2026-02-18T14:11:35-08:00 2024-12-31 161162269 Brown & Company LLP 4992 Sweet Home Road Niagara Falls NY 14305 990 2024-01-01 141828590 THE NIAGARA ARTS AND CULTURAL CENTER INC NIAG 7162827530 1201 PINE AVENUE NIAGARA FALLS NY 14301 JENNIFER MUNDY President 2026-02-18 true true STEVEN H BROWN CPA P00296323 7162988000 X 2024 2025-03-06 01:10:19Z JENNIFER MUNDY 1201 PINE AVENUE NIAGARA FALLS NY 14301 2227328 false X www.thenacc.org X 2001 NY TO PROTECT THE LANDMARK BUILDING, PRESERVE CULTURAL HERITAGE, AND PROMOTE ARTS AND CULTURAL EXPERIENCES. 12 12 8 150 0 311183 1861757 257024 283309 10734 21692 3752 27910 582693 2194668 0 0 226689 269933 0 119819 343328 304666 570017 574599 12676 1620069 2031878 3345501 857730 551284 1174148 2794217 TO PROTECT THE LANDMARK BUILDING, PRESERVE CULTURAL HERITAGE, AND PROMOTE ARTS AND CULTURAL EXPERIENCES. false false 305200 THE NIAGARA ARTS AND CULTURAL CENTER, INC. PROVIDES FOR AN ARTS, CULTURAL AND COMMUNITY LEARNING CENTER IN NIAGARA FALLS, NEW YORK. THE MULTI-FACETED MISSION OF THE CENTER INCLUDES: OFFERING ON-GOING ARTS AND CULTURAL EDUCATION IN THE COMMUNITY; SERVING AS A VIABLE CULTURAL TOURIST DESTINATION; PRESERVATION AND UTILIZATION OF OUR HISTORIC, LANDMARK BUILDING; PROVIDING AFFORDABLE STUDIO AND OFFICE SPACE TO AREA ARTISTS AND ART GROUPS; MAKING A WIDE VARIETY OF ARTISTIC AND CULTURAL PRESENTATIONS ACCESSIBLE TO THE COMMUNITY; AND, SERVING AS A GATHERING PLACE FOR COMMUNITY EVENTS AND GROUPS. 305200 true true false false false false false false false false true false false false true true true false false false false false false false true false false false false false false false false true false false false false false false false false false false false false false true 16 0 true 8 true false false false false false false false 0 false false false false false false false X 12 12 false false true false false false false true true false false false true true true false false true false false NY X THE ORGANIZATION 7162827530 1201 PINE AVENUE NIAGARA FALLS NY 14301 X KEVIN LEARY RESIGN JUNE '24 EXECUTIVE DIRECTOR 40.00 0.00 33750 0 0 MARIA TA-PHAKKHONKHAM INTERIM EXECUTIVE DIRECTOR 40.00 0.00 18000 0 0 JENNIFER PAULY START DEC '24 EXECUTIVE DIRECTOR 40.00 0.00 3269 0 0 MARY RICCIARDI President 5.00 0.00 X X 0 0 0 EDWARD PERLMAN Vice President 3.00 0.00 X X 0 0 0 ELIZABETH CANADA Secretary 3.00 0.00 X X 0 0 0 JENNIFER MUNDY Treasurer 3.00 0.00 X X 0 0 0 MICHAEL BEAM Director 1.00 0.00 X 0 0 0 DEBORAH A CUTLER Director 1.00 0.00 X 0 0 0 PATRICIA FREDERICK Director 1.00 0.00 X 0 0 0 NORMA HIGGS NON-VOTING Dir Emeritus 1.00 0.00 X 0 0 0 MARK LAURRIE Director 1.00 0.00 X 0 0 0 KENNETH ROWE Director 1.00 0.00 X 0 0 0 EDITH SANFILIPPO Director 1.00 0.00 X 0 0 0 WILLLIAM SPRINGER Director 1.00 0.00 X 0 0 0 JUDITH TEDEROUS Director 1.00 0.00 X 0 0 0 LOUIS TOWNSEND NON-VOTING Dir Emeritus 1.00 0.00 X 0 0 0 55019 0 false false false 0 156215 1705542 8112 1861757 MISCELLANEOUS REVENUE 6987 6987 RENTAL INCOME 276322 276322 283309 21692 21692 0 0 0 0 60570 32660 27910 27910 0 0 0 2194668 283309 49602 0 0 0 0 55019 27510 13755 13754 0 193785 96892 48446 48447 0 1654 826 414 414 19475 9737 4869 4869 0 0 3600 3600 0 0 0 21492 21492 8318 4158 2080 2080 11937 5969 2984 2984 0 0 84523 71844 6762 5917 0 0 659 329 165 165 2628 2628 0 66746 33372 16687 16687 12869 6435 3217 3217 REPAIRS AND MAINTENANCE 53702 26850 13426 13426 ART GALLERY EXPENSES 6514 6514 CONTRACTED SERVICES 6264 3132 1566 1566 SUPPLIES 5541 2771 1385 1385 19873 8861 6104 4908 574599 305200 149580 119819 104576 77958 594757 908729 260000 6803 9737 0 0 0 0 2849 2691 3006498 920112 1322893 2086386 0 0 