Brave New Films 501 C 3
- Assets
- $349.3k
- Revenue
- $643.0k
- Investments
- $0.0
- Employees
- 19
- Location
- Los Angeles, CA
- Founding
- 09/1994
- Data as of
- 12/2023
- EIN
- 94-3209789
Organization Overview
Brave New Films 501 C 3 is located in Los Angeles, 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 12/2023, Brave New Films 501 C 3 employed 19 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 12/2023, Brave New Films 501 C 3 generated $643.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (13.8%) each year. All expenses for the organization totaled $661.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (15.4%) per year over the past 8 years. 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 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Casey Johnson Head Of Production | 40 | $120,000 | |
Kimberly Kissel Secretarytreasurer | OfficerTrustee | 40 | $101,400 |
Danny Goldberg Director | Trustee | 0.5 | $0 |
Rick Perez Director | Trustee | 0.5 | $0 |
Richard Foos Director | Trustee | 0.5 | $0 |
Anna Burger 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 | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $658,989 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $658,989 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $4,483 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$20,464 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $643,008 |
| 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. | $76,050 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $266,353 |
| Pension plan accruals and contributions | $3,476 |
| Other employee benefits | $46,916 |
| Payroll taxes | $34,443 |
| Fees for services: Management | $22,292 |
| Fees for services: Legal | $3,000 |
| Fees for services: Accounting | $2,482 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,250 |
| Advertising and promotion | $3,759 |
| Office expenses | $82,286 |
| Information technology | $10,573 |
| Royalties | $0 |
| Occupancy | $9,854 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $975 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,911 |
| Insurance | $25,950 |
| All other expenses | $36,177 |
| Total functional expenses | $661,747 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $161,053 |
| Savings and temporary cash investments | $51,535 |
| Pledges and grants receivable | $100,000 |
| Accounts receivable, net | $35,329 |
| 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 | $6 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,345 |
| Total assets | $349,268 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $349,268 |
| 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 | $349,268 |