Full Spectrum Features Nfp
- Assets
- $1.2m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 12
- Location
- Chicago, IL
- Founding
- 06/2015
- Data as of
- 12/2022
- EIN
- 47-4243325
Organization Overview
Full Spectrum Features Nfp is located in Chicago, IL. The organization was established in 2015. 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 12/2022, Full Spectrum Features Nfp employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Full Spectrum Features Nfp 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, Full Spectrum Features Nfp generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 50.7% each year . All expenses for the organization totaled $2.1m during the year ending 12/2022. While expenses have increased by 51.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
COMMITTED TO DRIVING EQUITY IN THE INDEPENDENT FILM INDUSTRY BY PRODUCING, EXHIBITING, AND SUPPORTING THE WORK OF WOMEN, BIPOC, AND LGBTQ+ FILMMAKERS. EDUCATE THE PUBLIC ABOUT IMPORTANT SOCIAL AND CULTURAL ISSUES, UTILIZING THE POWER OF CINEMA TO FOSTER UNDERSTANDING
Describe the Organization's Program Activity:
Part 3 - Line 4a
1) PROVIDED FILM DEVELOPMENT AND PRODUCTION SERVICES FOR THE PURPOSE OF INCREASINGEQUITY WITHIN THE PROCESS OF FILMMAKING AND LEADING THE DISCUSSION ABOUT IMPORTANTSOCIAL AND CULTURAL ISSUES. THIS WAS MADE POSSIBLE BY APPROXIMATELY 40 VOLUNTEERS WHO DONATED 2500 HOURS OF SERVICE TO THE ORGANIZATION. APPROXIMATELY 1,500 PEOPLEDIRECTLY BENEFITED FROM THIS ACTIVITY. FILMMAKING ACTIVITY RETURNED WITH NEW HEALTH AND SAFETY MANDATES IN CONSIDERATION OF COVID 19. 2) EXHIBITED FILMS AND PROGRAMS THAT REPRESENT THE WORK OF WOMEN, LGBTQ, AND MINORITY FILMMAKERS, AS WELL AS FILMS AND PROGRAMS THAT INCREASED THE AWARENESS OF SOCIAL AND CULTURAL INEQUITY WHICH SPARKED IMPORTANT AND CHALLENGING DIALOGUE. THIS WAS MADE POSSIBLE BY APPROXIMATELY 25 VOLUNTEERS WHO DONATED NEARLY 750 HOURS OF SERVICE TO THE ORGANIZATION. APPROXIMATELY 2,500 PEOPLE DIRECTLY BENEFITED FROM THIS ACTIVITY.IN PERSON ACTIVITY RETURNED AND WAS PROGRAMMED IN ADDITION TO VIRTUAL EXHIBITION ACTIVITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eugene Park Co-Exec. Dir. | Officer | 40 | $58,288 |
Jason Matsumoto Co-Exec. Dir. | Officer | 40 | $48,280 |
Maggie Taft President | OfficerTrustee | 2 | $0 |
Tony Scott Green Secretary | OfficerTrustee | 2 | $0 |
Jonathan Laxamana Treasurer | OfficerTrustee | 2 | $0 |
Zeke Anders Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $314,393 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,107,935 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,422,328 |
| Total Program Service Revenue | $660,326 |
| Investment income | $40 |
| 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 | $2,082,694 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $75,000 |
| 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. | $106,568 |
| Compensation of current officers, directors, key employees. | $53,284 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $201,979 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,801 |
| Payroll taxes | $22,941 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,428,876 |
| Advertising and promotion | $8,344 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $45,445 |
| Travel | $18,308 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,708 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,506 |
| All other expenses | $4,778 |
| Total functional expenses | $2,129,600 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $406,947 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $409,100 |
| Accounts receivable, net | $359,299 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,000 |
| Total assets | $1,176,346 |
| Accounts payable and accrued expenses | $297,113 |
| 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 | $523,708 |
| Other liabilities | $0 |
| Total liabilities | $820,821 |
| Net assets without donor restrictions | $97,188 |
| Net assets with donor restrictions | $258,337 |
| 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 | $1,176,346 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Full Spectrum Features Nfp has recieved totaling $79,445.
| Awarding Organization | Amount |
|---|---|
Joyce Foundation Chicago, IL PURPOSE: CULTURE | $30,000 |
Ja Community Foundation Oakland, CA PURPOSE: COMMUNITY OUTREACH | $25,000 |
Crossroads Fund Chicago, IL PURPOSE: General operations | $11,000 |
Manaaki Foundation Chicago, IL PURPOSE: EXEMPT PURPOSE OF ORGANIZATION | $7,420 |
Field Foundation Of Illinois Inc Chicago, IL PURPOSE: CHICAGO BIPOC MEDIA FUND | $6,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $25 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Motion Picture Studio Mechanics Union Local 476 Welfare Fund Chicago, IL | $11,578,418 | $19,043,611 |
Milwaukee Film Inc Milwaukee, WI | $11,142,698 | $5,451,115 |
Kartemquin Educational Films Chicago, IL | $3,174,379 | $4,498,578 |
Full Spectrum Features Nfp Chicago, IL | $1,176,346 | $2,082,694 |
The Historymakers Chicago, IL | $11,203,643 | $3,175,641 |
Filmscene Iowa City, IA | $4,227,743 | $1,496,173 |
Kindling Group Nfp Chicago, IL | $1,023,785 | $1,220,698 |
Chicago International Film Festival Inc Cinema-Chicago Chicago, IL | $285,412 | $1,440,055 |
Facets-Multimedia Incorporated Chicago, IL | $1,131,562 | $1,233,585 |
Fresh Films Rock Island, IL | $1,182,090 | $1,432,613 |
Chicago Filmmakers Chicago, IL | $2,683,095 | $764,058 |
Indianapolis Film Project Inc Indianapolis, IN | $6,275,341 | $997,400 |