Afme Foundation
- Assets
- $37.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 07/2014
- EIN
- 46-3626358
Organization Overview
Afme Foundation is located in Albuquerque, NM. The organization was established in 2014. According to its NTEE Classification (A31) the organization is classified as: Film & Video, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Afme 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 undefined, Afme Foundation generated $90.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $76.8k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (15.1%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Program Activity:
Part 3
AFME FOUNDATION WILL: (1)ENCOURAGE AND INSPIRE INDEPENDENT FILM AND MEDIA MAKERS; (2)INTRODUCE AUDIENCES TO THE WORK OF INDEPENDENT FILM AND MEDIA MAKERS; (3) SHIFT GLOBAL CONSCIOUSNESS THROUGH FILM AND MEDIA WHILE PROVIDING EDUCATIONAL AND CAREER OPPORTUNITIES IN THOSE FIELDS AND THE ARTS FOR FUTURE GENERATIONS; (4)SET STANDARDS FOR EXCELLENCE IN THE USE OF FILM AND MEDIA BY INDEPENDENT ARTISTS; (5)HOLD PERIODIC EDUCATIONAL CONVENTIONS OF INDEPENDENT FILM AND MEDIA MAKERS AND OTHERS AT WHICH SEMINARS, ROUNDTABLE DISCUSSIONS, WORKSHOPS, ARTISTIC DEMONSTRATIONS AND MEDIA EXHIBITIONS CAN, OR MAY BE PRESENTED; AND (6)TAKE ANY AND ALL OTHER ACTIONS CONSISTENT WITH THE PROMOTION, RECOGNITION, AND APPRECIATION OF INDEPENDENT FILM AND MEDIA MAKERS, AS SPECIFIED IN AFME FOUNDATION'S ARTICLES OF INCORPORATION. THE ANNUAL FILM FESTIVAL IS THE ORGANIZATION'S PRIMARY PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Ivan Wiener Executive Di | 40 | $25,300 | |
Larry Schwartz President | 5 | $0 | |
Clara Apodaca Vice Presidn | 5 | $0 | |
Robert Singer Secretary | 5 | $0 | |
Sibylle Szagger-Redford Director | 5 | $0 | |
Jeffrey L Baker Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $48,958 |
| Other Revenue | $0 |
| Total Revenue | $89,958 |
| Statement of Expenses | |
|---|---|
| Total expenses | $76,781 |
| Balance Sheet | |
|---|---|
| Total assets | $37,434 |
| Total liabilities | $3,500 |
| Net assets or fund balances | $33,934 |