Brave New Films 501 C 3
- Assets
- $801.1k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 25
- Location
- Culver City, CA
- Founding
- 09/1994
- Data as of
- 12/2021
- EIN
- 94-3209789
Organization Overview
Brave New Films 501 C 3 is located in Culver City, CA. The organization was established in 1994. 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 12/2021, Brave New Films 501 C 3 employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brave New Films 501 C 3 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 12/2021, Brave New Films 501 C 3 generated $1.1m 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 (17.9%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CHAMPION SOCIAL JUSTICE ISSUES BY USING A MODEL OF MEDIA, EDUCATION, AND GRASSROOTS VOLUNTEER INVOLVEMENT THAT INSPIRES, EMPOWERS, MOTIVATES AND TEACHES CIVIC PARTICIPATION AND MAKES A DIFFERENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDIA PRODUCTIONS - CENTERED AROUND INFORMATIVE AND EDUCATIONAL SOCIAL JUSTICE VIDEOS, DOCUMENTARIES AND WEB SERIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Devin Smith VP Of Operations | Officer | 40 | $150,293 |
Casey Johnson Head Of Production | 40 | $127,069 | |
Robert Greenwald President | OfficerTrustee | 30 | $0 |
Kimber Kissel Secretary/treasurer | OfficerTrustee | 0.5 | $0 |
David Bryan Director | Trustee | 0.5 | $0 |
Rick Perez Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Anecdote Media Llc | 12/30/19 | $154,609 |
Robert Greenwald Films | 12/30/19 | $146,524 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $317,167 |
| All other contributions, gifts, grants, and similar amounts not included above | $820,713 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,137,880 |
| Total Program Service Revenue | $6,150 |
| Investment income | $802 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $114 |
| 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 | $1,144,946 |
| 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. | $150,293 |
| Compensation of current officers, directors, key employees. | $34,793 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $735,520 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $91,352 |
| Payroll taxes | $67,708 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,238 |
| Fees for services: Accounting | $74,539 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $37,917 |
| Advertising and promotion | $0 |
| Office expenses | $90,686 |
| Information technology | $150,743 |
| Royalties | $0 |
| Occupancy | $167,363 |
| Travel | $3,338 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,341 |
| Insurance | $28,456 |
| All other expenses | $0 |
| Total functional expenses | $1,810,272 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $125,474 |
| Savings and temporary cash investments | $572,248 |
| Pledges and grants receivable | $45,000 |
| Accounts receivable, net | $13,820 |
| 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 | $9,383 |
| Net Land, buildings, and equipment | $35,164 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $801,089 |
| Accounts payable and accrued expenses | $9,709 |
| 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 | $9,709 |
| Net assets without donor restrictions | $755,333 |
| Net assets with donor restrictions | $36,047 |
| 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 | $801,089 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Brave New Films 501 C 3 has recieved totaling $295,311.
| Awarding Organization | Amount |
|---|---|
Foundation To Promote Open Society New York, NY PURPOSE: TO PROVIDE GENERAL SUPPORT | $150,000 |
The@barry And Wendy Meyer Charitable Foundation Encino, CA PURPOSE: TO CHAMPION SOCIAL JUSTICE ISSUES BY USING A MODEL OF MEDIA, EDUCATION, AND GRASSROOTS VOLUNTEERS INVOLVEMENT | $50,000 |
Wallace Global Fund Ii Washington, DC PURPOSE: SUPPORT TO PROMOTE INDEPENDENT VOICES IN THE MEDIA | $40,000 |
Jkw Foundation Tr Ua 092597 New York, NY PURPOSE: GENERAL SUPPORT | $25,000 |
Fonda Family Foundation Inc Atlanta, GA PURPOSE: FURTHER ORGANIZATION'S EXEMPT PURPOSE | $18,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $11,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Documentary Association Inc Los Angeles, CA | $8,198,815 | $12,252,709 |
Film Independent Inc Los Angeles, CA | $7,465,634 | $11,527,723 |
Array Alliance Inc Encino, CA | $23,025,170 | $9,034,009 |
Santa Barbara International Film Festival Inc Santa Barbara, CA | $7,671,000 | $6,230,884 |
California Film Institute San Rafael, CA | $8,333,182 | $5,073,101 |
National Film Preserve Ltd Berkeley, CA | $40,155,231 | $15,232,996 |
Bfca Los Angeles, CA | $405,968 | $4,064,869 |
San Francisco Film Society San Francisco, CA | $2,689,392 | $4,948,774 |
Outfest Los Angeles, CA | $414,961 | $3,920,238 |
Bay Area Video Coalition Inc San Francisco, CA | $1,856,423 | $3,177,189 |
American Cinematheque Los Angeles, CA | $27,763,140 | $2,833,838 |
Forward Impact Los Angeles, CA | $1,099,494 | $2,810,551 |