Twin Cities International Film Festival
- Assets
- $44.6k
- Revenue
- $318.8k
- Investments
- $0.0
- Employees
- 6
- Location
- St Louis Park, MN
- Founding
- 10/2009
- Data as of
- 03/2022
- EIN
- 26-4185895
Organization Overview
Twin Cities International Film Festival is located in St Louis Park, MN. The organization was established in 2009. 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 03/2022, Twin Cities International Film Festival employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Twin Cities International Film Festival 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 03/2022, Twin Cities International Film Festival generated $318.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $367.4k during the year ending 03/2022. While expenses have increased by 2.1% 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
TWIN CITIES FILM FESTS MISSION IS TO BUILD, SUPPORT, AND ENHANCE OUR VISUAL ARTS COMMUNITY THROUGH PROVIDING LOCAL FILM ARTISTS WITH EDUCATION, TRAINING, NETWORKING, AND DISTRIBUTION, AND EMPLOYMENT OPPORTUNITIES. THE DETAILED FULL MISSION STATEMENT IS AVAILABLE ON SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF THE TWIN CITIES FILM FEST IS TO SHOWCASE EXCEPTIONAL INDEPENDENT FILMS AND INDEPENDENT ARTISTS. WE PROMOTE INDUSTRY TALENT, PROVIDE EDUCATIONAL, NETWORKING AND DISTRIBUTION OPPORTUNITIES THAT CAN EXPAND CAREERS AND SUPPORT THOUGHT PROVOKING CONTENT. OUR PROGRAM SHOWCASES AND PREMIERES WELL OVER 120 FILMS EACH YEAR WITH OVER 80 FILMMAKERS FROM AROUND THE COUNTRY VISITING OR PARTICIPATING WITH THEIR FILMS. THE FILMMAKERS PART-TAKE IN A DISCUSSION WITH THE AUDIENCES AFTER THEIR SCREENINGS AS WELL AS INVITED TO SPEAK IN AN INDUSTRY PANEL DISCUSSION THAT IS COMPLIMENTARY FOR THE COMMUNITY TO ATTEND.
WITH YEAR ROUND PROGRAMMING AND SPECIAL EVENTS THROUGHOUT THE YEAR, TCFF IS THE PERFECT PLATFORM FOR INDEPENDENT FILMMAKERS. OUR MONTHLY INSIDER SERIES SHOWCASES INDEPENDENT FILMS FROM ACROSS THE REGION AS WELL AS MINNESOTA, WHILE SPOTLIGHTING PHENOMENAL INDEPENDENT ARTISTS. OUR GOAL IS TO GIVE A NATIONAL VOICE TO LOCAL ARTISTS THROUGH THESE INITIATIVES. WITH GRANT SUPPORT FROM THE MINNESOTA STATE ARTS BOARD AND FINANCIAL SUPPORT FROM PRIVATE DONORS AND SPONSORS, WEVE BEEN ABLE TO EXPAND PROGRAMMING THROUGHOUT THE YEAR.
EACH YEAR, TCFF PICKS A SPECIFIC CAUSE DURING OUR CHANGEMAKER INITIATIVE. FROM EDUCATION, POVERTY, HUNGER PREVENTION, BULLYING AND SEX TRAFFICKING, HOMELESS YOUTH AND VETERAN SUPPORT, TCFF HAS BEEN ON THE FOREFRONT OF HIGHLIGHTING SOCIAL CAUSES VIA SPECIALTY PROGRAMMING. SHOWCASING DOCUMENTARIES ON THE SELECTED CAUSE, HOLDING PANEL DISCUSSIONS AS WELL AS GIVING THE ANNUAL CHANGEMAKER AWARD TO A DESERVING COMMUNITY LEADER, TCFF IS TRULY GIVING BACK TO THE COMMUNITY AND PUTTING THE FOCUS ON GREAT WORK BEING DONE LOCALLY IN THE CAUSE SPACE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jatin Setia Founder Executive Director | OfficerTrustee | 60 | $81,500 |
William Cooper Managing Director | Trustee | 45 | $39,940 |
Pamela Schroeder Board Member | Trustee | 1 | $0 |
Kathy Roseberry Board Member | Trustee | 1 | $0 |
Cory Lake Board Member | Trustee | 1 | $0 |
Steve Stoup Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,893 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $57,602 |
| All other contributions, gifts, grants, and similar amounts not included above | $189,487 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $251,982 |
| Total Program Service Revenue | $66,645 |
| Investment income | $5 |
| 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 | $318,760 |
| 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. | $121,440 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $43,300 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,924 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $26 |
| Fees for services: Accounting | $4,580 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,511 |
| Advertising and promotion | $28,811 |
| Office expenses | $7,965 |
| Information technology | $4,677 |
| Royalties | $0 |
| Occupancy | $20,000 |
| Travel | $140 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,334 |
| Interest | $3,071 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,794 |
| All other expenses | $9,410 |
| Total functional expenses | $367,408 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,643 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $44,643 |
| Accounts payable and accrued expenses | $16,327 |
| 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 | $31,995 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $48,322 |
| Net assets without donor restrictions | -$3,679 |
| 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 | $44,643 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Twin Cities International Film Festival has recieved totaling $45,000.
| Awarding Organization | Amount |
|---|---|
Minneapolis Foundation Minneapolis, MN PURPOSE: DONOR-RECOMMENDED, ARTS & CULTURE | $37,500 |
Aarp Washington, DC PURPOSE: Sponsorship of the TCFF Virtual Film Cinema | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Milwaukee Film Inc Milwaukee, WI | $11,142,698 | $5,451,115 |
Filmnorth St Paul, MN | $1,125,658 | $2,207,812 |
Only A Dim Image Productions Stillwater, MN | $2,381,052 | $1,695,950 |
Minnesota Motion Picture And Television Board Inc Minneapolis, MN | $115,155 | $1,444,008 |
Filmscene Iowa City, IA | $4,227,743 | $1,496,173 |
The Film Society Of Minneapolis St Paul Minneapolis, MN | $484,484 | $770,520 |
Foundation For The Exhibition Of Photography Minneapolis, MN | $749,878 | $422,523 |
Production Farm Inc Whitelaw, WI | $492,060 | $608,112 |
Twin Cities International Film Festival St Louis Park, MN | $44,643 | $318,760 |
Julien Dubuque International Film Festival Dubuque, IA | $40,216 | $238,170 |
Human Family Inc Fargo, ND | $43,171 | $0 |
Frozen River Film Festival Winona, MN | $90,525 | $156,902 |