Osio Theater Foundation

EIN: 830600299 501(c)(3) Arts, Culture & Humanities

Salinas, CA

Total Revenue
$221,255
Total Expenses
$250,357
Total Assets
$36,521
Net Assets
$23,756
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
CA
Principal Officer
Gerard Mattimoe
Phone
8319013119
Tax Period
2020-01-01 to 2020-12-31

Osio Theater Foundation, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $221K in total revenue in fiscal year 2020. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $250K exceeded revenue, resulting in a 13% operating deficit.

Mission

Our mission is to promote and support the cinematic arts and the economy of the City of Monterey by exhibiting art, independent, foreign, alternative, and classic films; to provide educational programs with respect to the art of filmmaking; and to support the arts in the greater Monterey Peninsula area. Our core programming includes daily movie showtimes in our five screen theater, plus events, cinematic series, and partnerships with other organizations. The Osio Theater brings films that would not ordinarily show in Monterey County. Our educational programming includes several aspects of bringing film and film literacy to our community and includes curriculum for K-12 students, college-aged students, and senior citizens.

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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 (2020)

Revenue Breakdown

Contributions & Grants $29,504
Program Service Revenue $170,705
Investment Income $0
Other Revenue $21,046
TOTAL REVENUE $221,255

Expense Breakdown

Grants Paid $0
Salaries & Benefits $65,219
Fundraising Expenses $0
Program Expenses $214,132
Other Expenses $185,138
TOTAL EXPENSES $250,357

Year-over-Year Comparison

2020 2019 Change
Revenue $221,255 $759,620 -0.7%
Expenses $250,357 $706,850 -0.6%
Net Income $-29,102 $52,770 -1.6%
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
5
Independent Members
5
Employees
15
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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brandi Lamb Vandekamp Executive Director 40.00
$23,987 $0 $23,987
Gerard Mattimoe President 2.00
Officer Director
$0 $0 $0
Corinn Hillstrom Treas/Sec 2.00
Officer Director
$0 $0 $0
Val Guardiola Director 2.00
Director
$0 $0 $0
Saskia Vandekamp Director 2.00
Director
$0 $0 $0
Shannon Vereker Director 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
2020 $221,255 $250,357 $36,521 $-29,102
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