0 0 0 2031878 3345501 124536 124964 677374 405500 20000 20000 35000 820 820 857730 551284 X 997375 2128268 176773 665949 1174148 2794217 2031878 3345501 1620069 X false true X false false X 83061 230402 245342 311183 1861757 2731745 222859 228120 233429 251969 276322 1212699 0 0 0 305920 458522 478771 563152 2138079 3944444 0 0 3944444 89 31 25 10734 21692 32571 0 89 31 25 10734 21692 32571 0 22427 -3259 -22018 8807 34897 40854 328436 455294 456778 582693 2194668 4017869 0.98170 0.98250 0.00810 0.00510 X Support Schedule: Other Income Explanation Net income from special events and miscellaneous revenues related to tax-exempt purpose. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 100000 100000 333870 197146 136724 2480779 640754 1840025 30849 30337 512 61000 51875 9125 2086386 SECURITY DEPOSITS 820 820 X 2194668 2194668 2194668 574599 574599 574599 Part X : FIN48 Footnote FASB Accounting Standards Codification (ASC) Subtopic 740-10 (which incorporates most of former FASB Interpretation (FIN) No. 48, Accounting for Uncertainty in Income Taxes), requires that each tax position meet a more-likely-than-not test and that the tax benefits be correspondingly reduced if the result is not certain. ASC 740-10 provides guidance on recognition and measurements of uncertainties in income taxes recognized in financial statements by prescribing a more-likely-than-not recognition threshold and measurement attribute of tax positions taken.The Center has analyzed tax positions taken for filing with the Internal Revenue Service and all state jurisdictions where it operates. The Center believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse affect on the Center's financial condition, results of operations or cash flows. Accordingly, the Center has not recorded any reserves, or related accruals for interest and penalties for uncertain tax positions at December 31, 2024.The Center is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Center believes it is no longer subject to income tax examinations for the years prior to 2022.The Center's policy is to classify income tax related interest and penalties in interest expense and other expenses, respectively. X X X X false ART OF BEER 27816 27816 9040 SCULPT FUTURE 13070 13070 2 18659 18659 18023 59545 59545 27063 27063 32482 LOUIS TOWNSEND DIRECTOR cashflow X 20000 20000 true true true 20000 Form 990, Part VI, Section A, Line 4 THE CENTER AMENDED ITS BY-LAWS ON APRIL 24, 2024 FOR THE FOLLOWING, WHICH HAS BEENATTACHED AS A PDF DOCUMENT TO 2024 FORM 990 EXEMPT RETURN.ARTICLE IV-BOARD OF DIRECTORS: SECTION 4.3 TERMS OF OFFICE; SECTION 4.6 REMOVALARTICLE VI-COMMITTEES: GOVERNANCE, REMOVAL OF NOMINATING AND VOLUNTEER COMMITTEESARTICLE VII-MEETINGS: SECTION 7.3 REVISED WITH PROCEDURES FOR NOMINATION, VETTING, MEMBERSHIP NOTICE, ANNUAL MEETING RESPONSIBILITES AND PROCEDURES FOR NOMINATING BOARD MEMBERS.ARTICLE VIII-FINANCIAL AFFAIRS: ADDED INSTRUCTION FOR HANDLING AUTOMATED CLEARING HOUSE (ACH) AND ONLINE PAYMENTS. Form 990, Part VI, Section B, Line 11b FORM 990 REVIEW IS DELEGATED BY THE BOARD OF DIRECTORS TO THE FINANCE COMMITTEE, AND IS REVIEWED BY A FINANCE COMMITTEE MEMBER (OFFICER) PRIOR TO FILING. Form 990, Part VI, Section B, Line 12c CONFLICT OF INTEREST DECLARATION FORM SIGNED BY BOARD MEMBERS UPON ELECTION/APPOINTMENT TO BOARD AND ANNUALLY THEREAFTER. Form 990, Part VI, Section B, Line 15a BOARD OF DIRECTORS DETERMINES AND APPROVES COMPENSATION BASED ON BUDGET/FINANCES. Form 990, Part VI, Section C, Line 19 THE PUBLIC CAN REQUEST INFORMATION THROUGH THE ORGANIZATION'S WEBSITE - WWW.THENACC.ORG. FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.