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Nonprofit · EIN 48-1127964

SOLOMON VALLEY CINEMA INC

Tax-exempt · BELOIT, KS 67420

Financials

$150K$164K2023$154K$151K2024$144K$142K2025
Revenue Expenses · by fiscal year end
Financials of SOLOMON VALLEY CINEMA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$143,548$141,871$1,677$108,361$75,328$33,033
December 31, 2024990$154,233$151,350$2,883$151,628$78,814$72,814
December 31, 2023990$149,740$163,555-$13,815$146,053$80,741$65,312
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$86,009
Investment income
$3
Net income from sales of inventory
$57,536
Other revenue
$57,536

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,355
Other salaries and wages
$32,969
Salaries, compensation and benefits (total)
$37,265
Professional fundraising fees
$0
Accounting fees
$3,955
Program services (functional)
$141,871

Balance sheet and other

Total assets, start of year
$151,628
Total assets, end of year
$108,361
Total liabilities, end of year
$75,328
Net assets, end of year
$33,033
Land, buildings and equipment
$74,109
Gross receipts
$174,323
Employees
12
Volunteers
9
Year formed
1995
State of legal domicile
KS

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
ERIC DUNSTANDIRECTOR
Trustee or director
0$0
TERRI KELLEYDIRECTOR
Trustee or director
0$0
ANDREW UNDERHILLVICE PRESIDENT
Trustee or director
0$0
AMANDA SCHWERMANMANAGER
Trustee or director
0$0
SHELBY GANTZDURECTOR
Trustee or director
0$0
RANDY PAXSONPRESIDENT
Officer
0$0
VICKI JACKSONSECRETARY/TREASURER
Officer
0$0
JANET MOELLERDIRECTOR
Officer
0$0
990 for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensation
RANDY PAXSONPRESIDENT
Officer
5$0
ERIC DUNSTANDIRECTOR
Trustee or director
3$0
TERRI KELLEYDIRECTOR
Trustee or director
3$0
VICKI JACKSONSECRETARY/TREASURER
Officer
3$0
JANET MOELLERDIRECTOR
Officer
2$0
ANDREW UNDERHILLDIRECTOR
Trustee or director
3$0
AMANDA SCHWERMANDIRECTOR
Trustee or director
7$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
RANDY PAXSONPRESIDENT
Officer
5$0
ERIC DUNSTANDIRECTOR
Trustee or director
3$0
TERRI KELLEYDIRECTOR
Trustee or director
3$0
VICKI JACKSONSECRETARY/TREASURER
Officer
3$0
JANET MOELLERDIRECTOR
Officer
2$0
ANDREW UNDERHILLDIRECTOR
Trustee or director
3$0
AMANDA SCHWERMANDIRECTOR
Trustee or director
6$0

Address and contacts

Address (IRS master file)
1234 N INDEPENDENCE AVE, BELOIT, KS 67420-2155
In care of
% H & R BLOCK
Principal officer (990 for 2025)
Amanda schwerman, 1234 N INDEPENDENCE, BELOIT, KS 67420
Signed the 990
Amanda schwerman, manager
Phone
(785) 738-4800
Return prepared by
HRB TAX GROUP INC

Mission

TO MAINTAIN THE CINEMA ARTS IN A SMALL COMMUNITY

990 for the year ended December 31, 2025

Program accomplishments

  • SEE ATTACHMENT #2 THE CINEMA BEGAN WHEN COMMUNITY PEOPLE WANTED TO BUILD A THEATER IN BLOIT. THE MITCHELL COUNTY FOUNDATION WAS FORMED SO CONTRIBUTORS COULD MAKE TAX FREE DONATION AND A BOARD OF FIVE WAS APPOINTED TO HEAD UP THE CINEMA PROJECT, MOST OF THE WORK ON THEATER WAS DONE BY DONATED LABOR. OVERALL, THERE WERE CLOSE TO 200 VOLUNTEERS WHO HELPED BUILD THE BUILDING WITH MANY BELOIT BUSINESSES AND PEOPLE PLEADGING TIME, MONEY, AND MATERIALS. THE THEATER WAS INITIALLU RUN BY AREA VOLUNTEERS AND THE BOARD MEMBERS. TWO PEOPLE A NIGHT WERE SCHEDULE TO RUN THE PROJECTORS, SELL TICKETS AND CONCESSIONS. AS REVENUE INCREASED, THEY HIRED A MANAGER AND HIGH SCHOOL STUDENTS. IT IS WITH GREAT PRIDE THROUGH THE YEARS THE CINEMA HAS CONTRIBUTED SOME OF ITS EXCESS REVENUE BACK TO MITCHELL COUNTY

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
48-1127964
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
1993
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$108,361
Income (IRS master file)
$174,143

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$143,548$141,871$108,361IRS
990December 2024$154,233$151,350$151,628IRS
990December 2023$149,740$163,555$146,053XML
990December 2022$148,463$158,709$165,779IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 48-1127964).

Questions about SOLOMON VALLEY CINEMA INC

What is the EIN of SOLOMON VALLEY CINEMA INC?
The employer identification number (EIN) of SOLOMON VALLEY CINEMA INC is 48-1127964.
Is SOLOMON VALLEY CINEMA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to SOLOMON VALLEY CINEMA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SOLOMON VALLEY 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 SOLOMON VALLEY CINEMA INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SOLOMON VALLEY CINEMA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of SOLOMON VALLEY CINEMA INC?
The 990 for the year ended December 31, 2025 names Amanda schwerman.
Who are the officers and directors of SOLOMON VALLEY CINEMA INC?
The 990 for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does SOLOMON VALLEY CINEMA INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $143,548, expenses of $141,871 and total assets of $108,361 at year end.

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