HOUSTON CINEMA ARTS SOCIETY

EIN: 300507986 501(c)(3) Arts, Culture & Humanities

HOUSTON, TX

Total Revenue
$525,843
Total Expenses
$448,875
Total Assets
$287,685
Net Assets
$281,900
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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
TX
Principal Officer
KATHERINE CREEGGAN-RIOS
Phone
7134290420
Tax Period
2023-07-01 to 2024-06-30

HOUSTON CINEMA ARTS SOCIETY, founded in 2008, is a small nonprofit in the Arts, Culture & Humanities sector that reported $526K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $449K left a modest 15% surplus.

Mission

HOUSTON CINEMA ARTS SOCIETY (HCAS) CELEBRATES THE VITALITY OF HOUSTON BY CONNECTING AUDIENCES AND ARTISTS WITH PUBLIC, EDUCATIONAL, AND CAREER-ADVANCING FILM AND ARTS PROGRAMMING.HOUSTON CINEMA ARTS SOCIETY ENVISIONS A FUTURE WHERE FILMMAKING, PRODUCTION, AND PUBLIC PROGRAMMING THRIVE AND GROW, IN STEP WITH THE CITY'S EVER-EVOLVING FINE ARTS AND MEDIA SECTOR. BY FOSTERING GLOBAL FILMMAKERS AND PROMOTING LOCAL FILM, TELEVISION, AND MEDIA PRODUCTION, HCAS HELPS REALIZE AND CELEBRATE OUR CITY'S DIVERSE CREATIVE ECONOMY.

Program Service Accomplishments

Program 1
Expenses: $272,580 Revenue: $28,359

HOUSTON CINEMA ARTS FESTIVAL - THE HOUSTON CINEMA ARTS FESTIVAL, WHICH TAKES PLACE ANNUALLY IN NOVEMBER, IS THE LARGEST INTERNATIONAL AND INDEPENDENT FILM FESTIVAL IN THE CITY OF HOUSTON. THIS...

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HOUSTON CINEMA ARTS FESTIVAL - THE HOUSTON CINEMA ARTS FESTIVAL, WHICH TAKES PLACE ANNUALLY IN NOVEMBER, IS THE LARGEST INTERNATIONAL AND INDEPENDENT FILM FESTIVAL IN THE CITY OF HOUSTON. THIS MULTI-VENUE FESTIVAL INCLUDES NARRATIVE, DOCUMENTARY, AND EXPERIMENTAL FILMS; INNOVATIVE VIDEO AND MEDIA INSTALLATIONS; LIVE PERFORMANCES; PANEL DISCUSSIONS; NETWORKING EVENTS; AND WORKSHOPS FOR INDUSTRY PROFESSIONALS, ALL TO AMPLIFY HOUSTON'S CREATIVE ECONOMY. HCAF SERVES AUDIENCES ACROSS THE CITY OF HOUSTON, ATTRACTING ATTENDEES OF ALL AGES AND CULTURAL BACKGROUNDS: 15% HISPANIC, 15% BLACK, 15% ASIAN AMERICAN. THE HOUSTON CINEMA ARTS FESTIVAL ENGAGES WITH OVER 100 ARTISTS AND ATTRACTS APPROXIMATELY 5,000 ATTENDEES ANNUALLY.

Program 2
Expenses: $112,486 Revenue: $15,765

YEAR-ROUND PROGRAMMING - THE HOUSTON CINEMA ARTS SOCIETY AIMS TO BE A CENTRAL HUB FOR FILMMAKERS AND FILM LOVERS, FOSTERING A SUSTAINABLE FILM INDUSTRY THAT BENEFITS HOUSTON BOTH ARTISTICALLY AND...

