2019-11-12T16:55:46-06:00 2018-12-31 943108253 NOVOGRADAC & COMPANY LLP 3025 NORTH WOOSTER AVE DOVER OH 44622 990 2018-01-01 412030241 NATIONAL COMEDY CENTER INC NATI 7164840800 2 WEST THIRD STREET JAMESTOWN NY 14701 GEORGE PANEBIANCO PRESIDENT 7164840800 2019-11-12 1 DAVID L CONWAY P00839993 3303655400 74.142.255.50 2019-11-12 16:49:39 ES P F02DD5C6C9CF479E547B4967EC3FB96111908912 1ADF8F5C5E344271263D050A88831B0C2F45DFC3 2018 2020-03-31 21:24:44Z GEORGE PANEBIANCO 2 WEST THIRD STREET JAMESTOWN NY 14701 15829623 0 X COMEDYCENTER.ORG X 2002 NY TO PRESERVE AND CELEBRATE THE LEGACY OF LUCILLE BALL AND DESI ARNAZ AND ENRICH THE WORLD THROUGH THE HEALING POWERS OF LAUGHTER THROUGH A COMMITMENT TO THE DEVELOPMENT OF THE COMEDIC ARTS. 8 8 46 50 0 0 4781573 14235641 1027231 1026313 177110 250075 308013 147005 6293927 15659034 1906462 6872481 0 0 237240 263372 0 0 7500 1472242 1438620 3615944 8574473 2677983 7084561 25196996 20158489 18604455 6547087 6592541 13611402 TO PRESERVE AND CELEBRATE THE LEGACY OF LUCILLE BALL AND DESI ARNAZ AND ENRICH THE WORLD THROUGH THE HEALING POWERS OF LAUGHTER THROUGH A COMMITMENT TO THE DEVELOPMENT OF THE COMEDIC ARTS. 0 0 8304673 6872481 1026313 MAINTAIN MUSEUM AND PRESERVE THE LEGACY OF LUCILLE BALL AND DESI ARNAZ THROUGH A FOUR-PILLAR APPROACH TO THE DEVELOPMENT AND STUDY OF THE COMEDIC ARTS. THE ORGANIZATION CURRENTLY PRODUCES ANNUAL FESTIVAL PROGRAMMING THAT INCLUDES EDUCATIONAL AND PERFORMANCE OPPORTUNITIES IN THE COMEDIC ART FORM. THE ORGANIZATION IS ALSO DEVELOPING: A COMEDY FILM FESTIVAL TO PRESERVE AND EXAMINE THE LEGACY BALL AND ARNAZ LEFT ON THE PRODUCTION SIDE OF THEIR CAREERS AND INDUSTRY, A COMEDIC ARTS EDUCATIONAL PROGRAM, AND A NATIONAL CENTER FOR THE COMEDIC ARTS. 8304673 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 31 0 46 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X ROCHELLE MOLE 7164840800 2 WEST THIRD STREET JAMESTOWN NY 14701 GEORGE PANEBIANCO PRESIDENT 5.00 X X 0 0 0 LOUIS DEPPAS VICE PRESIDENT 5.00 X X 0 0 0 MICHAEL LATONE TREASURER 5.00 X X 0 0 0 CINDY ARONSON SECRETARY 5.00 X X 0 0 0 MICHAEL CALIMERI DIRECTOR 2.00 X 0 0 0 WILLIAM STEVENSON DIRECTOR 2.00 X 0 0 0 HOLLY SULLIVAN DIRECTOR 2.00 X 0 0 0 SARA DEMINK DIRECTOR 2.00 X 0 0 0 JON ALBRO DIRECTOR 2.00 X 0 0 0 JOURNEY GUNDERSON EXECUTIVE DIRECTOR 8.00 35.00 X 126823 0 3810 126823 0 3810 1 0 0 0 ELECTROSONIC INC 318 WEST 39TH STREET 9TH FL NEW YORK NY 10018 AUDIO-VIDEO TECH 456070 VINEYARD GROUP 201 W 3RD STREET JAMESTOWN NY 14701 CONSULTING 138000 2 11268 913842 13310531 14235641 FESTIVAL PROGRAMMING 713990 656665 656665 TROPICANA ROOM VENUES 713990 278020 278020 ADMISSIONS AND TOURS 713990 91628 91628 1026313 250075 250075 317017 170589 146428 146428 MISCELLANEOUS 713990 577 577 577 15659034 1423393 0 0 6872481 6872481 25400 25400 208804 39824 161480 7500 5043 1765 3278 2727 2727 21398 7489 13909 24479 24479 6811 6811 83468 83468 9431 7461 1970 8418 7860 558 77675 72170 5505 3421 3133 288 147605 140467 7138 126169 113552 12617 35360 32420 2940 FESTIVAL PROGRAMMING 830292 830292 LICENSING AGREEMENT 25000 25000 BANK FEES 23780 2378 21402 TROPICANA ROOM AND TOUR 21066 21066 15645 11636 4009 8574473 8304673 262300 7500 235093 245616 5835355 595878 856830 620322 12759 147134 16080400 16208194 97304 74341 33102 30370 2272879 670587 1616208 1602292 426248 632124 3697 2218 25196996 20158489 129878 95989 8334000 220149 10140027 6230949 550 0 18604455 6547087 X 6183779 12475211 408762 1136191 6592541 13611402 25196996 20158489 7084561 -65700 0 X X 0 1 X 1 0 X 1322500 2331918 1740014 4781573 14235641 24411646 953375 1382610 1158418 1387078 1343330 6224811 40957 71475 63351 175783 2316832 3786003 2961783 6168651 15578971 30812240 1199286 1760458 1357404 4317148 9936 9936 1199286 1760458 1357404 9936 4327084 26485156 11925 12096 8458 322091 250075 604645 11925 12096 8458 322091 250075 604645 15624 577 16201 2328757 3798099 2970241 6506366 15829623 31433086 0.84260 0.70570 0.01920 0.02170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 307007 373874 -41946 6811 632124 164785 124879 19240 1897 307007 164642 664 521 164785 1.00000 0 0 54800 54800 2218079 670587 1547492 1602292 X 15593334 -65700 -65700 15659034 0 15659034 8574473 0 8574473 0 8574473 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 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 INCORPORATED AS A NOT-FOR-PROFIT ENTITY IN THE STATE OF NEW YORK; HOWEVER, NCCO'S TAX EXEMPT STATUS UNDER THE IRC HAS NOT BEEN OBTAINED. AS SUCH, NCCO IS DEEMED A C CORPORATION FOR FEDERAL TAX FILING PURPOSES. MANAGEMENT IS IN THE PROCESS OF FILING FOR ITS FEDERAL TAX-EXEMPTION AND BELIEVES THAT IT IS HIGHLY PROBABLE THAT THE IRS WILL APPROVE THEIR EXEMPTION RETROACTIVELY TO THE INCORPORATION DATE. 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 2 W 3RD ST JAMESTOWN NY 14701 820774057 501(C)(3) 6872481 N/A CHARITABLE CONTRIBUTION 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 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 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 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 6872481 CASH NATIONAL COMEDY CENTER OPERATOR INC O 645448 CASH