Nantucket Film Foundation Incorporation
- Assets
- $640.3k
- Revenue
- $776.4k
- Investments
- $0.0
- Employees
- 56
- Location
- New York, NY
- Founding
- 08/1996
- Data as of
- 08/2021
- EIN
- 13-3865410
Organization Overview
Nantucket Film Foundation Incorporation is located in New York, NY. The organization was established in 1996. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2023, Nantucket Film Foundation Incorporation employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nantucket Film Foundation Incorporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2021, Nantucket Film Foundation Incorporation generated $776.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $698.2k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CELEBRATE THE VAST DIVERSITY OF HUMAN EXPERIENCE THROUGH THE ART OF SCREENWRITING AND STORYTELLING
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE ART OF SCREENWRITING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mystelle Brabbee Executive Director | 35 | $132,500 | |
Mystelle Brabbe Executive Dir. | OfficerTrustee | 0 | $0 |
Nancy Dubac Director | Trustee | 0 | $0 |
Ginny Grenham Director | Trustee | 0 | $0 |
Donick Cary Director | Trustee | 0 | $0 |
Cecelia Joyce Johnson Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $450,720 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $310,033 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,762 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $776,358 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $110,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $220,698 |
| Pension plan accruals and contributions | $2,500 |
| Other employee benefits | $18,630 |
| Payroll taxes | $24,207 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,843 |
| Office expenses | $33,204 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,834 |
| All other expenses | $0 |
| Total functional expenses | $698,202 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $553,005 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $64,597 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $18,596 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,150 |
| Total assets | $640,348 |
| Accounts payable and accrued expenses | $70,831 |
| Grants payable | $0 |
| Deferred revenue | $48,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $149,900 |
| Other liabilities | $200 |
| Total liabilities | $268,931 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $371,417 |