CAPE CINEMA INC (EIN 882248120) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

Principal Officer

ERIC HART

Phone

5083852503

Tax Period

2024-01-01 to 2024-12-31

CAPE CINEMA INC, founded in 2022, is a small nonprofit in the Arts, Culture & Humanities sector that reported $609K in total revenue in fiscal year 2024. Expenses of $527K left a modest 14% surplus.

Mission

AT THE CAPE CINEMA, OUR MISSION IS TO PROVIDE AVANT GARDE EXHIBITION, LIVE PERFORMANCES, AND INTERACTIVE ENTERTAINMENT TO THE COMMUNITY IN OUR ART HOUSE THEATRICAL VENUE. WE BRING IN MEMBERS OF THE COMMUNITY TO EXPRESS ARTISTIC, CIVIC, AND EDUCATIONAL SKILLSETS AND INTERESTS TO OUR PATRONS. OUR PRINCIPLE PURPOSE HAS BEEN MAINTAINING OUR IDENTITY AS AN ARTHOUSE MOVIE THEATRE SINCE 1930 WHILE ALSO DIVERSIFYING OUR CONTENT, UTILIZING OUR VENUE AS A MULTIPURPOSE SPACE TO ENTERTAIN AND EDUCATE, AND CONTINUING TO PROMOTE THE PRESERVATION OF THE HISTORIC CAPE CINEMA INSTITUTION.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $198,426

Program Service Revenue $332,161

Investment Income $1,510

Other Revenue $77,155

TOTAL REVENUE $609,252

Expense Breakdown

Grants Paid $0

Salaries & Benefits $123,199

Fundraising Expenses $0

Program Expenses $468,573

Other Expenses $403,456

TOTAL EXPENSES $526,655

Year-over-Year Comparison

	2024	2023	Change
Revenue	$609,252	$621,926	0.0%
Expenses	$526,655	$590,350	-0.1%
Net Income	$82,597	$31,576	+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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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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$62,485

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC HART	PRESIDENT	2.00	Officer Director	$0	$0	$0
HUGH HART	VICE PRES	2.00	Officer Director	$0	$0	$0
ERIC SIGEL	TREASURER	2.00	Officer Director	$0	$0	$0
SPYRO MITROKOSTAS	CLERK	2.00	Officer Director	$0	$0	$0
ROBERT HARDING	DIRECTOR	1.00	Director	$0	$0	$0
MUSKA YOUSUF	DIRECTOR	1.00	Director	$0	$0	$0
JOSHUA MASON	EXECUTIVE DI	40.00	Officer	$31,600	$0	$31,600
PETER FASANO	EXECUTIVE DI	40.00	Officer	$30,885	$0	$30,885

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	$609,252	$526,655	$248,380	$82,597
2023	$621,926	$590,350	$174,429	$31,576
2022	$107,290	$6,947	$100,343	$100,343

CAPE CINEMA INC