THE SENECA FALLS ITS A WONDERFUL LIFE MU

EIN: 463774882 501(c)(3) Arts, Culture & Humanities

SENECA FALLS, NY

Total Revenue
$159,755
Total Expenses
$106,536
Total Assets
$434,179
Net Assets
$126,055
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
NY
Principal Officer
FRANCIS CARACCILO
Phone
3155685838
Tax Period
2023-01-01 to 2023-12-31

THE SENECA FALLS ITS A WONDERFUL LIFE MU, founded in 2013, is a small nonprofit in the Arts, Culture & Humanities sector that reported $160K in total revenue in fiscal year 2023. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $53K, a strong 33% operating margin.

Mission

THE PURPOSES OF THE MUSEUM, AS SET FORTH IN ITS CONSTITUTION, ARE EXCLUSIVELY EDUCATIONAL IN NATURE, TO WIT: A. TO ESTABLISH AND MAINTAIN THE SENECA FALLS IT'S A WONDERFUL LIFE MUSEUM & ARCHIVES OPEN TO THE PUBLIC RELATING TO AND INTERPRETING THE 1946 AMERICAN FILM CLASSIC, IT'S A WONDERFUL LIFE, DIRECTED AND PRODUCED BY FRANK CAPRA; THE CONNECTIONS BETWEEN THE FILM'S FICTIONAL SETTING OF BEDFORD FALLS, NY AND REAL-LIFE SENECA FALLS, NY; AND THE THEMATIC CELEBRATION OF FRANK CAPRA'S PERSONAL AND CINEMATIC PHILOSOPHY EXTOLLING THE VALUE OF EACH INDIVIDUAL. B. TO OPERATE, MAINTAIN AND PRESERVE THE MUSEUM AND OPEN IT TO THE PUBLIC ON A REGULAR SCHEDULE. C. TO COLLECT, OWN, HOLD, MAINTAIN, PRESERVE AND MAKE AVAILABLE APPROPRIATE HISTORICAL AND OTHERWISE RELATED OBJECTS, RECORDS AND ARTIFACTS. D. TO ARRANGE, CREATE, MAINTAIN AND PROMOTE APPROPRIATE HISTORICAL AND OTHERWISE RELATED EXHIBITS AND DISPLAYS.

Program Service Accomplishments

Program 1
Expenses: $85,288

THE SENECA FALLS IT'S A WONDERFUL LIFE MUSEUM IS A MAJOR SPONSOR OF THE ANNUAL "IT'S A WONDERFUL LIFE FESTIVAL." IN 2022, THE MUSEUM WAS VISITED BY ABOUT 15,000 PEOPLE, FROM 47 STATES AND 18...

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THE SENECA FALLS IT'S A WONDERFUL LIFE MUSEUM IS A MAJOR SPONSOR OF THE ANNUAL "IT'S A WONDERFUL LIFE FESTIVAL." IN 2022, THE MUSEUM WAS VISITED BY ABOUT 15,000 PEOPLE, FROM 47 STATES AND 18 COUNTRIES. WE CONTINUE TO FOCUS ON PRESERVING THE HISTORY AND THE MESSAGE OF THE FILM - THE VALUE OF EACH PERSON. WE WORKED WITH THE SUICIDE PREVENTION COALITION AND HAVE THEIR LITERATURE AVAILABLE IN OUR MUSEUM.

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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 (2023)

Revenue Breakdown

Contributions & Grants $118,716
Program Service Revenue $0
Investment Income $0
Other Revenue $41,039
TOTAL REVENUE $159,755

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $85,288
Other Expenses $106,536
TOTAL EXPENSES $106,536

Year-over-Year Comparison

2023 2022 Change
Revenue $159,755 $107,630 +0.5%
Expenses $106,536 $104,867 +0.0%
Net Income $53,219 $2,763 +18.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
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
3
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANWEI S LAW PRESIDENT 30.00
Officer Director
$0 $0 $0
ROBERT MCKEVNEY VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
FRANCIS CARACCILO TREASURER/ACTING SECRETARY 20.00
Officer Director
$0 $0 $0
DENISE CAPOZZI TRUSTEE 25.00
Director
$0 $0 $0
FRED CAPOZZI TRUSTEE 2.00
Director
$0 $0 $0
JANET DRISCOLL TRUSTEE 2.00
Director
$0 $0 $0
HENRY LAW TRUSTEE 2.00
Director
$0 $0 $0
CHRISTINA LOTZ TRUSTEE 2.00
Director
$0 $0 $0
MICHAEL MIRRAS TRUSTEE 2.00
Director
$0 $0 $0
BARBARA REIGEL TRUSTEE 2.00
Director
$0 $0 $0
JEFF ROOK TRUSTEE 2.00
Director
$0 $0 $0
DEB BARBIERI TRUSTEE 2.00
Director
$0 $0 $0
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 $159,755 $106,536 $434,179 $53,219
2022 $107,630 $104,867 $421,388 $2,763
2021 $195,723 $131,117 $433,290 $64,606
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