Film Prize Foundation Inc

Organization Overview

Film Prize Foundation Inc, operating under the name Louisiana Film Prize Foundation, is located in Shreveport, LA. The organization was established in 2013. 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, Louisiana Film Prize Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisiana Film Prize Foundation 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, Louisiana Film Prize Foundation generated $842.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $835.3k during the year ending 12/2021. While expenses have increased by 6.1% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE SHORT FILM PRODUCTIONS IN THE LOCAL AREA BY HAVING AN ANNUAL CONTEST. THE CONTEST INVITES ALL INDIVIDUALS ACROSS THE COUNTRY TO SHOOT A SHORT FILM CENTERED IN THE SHREVEPORT/BOSSIER CITY AREA WITH WINNERS RECEIVING GRANTS AND PRIZES. ALSO, THE FILM PRIZE FOUNDATION, INC. SUPPORTS OTHER LOCAL ACTIVITIES BY HAVING ADDITIONAL CONTESTS/FESTIVALS: LOUISIANA STARTUP PRIZE, LOUISIANA MUSIC PRIZE AND THE LOUISIANA FOOD PRIZE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROMOTE SHORT FILM PRODUCTIONS IN THE LOCAL AREA BY HAVING AN ANNUAL CONTEST. THE CONTEST INVITES ALL INDIVIDUALS ACROSS THE COUNTRY TO SHOOT A SHORT FILM CENTERED IN THE SHREVEPORT/BOSSIER CITY AREA WITH WINNERS RECEIVING GRANTS AND PRIZES. ALSO, THE FILM PRIZE FOUNDATION, INC. SUPPORTS OTHER LOCAL ACTIVITIES BY HAVING ADDITIONAL CONTESTS/FESTIVALS: LOUISIANA STARTUP PRIZE, LOUISIANA MUSIC PRIZE AND THE LOUISIANA FOOD PRIZE.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,500
All other contributions, gifts, grants, and similar amounts not included above$819,415
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$822,915
Total Program Service Revenue$0
Investment income $215
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 $842,166

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Film Prize Foundation Inc has recieved totaling $7,000.

Awarding OrganizationAmount
Monteleone Family Foundation

New Orleans, LA

PURPOSE: GENERAL DONATION

$5,000
Gannett Foundations Inc

Mclean, VA

PURPOSE: CHARITABLE PURPOSE

$2,000
View Grant Recipient Profile

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