Greater Cleveland Media Development Corporation
- Assets
- $1.1m
- Revenue
- $889.6k
- Investments
- $0.0
- Employees
- 7
- Location
- Cleveland, OH
- Founding
- 11/2002
- Data as of
- 12/2022
- EIN
- 34-1884733
Organization Overview
Greater Cleveland Media Development Corporation, operating under the name Greater Cleveland Film Commission, is located in Cleveland, OH. The organization was established in 2002. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Greater Cleveland Film Commission employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Cleveland Film Commission 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 12/2022, Greater Cleveland Film Commission generated $889.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $845.3k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE INCREASED MEDIA PRODUCTION IN NORTHEAST OHIO USING EFFECTIVE STRATEGIES FOR ATTRACTION AND WORKFORCE DEVELOPMENT INCLUDING BUILDING AN ARTISTIC INFRASTRUCTURE THROUGH FILM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GREATER CLEVELAND FILM COMMISSION (GCFC) IS THE ONLY 501(C)3 NONPROFIT DEDICATED TO DRIVING ECONOMIC DEVELOPMENT AND JOB CREATION BY CULTIVATING A ROBUST FILM AND TELEVISION INDUSTRY IN NORTHEAST OHIO. SINCE 2009, MEDIA PROJECTS IN OHIO HAVE GENERATED OVER $1.38 BILLION IN ECONOMIC IMPACT AND CREATED 7,092 FULL-TIME EQUIVALENT JOBS. MORE THAN 70% OF OHIO'S FILM TAX INCENTIVE SPENDING OCCURS IN GREATER CLEVELAND, THANKS TO OUR WORK. WHAT WE DO * ADVOCATE FOR PUBLIC POLICY THAT DRIVES PRODUCTION SPENDING AND HIRING TO NORTHEAST OHIO * ACTIVELY PURSUE MEDIA PRODUCTION BUSINESS BY GROWING RELATIONSHIPS WITH PRODUCERS AND PRODUCTION STUDIOS * PROVIDE A ONE-STOP-SHOP SUPPORTING LOCAL, NATIONAL AND INTERNATIONAL FILMMAKERS * CONNECT PRODUCERS DIRECTLY TO LOCAL CAST, CREW, AND VENDORS * CURATE EDUCATION TRAINING PROGRAMS (PRODUCTION ASSISTANT WORKSHOPS, FILMSKILLS, LECTURES, INTERNSHIPS, AND SEMINARS) * HOST FILM SCREENINGS AND NETWORKING MIXERS TO BUILD A STRONGER LOCAL WORKFORCE * VISIT US AT HTTPS://WWW.CLEVELANDFILM.COM/
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Garvey President Effective October 2021 | Officer | 40 | $147,500 |
Seema Jayaswal Chief Operating Officer | 40 | $118,225 | |
Jon Wagner Director | Trustee | 1 | $0 |
Drew Stelzer Secretary | OfficerTrustee | 1 | $0 |
Leslie Graf Treasurer Through May 2022 | OfficerTrustee | 1 | $0 |
Richard Clark Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $507,960 |
| All other contributions, gifts, grants, and similar amounts not included above | $362,039 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $869,999 |
| Total Program Service Revenue | $0 |
| 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 | $19,605 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $889,604 |
| 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. | $314,944 |
| Compensation of current officers, directors, key employees. | $13,474 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $160,839 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $66,161 |
| Payroll taxes | $36,750 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,250 |
| Fees for services: Lobbying | $24,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,186 |
| Advertising and promotion | $65,278 |
| Office expenses | $8,744 |
| Information technology | $3,795 |
| Royalties | $0 |
| Occupancy | $48,791 |
| Travel | $17,440 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,505 |
| Interest | $4,131 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,903 |
| Insurance | $6,338 |
| All other expenses | $0 |
| Total functional expenses | $845,314 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $513,427 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $10,777 |
| Accounts receivable, net | $0 |
| 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 | $22,407 |
| Net Land, buildings, and equipment | $19,378 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $517,752 |
| Total assets | $1,083,741 |
| Accounts payable and accrued expenses | $18,820 |
| 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 | $145,979 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $520,974 |
| Total liabilities | $685,773 |
| Net assets without donor restrictions | $391,968 |
| Net assets with donor restrictions | $6,000 |
| 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 | $1,083,741 |