEN GOLDEN | DIRECTOR Trustee or director | 1 | $0 |
| CARMEN MARRIOTT | DIRECTOR Trustee or director | 1 | $0 |
| CLAIRE SCHEUREN | DIRECTOR Trustee or director | 1 | $0 |
| BETSY BOLDING | DIRECTOR Trustee or director | 1 | $0 |
| DIANNE IAUCO | DIRECTOR Trustee or director | 1 | $0 |
| MARY KOSS | DIRECTOR Trustee or director | 1 | $0 |
| KATHERINE PEW | DIRECTOR Trustee or director | 1 | $0 |
| TIM RECKART | DIRECTOR Trustee or director | 1 | $0 |
| JOANNE STUHR | DIRECTOR Trustee or director | 1 | $0 |
| JOE TARVER | DIRECTOR Trustee or director | 1 | $0 |
| STEPHANIE TROUTMAN ROBBINS | DIRECTOR Trustee or director | 1 | $0 |
| HAL MELFI | DIRECTOR Trustee or director | 1 | $0 |
| LISANNE SKYLER | DIRECTOR Trustee or director | 1 | $0 |
| JAIME GUTIERREZ | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3233 E SPEEDWAY BLVD, TUCSON, AZ 85716-3933
- In care of
- % PEGGY JOHNSON
- Principal officer (990 for 2024)
- RON BARBER, 3233 E SPEEDWAY BLVD, TUCSON, AZ 85716
- Signed the 990
- RON BARBER, BOARD PRESIDENT
- Phone
- (520) 322-5638
- Website
- WWW.LOFTCINEMA.ORG
- Return prepared by
- HEINFELD MEECH & CO PC
Mission
BUILDING COMMUNITY BY CELEBRATING THE ART AND DIVERSITY OF FILM.
Program accomplishments
- THE LOFT CINEMA IS THE PREMIER VENUE IN THE SOUTHWESTERN UNITED STATES FOR ART FILMS, FOREIGN, INDEPENDENT, ALTERNATIVE AND CLASSIC NARRATIVE FILMS AND DOCUMENTARIES. OPEN 365 DAYS A YEAR WITH AN AVERAGE OF 15 SCREENINGS PER DAY, THE LOFT PROVIDES A FULL SPECTRUM OF CINEMA EXPERIENCES, WITH AFFORDABLE TICKETS AND MANY FREE SERIES AND EVENTS. PROGRAMMING IS DIVERSE AND INCLUSIVE WHERE FILMS FROM OVER 40 COUNTRIES WERE SCREENED FOR AUDIENCES THAT INCLUDED THE ENTIRE COMMUNITY OF SOUTHERN ARIZONA, INCLUDING PEOPLE FROM EVERY RACE, GENDER, AGE, SEXUAL ORIENTATION AND INCOME LEVEL. SIGNATURE EVENTS INCLUDE HOSTING VISITING FILMMAKERS AND SCHOLARS TO DISCUSS THEIR WORK WITH AUDIENCES, LOCAL FILM PREMIERES, ALL-NIGHT HORROR AND SCI-FI MARATHONS, SING-A-LONG EVENTS, THE FREE LOFT KIDS FEST AND MONTHLY LOFT JR SERIES, AND THE LOFT FILM FEST, WHICH HIGHLIGHTS NEW FILMS ON THE FESTIVAL CIRCUIT AND HONORS SIGNIFICANT FIGURES IN INDEPENDENT CINEMA.Expenses $2,084,878 · revenue $1,733,655
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-0477843
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A31)
- Assets (IRS master file)
- $7,535,572
- Income (IRS master file)
- $4,046,889
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,811,547 | $2,703,475 | $7,535,572 | IRS |
| 990 | December 2023 | $2,867,210 | $2,596,679 | $4,675,720 | XML |
| 990 | December 2022 | $1,998,868 | $2,245,294 | $4,367,970 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-0477843).
Questions about LOFT CINEMA INC
- What is the EIN of LOFT CINEMA INC?
- The employer identification number (EIN) of LOFT CINEMA INC is 46-0477843.
- Is LOFT CINEMA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to LOFT CINEMA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LOFT CINEMA INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LOFT CINEMA INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOFT CINEMA INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of LOFT CINEMA INC?
- The 990 for the year ended December 31, 2024 names RON BARBER.
- Who are the officers and directors of LOFT CINEMA INC?
- The 990 for the year ended December 31, 2024 lists 15 people; 1 received compensation from the organization, the highest $99,725 (PEGGY JOHNSON, EXECUTIVE DIRECTOR).
- How much revenue does LOFT CINEMA INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,811,547, expenses of $2,703,475 and total assets of $7,535,572 at year end.
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