Montclair Film Festival Inc
- Assets
- $5.0m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 69
- Location
- Montclair, NJ
- Founding
- 10/2010
- Data as of
- 03/2024
- EIN
- 27-1732322
Organization Overview
Montclair Film Festival Inc is located in Montclair, NJ. The organization was established in 2010. 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 03/2024, Montclair Film Festival Inc employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montclair Film Festival Inc 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 03/2024, Montclair Film Festival Inc generated $4.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $4.5m during the year ending 03/2024. While expenses have increased by 11.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
MONTCLAIR FILM CONNECTS GLOBAL FILMMAKERS WITH AUDIENCES IN A DIVERSE, CULTURALLY VIBRANT COMMUNITY BY PRESENTING FILMS AND YEAR-ROUND PROGRAMS THAT ENGAGE, ENTERTAIN, AND EDUCATE THROUGH THE POWER OF VISUAL STORYTELLING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXHIBITION: THE ORGANIZATIONS EXHIBITION PROGRAMS INLCUDE ITS SIGNATURE ANNAUL FILM FESTIVAL HELD IN OCTOBER, FEATURING 150+ FILM SCREENINGS, REACHING TYPICALLY 25,000+ PATRONS OVER 10 DAYS. IN ADDITION, THE ORGANIZATION LEASES AND OPERATES THE CLAIRIDGE, A SIX SCREEN MOVIE THEATER WITH OVER 590 SEATS, AND PRESENTS NEW THEATRICIAL RELEASES, INDEPENDENT, NON-FICTION, STUDIO, AND CLASSIC FILMS TO OUR COMMUNITY 365 DAYS A YEAR. MONTCLAIR FILM ALSO OPERATES A 65-SEAT THEATER CALLED CINEMA505, WHICH HOSTS PERFORMANCES, CONVERSATIONS, TELEVISION TAPINGS, SCREENINGS, CLASSES, AND MORE. CINEMA505 IS LOCATED IN THE HOME AND HEADQUARTERS FOR THE ORGANIZATION.
EDUCATION: THE ORGANIZATION'S EDUCATION PROGRAMS INCLUDE: YEAR-ROUND WORKSHOPS, CLASSES, AND SEMINARS ABOUT THE CRAFT OF FILMMAKING, STORYTELING, AND NEW MEDIA;CAREER DEVELOPMENT OPPORTUNITIES; FILMMAKING AND SCREENWRITING COMPETITIONS FOR YOUNG FILMMAKERS; SUMMER FILMMAKING ACADEMY CLASSES; FILM CLUB FOR SPECIAL NEEDS AUDIENCES; SPECIAL SCREENINGS AT THE CLAIRIDGE FOR MIDLE AND HIGH SCHOOL STUDENTS TO GENERATE A DSICUSSION ABOUT SOCIAL ISSUES; AND FILMMAKING AND OTHER STORYTELING COURSES AT MIDDLE AND HIGH SCHOOLS. THE ORGANIZATION OFFERS SCHOLARSHIPS TO THOSE IN NEED TO ENSURE THESE OPPORTUNITIES ARE AVAILABLE TO ALL.
FORUMS: THESE PROGRAMS INCLUDE THE STORYTELLER SERIES OF CONVERSATIONS WITH FILM AND TELEVISION INDUSTRY INSIDERS; PANEL DISCUSSIONS; MASTER CLASSES; STORYTELLING AND IMPROV PROGRAMS INVITING THE AUDIENCE TO PARTICIPATE; AND OTHER PROGRAMS THAT USE FILM AS A SPRINGBOARD TO EXPLORE TOPICS AND ENCOURAGE CONVERSATIONS THAT ARE IMPORTANT TO COMMUNITY PARTNERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Evelyn Mcgee Colbert President | OfficerTrustee | 3 | $0 |
Matthew Iversen Secretary | OfficerTrustee | 3 | $0 |
Don Zief Treasurer | OfficerTrustee | 3 | $0 |
Sarah Barrack VP Community & Artistic | OfficerTrustee | 1 | $0 |
Trevor Gandy VP Nominating & Governance | OfficerTrustee | 1 | $0 |
Karen Gulliver VP Education | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $239,111 |
| Fundraising events | $47,486 |
| Related organizations | $0 |
| Government grants | $213,041 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,109,653 |
| Noncash contributions included in lines 1a–1f | $13,100 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,609,291 |
| Total Program Service Revenue | $2,485,625 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $258,087 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,602,807 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| 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. | $290,000 |
| Compensation of current officers, directors, key employees. | $66,300 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,237,133 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $41,560 |
| Payroll taxes | $157,260 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,741 |
| Fees for services: Accounting | $59,180 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $378,696 |
| Advertising and promotion | $161,745 |
| Office expenses | $82,473 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $476,344 |
| Travel | $43,209 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $15,716 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $199,810 |
| Insurance | $110,731 |
| All other expenses | $230,148 |
| Total functional expenses | $4,502,316 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $288,296 |
| Savings and temporary cash investments | $87,982 |
| Pledges and grants receivable | $188,567 |
| Accounts receivable, net | $26,234 |
| 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 | $20,210 |
| Net Land, buildings, and equipment | $3,907,680 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $62,155 |
| Other assets | $420,026 |
| Total assets | $5,001,150 |
| Accounts payable and accrued expenses | $224,361 |
| Grants payable | $0 |
| Deferred revenue | $194,020 |
| 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 | $634,132 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $414,053 |
| Total liabilities | $1,466,566 |
| Net assets without donor restrictions | $3,446,746 |
| Net assets with donor restrictions | $87,838 |
| 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 | $5,001,150 |