Riviera Theatre And Organ Preservation S

EIN: 237120944 501(c)(3) Arts, Culture & Humanities

North Tonawanda, NY

Total Revenue
$6,236,744
Total Expenses
$4,270,617
Total Assets
$8,398,336
Net Assets
$6,790,658
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
NY
Principal Officer
Lawrence Denef
Phone
7166922413
Tax Period
2025-01-01 to 2025-12-31

Riviera Theatre And Organ Preservation S, founded in 1970, is a community nonprofit in the Arts, Culture & Humanities sector that reported $6.2M in total revenue in fiscal year 2025. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.0M, a strong 32% operating margin.

Mission

The Riviera Theatre and Organ Preservation Society, Inc. is dedicated to restoring, maintaining and utilizing the historic 1926 Riviera Theatre and its Mighty Wurlitzer theatre organ, as a working historic theatre by offering a wide array of live musical performances, performing arts and educational opportunities.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $2,344,750
Program Service Revenue $3,335,028
Investment Income $27,319
Other Revenue $529,647
TOTAL REVENUE $6,236,744

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,239,831
Fundraising Expenses $0
Program Expenses $4,048,440
Other Expenses $3,030,786
TOTAL EXPENSES $4,270,617

Year-over-Year Comparison

2025 2024 Change
Revenue $6,236,744 $4,631,652 +0.3%
Expenses $4,270,617 $3,935,638 +0.1%
Net Income $1,966,127 $696,014 +1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
85
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$154,518
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lawrence Denef Board Chair 5.00
Officer Director
$0 $0 $0
Joyce Santiago Vice Board Chair 5.00
Officer Director
$0 $0 $0
Joshua Lembke Treasurer 5.00
Officer Director
$0 $0 $0
Richard Ostrozinski Secretary 5.00
Officer Director
$0 $0 $0
Joseph Lavey Jr Board Member 5.00
Director
$0 $0 $0
Neil Lange Board Member 5.00
Director
$0 $0 $0
Joseph J Cassata Board Member 5.00
Director
$0 $0 $0
Greg Kaiser Board Member 5.00
Director
$0 $0 $0
Mary Wright Board Member 5.00
Director
$0 $0 $0
John Scherer Board Member 5.00
Director
$0 $0 $0
Donald Tomasulo Board Member 5.00
Director
$0 $0 $0
William Saurer Board Member 5.00
Director
$0 $0 $0
David Fillenwarth Executive Director 40.00
Officer
$154,518 $0 $154,518
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $6,236,744 $4,270,617 $8,398,336 $1,966,127
2024 No data No data No data No data
2023 $3,777,761 $3,141,360 $5,996,226 $636,401
2022 $2,491,887 $2,425,430 $5,125,937 $66,457
2021 $3,299,486 $1,764,781 $4,686,016 $1,534,705
2020 $743,730 $962,569 $2,965,031 $-218,839
2019 $2,723,249 $2,349,420 $3,057,148 $373,829
2018 $2,093,901 $1,962,912 $2,665,424 $130,989
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