Bffoundation
- Assets
- $341.5k
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 5
- Location
- Bentonville, AR
- Founding
- Data as of
- 12/2023
- EIN
- 85-1096143
Organization Overview
Bffoundation is located in Bentonville, AR. 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 12/2023, Bffoundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bffoundation 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 12/2023, Bffoundation generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 28.8% each year . All expenses for the organization totaled $1.6m during the year ending 12/2023. While expenses have increased by 30.4% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO INFLUENCE MAINSTREAM MEDIA TO INCREASE DIVERSITY IN THE CONTENT THAT IS PRODUCED AND DISTRIBUTED
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BENTONVILLE FILM FESTIVAL IS A ONE OF A KIND EVENT THAT CHAMPIONS INCLUSION IN ALL FORMS OF MEDIA
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendy Guerrero President | Officer | 40 | $100,000 |
Tracie Flink Treasurer | Officer | 40 | $81,000 |
Christy Duran Secretary | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $100 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $20,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,508,744 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,528,844 |
| Total Program Service Revenue | $75,309 |
| Investment income | $0 |
| 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 | $1,604,153 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $20,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $100,000 |
| Compensation of current officers, directors, key employees. | $20,000 |
| Compensation to disqualified persons | $173,551 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,712 |
| Payroll taxes | $22,987 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,291 |
| Fees for services: Accounting | $2,356 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $209,584 |
| Office expenses | $17,540 |
| Information technology | $3,270 |
| Royalties | $0 |
| Occupancy | $32,839 |
| Travel | $321,329 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,000 |
| Interest | $1,178 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,602 |
| All other expenses | $0 |
| Total functional expenses | $1,602,997 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $177,517 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $105,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $5,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $50,000 |
| Total assets | $341,517 |
| Accounts payable and accrued expenses | $41,721 |
| 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 | $0 |
| Total liabilities | $41,721 |
| Net assets without donor restrictions | $299,796 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $341,517 |
Grants Awarded
Over the last fiscal year, Bffoundation has awarded $90,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
DEALING WITH DAD LLC PURPOSE: ARTIST SUSTAINABILITY | $25,000 |
ESPINA BLANCA PRODUCTIONS LLC PURPOSE: ARTIST SUSTAINABILITY | $20,000 |
DEALING WITH DAD LLC PURPOSE: ARTIST SUSTAINABILITY | $25,000 |
ESPINA BLANCA PRODUCTIONS LLC PURPOSE: ARTIST SUSTAINABILITY | $20,000 |