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YEAR-ROUND PROGRAMMING - THE HOUSTON CINEMA ARTS SOCIETY AIMS TO BE A CENTRAL HUB FOR FILMMAKERS AND FILM LOVERS, FOSTERING A SUSTAINABLE FILM INDUSTRY THAT BENEFITS HOUSTON BOTH ARTISTICALLY AND ECONOMICALLY. WE OFFER SCREENING SERIES THAT HIGHLIGHT HOUSTON CULTURE, GLOBAL ISSUES, AND THE INTEGRATION OF OTHER ART FORMS, WHILE AMPLIFYING LOCAL FILMMAKERS' VOICES. THIS INCLUDES THE HOUSTON FILMMAKER SHOWCASE, ADMIT ONE ANALOG FILM, AND CINESPACE IN PARTNERSHIP WITH NASA. WE ALSO PROVIDE PROFESSIONAL DEVELOPMENT AND NETWORKING OPPORTUNITIES THROUGH THE ANNUAL HOUSTON MEDIA CONFERENCE, A PROFESSIONAL DEVELOPMENT SUMMIT FOR LOCALS TO TAKE CLASSES, NETWORK, AND LEARN ABOUT HOUSTON'S MEDIA OPPORTUNITIES.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $481,458
Program Service Revenue $44,124
Investment Income $261
Other Revenue $0
TOTAL REVENUE $525,843

Expense Breakdown

Grants Paid $0
Salaries & Benefits $187,421
Fundraising Expenses $10,770
Program Expenses $385,066
Other Expenses $261,454
TOTAL EXPENSES $448,875

Year-over-Year Comparison

2023 2022 Change
Revenue $525,843 $451,770 +0.2%
Expenses $448,875 $469,244 0.0%
Net Income $76,968 $-17,474 -5.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
19
Independent Members
19
Employees
3
Volunteers
50

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
6
$145,320
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATT BALLESTEROS MEMBER 1.00
Director
$0 $0 $0
DENISE BATES MEMBER 1.00
Director
$0 $0 $0
SHAWN COLLIER MEMBER 1.00
Director
$0 $0 $0
KAREN FANG MEMBER 1.00
Director
$0 $0 $0
RICK FERGUSON MEMBER 1.00
Director
$0 $0 $0
FLEURETTE FERNANDO MEMBER 1.00
Director
$0 $0 $0
KELLY FOREMAN MEMBER 1.00
Director
$0 $0 $0
BERNARD BUN B FREEMAN MEMBER 1.00
Director
$0 $0 $0
MILES HARPER MEMBER 1.00
Director
$0 $0 $0
DELICIA HARVEY MEMBER 1.00
Director
$0 $0 $0
MARIAN LUNTZ MEMBER 1.00
Director
$0 $0 $0
CYNTHIA PETRELLO MEMBER 1.00
Director
$0 $0 $0
JUSTICE TIRAPELLI-JAMAIL MEMBER 1.00
Director
$0 $0 $0
MARK WAWRO MEMBER 1.00
Director
$0 $0 $0
VICKY WIGHT MEMBER 1.00
Director
$0 $0 $0
STEVEN OWSLEY PRESIDENT + INTERIM CHAIR 10.00
Officer Director
$0 $0 $0
LAURENCE UNGER TREASURER 3.00
Officer Director
$0 $0 $0
MAUREEN MCNAMARA SECRETARY 2.00
Officer Director
$0 $0 $0
FRANCI NEELY FOUNDER/CHAIR EMERITUS 5.00
Officer Director
$0 $0 $0
JAMES TOWNSEND EXECUTIVE DIRECTOR (DATE ENDED JANUARY 2024) 40.00
Officer
$81,083 $0 $81,083
KATHERINE CREEGGAN-RIOS EXECUTIVE DIRECTOR (DATE BEGAN JANUARY 2024) 40.00
Officer
$64,237 $0 $64,237
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
2024 $274,179 $395,083 $207,551 $-120,904
2024 $525,843 $448,875 $287,685 $76,968
2023 $451,770 $469,244 $210,186 $-17,474
2022 $430,784 $459,645 $226,074 $-28,861
2021 $418,598 $340,177 $253,910 $78,421
2020 $495,889 $528,861 $199,615 $-32,972
2019 $546,661 $711,670 $207,817 $-165,009
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