Ghetto Film School Inc
- Assets
- $4.1m
- Revenue
- $5.7m
- Investments
- $0.0
- Employees
- 28
- Location
- Bronx, NY
- Founding
- 11/2000
- Data as of
- 12/2022
- EIN
- 13-4127229
Organization Overview
Ghetto Film School Inc is located in Bronx, NY. The organization was established in 2000. 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, Ghetto Film School Inc employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ghetto Film School 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 12/2022, Ghetto Film School Inc generated $5.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $7.5m during the year ending 12/2022. While expenses have increased by 13.8% per year over the past 8 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
THE MISSION OF THE GHETTO FILM SCHOOL IS TO EQUIP STUDENTS FOR TOP UNIVERSITIES AND CAREERS IN THE CREATIVE INDUSTRIES THROUGH TWO TRACKS: AN INSTRODUCTORY EDUCATION PROGRAM FOR HIGH SCHOOL STUDENTS AND EARLY CAREER SUPPORT FOR ALUMNI AND YOUNG PROFESSIONALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FELLOWS PROGRAM - IS A VISUAL STORYTELLING COURSE FOR HIGH SCHOOL STUDENTS. FELLOWS RECEIVE MORE THAN 1,000 HOURS OF IMMERSIVE, COLLEGE-LEVEL TRAINING, LEARNING BOTH THE ART AND BUSINESS OF CINEMATIC STORYTELLING AND PRODUCTION TRAINING WHILE GETTING THE PREPARATION AND GUIDANCE TO ADVANCE THEIR EDUCATION AT TOP UNIVERSITIES. THE PROGRAMS ARE FREE OF CHARGE FOR ALL STUDENTS. THE PROGRAMS ARE OFFERED IN BOTH NEW YORK AND LOS ANGELES.
SISTER - TO CREATE AN INDUSTRY-WIDE CREATIVE EDUCATION INITIATIVE AND TO FURTHER BUILD THE REACH,SCALE AND IMPACT OF THEIR JOINT EFFORTS AROUND CREATIVE EDUCATION, WORKFORCE DEVELOPMENT AND INCLUSIVITY INITIATIVES WITHIN THE MEDIA AND ENTERTAINMENT INDUSTRY. OTHER PROGRAMS SERVICE
STRATEGIC CONSULTING AND ADVISORY PRACTICE BRIDGES THE GAP BETWEEN BUSINESSES AND THE NEXT GENERATION OF DIVERSE TALENT.
ROSTER - PROVIDES THE NEXT GENERATION (18-34 YEARS OLD) OF YOUNG PROFESSIONALS INCLUDING WRITERS/DIRECTORS, BELOW THE LINE TALENT AND EXECUTIVES, ACCESS TO EVERYTHING NEEDED TO ADVANCE THEIR FILM, TELEVISION OR DIGITAL CAREERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neal Arthur Chair/director | OfficerTrustee | 1 | $0 |
Tiffany R Warren Treasurer/director | OfficerTrustee | 1 | $0 |
Katherine Oliver Secretary/director | OfficerTrustee | 1 | $0 |
Lee Daniels Director | Trustee | 1 | $0 |
Matthew Hiltzik Director | Trustee | 1 | $0 |
James Murdoch Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Saxton Pictures Llc Consultant | 12/30/22 | $117,252 |
Wocstar Capital Llc Consultant | 12/30/22 | $306,554 |
Digital99 Llc Consultant | 12/30/22 | $130,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $251,882 |
| Related organizations | $0 |
| Government grants | $276,710 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,699,440 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,228,032 |
| Total Program Service Revenue | $2,497,443 |
| Investment income | $602 |
| 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 | $5,726,077 |
| 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. | $534,848 |
| Compensation of current officers, directors, key employees. | $170,937 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,626,970 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $314,385 |
| Payroll taxes | $144,292 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $104,566 |
| Fees for services: Accounting | $108,056 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $42,060 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $234,612 |
| Travel | $466,407 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $104,352 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $98,485 |
| Insurance | $32,562 |
| All other expenses | $1,592,087 |
| Total functional expenses | $7,506,156 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,693,312 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,958,210 |
| Accounts receivable, net | $41,601 |
| 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 | $19,091 |
| Net Land, buildings, and equipment | $30,744 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $347,025 |
| Total assets | $4,089,983 |
| Accounts payable and accrued expenses | $197,991 |
| Grants payable | $0 |
| Deferred revenue | $589,628 |
| 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 | $326,522 |
| Total liabilities | $1,114,141 |
| Net assets without donor restrictions | $826,232 |
| Net assets with donor restrictions | $2,149,610 |
| 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 | $4,089,983 |