Minnesota Motion Picture And Television Board Inc
- Assets
- $115.2k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 3
- Location
- Minneapolis, MN
- Founding
- 10/1981
- Data as of
- 06/2021
- EIN
- 41-1461730
Organization Overview
Minnesota Motion Picture And Television Board Inc is located in Minneapolis, MN. The organization was established in 1981. 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 06/2022, Minnesota Motion Picture And Television Board Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Motion Picture And Television Board 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 06/2021, Minnesota Motion Picture And Television Board Inc generated $1.4m 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 (19.0%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (19.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Minnesota Motion Picture And Television Board Inc has awarded 151 individual grants totaling $22,420,305. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF FILM, TELEVISION AND OTHER MEDIA PRODUCTION IN MINNESOTA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL PROGRAM PROVIDING SUPPORTING SERVICES, REFERRALS, LOCATION RESEARCH, ETC. TO PROMOTE FILM, TELEVISION, AND OTHER MEDIA PRODUCTION IN MINNESOTA.
GENERAL PROGRAM PROVIDING SUPPORTING SERVICES, REFERRALS, LOCATION RESEARCH, ETC. TO PROMOTE FILM, TELEVISION, AND OTHER MEDIA PRODUCTION IN MINNESOTA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Van Hayden Co-Chair | OfficerTrustee | 0 | $0 |
Tacy Mangan Vice Chair | OfficerTrustee | 0 | $0 |
Stephanie Miller Co-Chair | OfficerTrustee | 0 | $0 |
Will Prescott Secretary | OfficerTrustee | 0 | $0 |
Jennifer Spire Treasurer | OfficerTrustee | 0 | $0 |
Jane Durkee Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,423,334 |
| Investment income | $286 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $14,748 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,444,008 |
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $243,782 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,711 |
| Payroll taxes | $20,856 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,120 |
| Fees for services: Accounting | $7,255 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,388 |
| Office expenses | $439 |
| Information technology | $2,307 |
| Royalties | $0 |
| Occupancy | $30,810 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,936 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,466 |
| All other expenses | $0 |
| Total functional expenses | $1,378,028 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,973 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,247 |
| 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 | $935 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $115,155 |
| Accounts payable and accrued expenses | $193 |
| 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 | $0 |
| Other liabilities | $50,000 |
| Total liabilities | $50,193 |
| 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 | $64,962 |
Grants Awarded
Over the last fiscal year, Minnesota Motion Picture And Television Board Inc has awarded $223,606 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
MAKE LLC PURPOSE: MN FILM PRODUCTION | $102,111 |
EMERGENCE PICTURES INC PURPOSE: MN FILM PRODUCTION | $31,478 |
NE PICTURES LLC PURPOSE: MN FILM PRODUCTION | $31,027 |
BROWN HORSE MEDIA LLC PURPOSE: MN FILM PRODUCTION | $29,510 |
GRAVEL ROAD PRODUCTIONS LLC PURPOSE: MN FILM PRODUCTION | $29,480 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Minnesota Motion Picture And Television Board Inc has recieved totaling $625.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: PROGRAM/OPERATING SUPPORT | $500 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: PROGRAM/OPERATING SUPPORT | $125 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Milwaukee Film Inc Milwaukee, WI | $11,142,698 | $5,451,115 |
Filmnorth St Paul, MN | $1,125,658 | $2,207,812 |
Only A Dim Image Productions Stillwater, MN | $2,381,052 | $1,695,950 |
Minnesota Motion Picture And Television Board Inc Minneapolis, MN | $115,155 | $1,444,008 |
Filmscene Iowa City, IA | $4,227,743 | $1,496,173 |
The Film Society Of Minneapolis St Paul Minneapolis, MN | $484,484 | $770,520 |
Foundation For The Exhibition Of Photography Minneapolis, MN | $749,878 | $422,523 |
Production Farm Inc Whitelaw, WI | $492,060 | $608,112 |
Twin Cities International Film Festival St Louis Park, MN | $44,643 | $318,760 |
Julien Dubuque International Film Festival Dubuque, IA | $40,216 | $238,170 |
Human Family Inc Fargo, ND | $43,171 | $0 |
Frozen River Film Festival Winona, MN | $90,525 | $156,902 |