NATIONAL COMEDY CENTER INC

EIN: 412030241 501(c)(3) Arts, Culture & Humanities

JAMESTOWN, NY

Total Revenue
$2,661,795
Total Expenses
$3,088,102
Total Assets
$4,075,098
Net Assets
$-2,504,268
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
NY
Principal Officer
TOM BENSON
Phone
7164840800
Tax Period
2023-01-01 to 2023-12-31

NATIONAL COMEDY CENTER INC, founded in 2002, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.7M in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $3.1M exceeded revenue, resulting in a 16% operating deficit.

Mission

THE MISSION OF THE LUCILLE BALL DESI ARNAZ MUSEUM, A NON-PROFIT EDUCATIONAL INSTITUTION, IS TO CELEBRATE THE INSPIRING LIVES AND ENDURING LEGACIES OF PIONEERING ARTISTS, INNOVATORS, AND LEADERS LUCILLE BALL AND DESI ARNAZ, WHOSE CONTRIBUTIONS HAVE SHAPED OUR SHARED CULTURAL HERITAGE AND CHARTED A COURSE FOR AMERICAN ENTERTAINMENT HISTORY. THE MUSEUM, LOCATED IN BALL'S HOMETOWN OF JAMESTOWN, NY, HAS BEEN A COMMUNITY ANCHOR AND ENGINE FOR THE DEVELOPMENT OF THE COMEDIC ARTS FOR OVER 25 YEARS.IN 2018, THE LUCY DESI MUSEUM'S MISSION WAS BROADENED WITH THE OPENING OF THE NEARBY NATIONAL COMEDY CENTER, WHICH OPERATES IN FULFILLMENT OF LUCILLE BALL'S VISION THAT HER HOMETOWN BECOME A DESTINATION FOR THE CELEBRATION OF COMEDY --IN ALL ITS FORMS. VISITORS TO JAMESTOWN, NY ARE INSPIRED, EDUCATED, AND ENTERTAINED BY BOTH OF THESE ATTRACTIONS, AS WELL AS THE ANNUAL LUCILLE BALL COMEDY FESTIVAL, WHICH PRESENTS EDUCATIONAL PROGRAMMING AND PERFORMANCES BY RISING ARTISTS AND COMEDY LEGENDS ALIKE.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $934,345
Program Service Revenue $1,079,079
Investment Income $322,857
Other Revenue $325,514
TOTAL REVENUE $2,661,795

Expense Breakdown

Grants Paid $1,099,274
Salaries & Benefits $569,117
Fundraising Expenses $72,222
Program Expenses $2,474,482
Other Expenses $1,419,711
TOTAL EXPENSES $3,088,102

Year-over-Year Comparison

2023 2022 Change
Revenue $2,661,795 $3,247,853 -0.2%
Expenses $3,088,102 $4,894,310 -0.4%
Net Income $-426,307 $-1,646,457 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
61
Volunteers
200

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
$213,557
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEORGE PANEBIANCO MEMBER 5.00
Director
$0 $0 $0
LOUIS DEPPAS MEMBER 5.00
Director
$0 $0 $0
MICHAEL LATONE TREASURER 5.00
Officer Director
$0 $0 $0
CINDY ARONSON SECRETARY 5.00
Officer Director
$0 $0 $0
JEROME LEE YAW MEMBER 5.00
Director
$0 $0 $0
HOLLY SULLIVAN VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
TOM BENSON PRESIDENT 5.00
Officer Director
$0 $0 $0
JON ALBRO MEMBER 5.00
Director
$0 $0 $0
SARAH DEMINK MEMBER 5.00
Director
$0 $0 $0
JOURNEY GUNDERSON EXECUTIVE DIRECTOR 8.00
Officer
$151,948 $23,622 $213,557
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 No data No data No data No data
2023 $2,661,795 $3,088,102 $4,075,098 $-426,307
2022 $3,247,853 $4,894,310 $20,303,343 $-1,646,457
2021 $2,924,303 $2,066,246 $21,756,775 $858,057
2020 $1,835,334 $1,597,993 $21,179,920 $237,341
2019 $3,716,608 $2,898,588 $19,479,173 $818,020
2018 $15,659,034 $8,574,473 $20,158,489 $7,084,561
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare NATIONAL COMEDY CENTER INC with other nonprofits in New York and across the country.