Film Forum Inc
- Assets
- $19.3m
- Revenue
- $8.2m
- Investments
- $0.0
- Employees
- 62
- Location
- New York, NY
- Founding
- 12/1975
- Data as of
- 06/2022
- EIN
- 51-0175953
Organization Overview
Film Forum Inc is located in New York, NY. The organization was established in 1975. 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, Film Forum Inc employed 62 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Film Forum 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 06/2022, Film Forum Inc generated $8.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $6.3m during the year ending 06/2022. While expenses have increased by 3.3% 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
FILM FORUM EXHIBITS NEW INDEPENDENT FILMS AND REPERTORY FILMS FROM CINEMA HISTORY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FILM EXHIBITION FILM FORUM CONTINUES ITS WORK OF: PREMIERING AN INTERNATIONAL ARRAY OF NEW FILMS THAT TREAT DIVERSE SOCIAL, POLITICAL, HISTORICAL AND CULTURAL REALITIES; AND, PRESENTING THE BEST IN CLASSIC AND GENRE CINEMA FROM AROUND THE WORLD AND TAKING RISKS ON MOVIES BOTH OLD AND NEW. PROGRAMMING IS BASED ON A FILM'S INHERENT ARTISTIC QUALITY AS OPPOSED TO COMMERCIAL CINEMAS THAT MAKE DECISIONS BASED ON THE BROADEST BOX OFFICE APPEAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gray Coleman Chairman | OfficerTrustee | 1 | $0 |
Karen Cooper President/treasurer | OfficerTrustee | 40 | $303,287 |
Calvin Baker Board Member | Trustee | 1 | $0 |
Hugo Barreca Board Member | Trustee | 1 | $0 |
Karen Crennan Board Member | Trustee | 1 | $0 |
Kristina Dalio Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Benchmark Builders Inc Construction Contractor | 6/29/19 | $2,525,353 |
Cinema Technology Services Llc Cinema Equipment Maintenance, Supplies A | 6/29/19 | $267,315 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $464,159 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,345,065 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,009,892 |
| Noncash contributions included in lines 1a–1f | $133,647 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,819,116 |
| Total Program Service Revenue | $1,888,976 |
| Investment income | $169,189 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $114,600 |
| Net Gain/Loss on Asset Sales | -$39,283 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $208,430 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,218,079 |
| 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. | $495,590 |
| Compensation of current officers, directors, key employees. | $93,290 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,234,849 |
| Pension plan accruals and contributions | $49,391 |
| Other employee benefits | $269,360 |
| Payroll taxes | $245,433 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,659 |
| Fees for services: Accounting | $34,576 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $27,151 |
| Fees for services: Other | $151,076 |
| Advertising and promotion | $93,307 |
| Office expenses | $259,484 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $833,942 |
| Travel | $47,753 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,275 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $525,210 |
| Insurance | $44,880 |
| All other expenses | $161,739 |
| Total functional expenses | $6,304,402 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,874,736 |
| Savings and temporary cash investments | $2,070,058 |
| Pledges and grants receivable | $336,430 |
| Accounts receivable, net | $17,650 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,210 |
| Prepaid expenses and deferred charges | $23,544 |
| Net Land, buildings, and equipment | $7,879,757 |
| Investments—publicly traded securities | $5,934,163 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $137,976 |
| Total assets | $19,276,524 |
| Accounts payable and accrued expenses | $259,663 |
| Grants payable | $0 |
| Deferred revenue | $327,963 |
| 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 | $583,700 |
| Other liabilities | $726,168 |
| Total liabilities | $1,897,494 |
| Net assets without donor restrictions | $11,865,165 |
| Net assets with donor restrictions | $5,513,865 |
| 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 | $19,276,524 |