Nashville Film Festival
- Assets
- $130.2k
- Revenue
- $530.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Nashville, TN
- Founding
- 11/1973
- Data as of
- 12/2021
- EIN
- 23-7258049
Organization Overview
Nashville Film Festival is located in Nashville, TN. The organization was established in 1973. According to its NTEE Classification (A31) the organization is classified as: Film & Video, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Nashville Film Festival employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nashville Film Festival 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 12/2021, Nashville Film Festival generated $530.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $560.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 7 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 PROMOTE OR SHOWCASE INDEPENDENT AND STUDENT FILMS AND FILM MAKERS THROUGH AN ANNUAL FILM FESTIVAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A SHOWCASE FOR IMAGINATIVE STUDENTS AND INDEPENDENT FILM PRODUCERS AND TO STIMULATE TEACHING OF FILM AND FILM STUDY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Padgitt Executive Di | Officer | 40 | $85,600 |
Jason Leiss Treasurer | OfficerTrustee | $0 | |
Natasha Corrieri President | OfficerTrustee | $0 | |
Randall Foster Secretary | OfficerTrustee | $0 | |
Shannon Casey Vice Preside | OfficerTrustee | $0 | |
Will Lowery Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $112,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $56,356 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $168,556 |
| Total Program Service Revenue | $361,342 |
| Investment income | $184 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $530,082 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $85,000 |
| Compensation of current officers, directors, key employees. | $26,350 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $51,350 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,303 |
| Payroll taxes | $11,284 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $20,363 |
| Office expenses | $15,966 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $26,944 |
| Travel | $50,945 |
| 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 | $2,069 |
| Insurance | $12,038 |
| All other expenses | $21,840 |
| Total functional expenses | $560,460 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,648 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $36,120 |
| 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 | $3,995 |
| Net Land, buildings, and equipment | $1,470 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $130,233 |
| Accounts payable and accrued expenses | $5,904 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $29,054 |
| Other liabilities | $0 |
| Total liabilities | $34,958 |
| Net assets without donor restrictions | $95,275 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $130,233 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Nashville Film Festival has recieved totaling $7,508.
| Awarding Organization | Amount |
|---|---|
Sandra Schatten Foundation Nashville, TN PURPOSE: TO FULFILL THE EXEMPT PURPOSES OF THE FOUNDATION | $7,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $8 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Atlanta Jewish Film Society Inc Marietta, GA | $1,057,555 | $1,845,019 |
Sidewalk Film Center And Cinema Inc Birmingham, AL | $3,485,005 | $1,620,388 |
Titus International Institute Chattanooga, TN | $1,012,269 | $1,715,109 |
International Window Film Association Martinsville, VA | $402,908 | $1,103,619 |
Workingfilms Inc Wilmington, NC | $1,517,898 | $1,390,064 |
Independent Media Artists Of Ga Etc Inc Atlanta, GA | $644,570 | $1,227,603 |
Bffoundation Bentonville, AR | $329,044 | $1,253,355 |
Middleburg Film Festival Middleburg, VA | $254,170 | $817,838 |
Indie Memphis Memphis, TN | $292,836 | $430,243 |
Riverrun International Film Festival Winstonsalem, NC | $505,941 | $667,831 |
Nashville Film Festival Nashville, TN | $130,233 | $530,082 |
Athens Film Arts Institute Inc Athens, GA | $2,591,562 | $922,375 |