Legacy Films Foundation
- Assets
- $23.3k
- Revenue
- $581.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Bountiful, UT
- Founding
- 05/2010
- Data as of
- 12/2020
- EIN
- 27-1473872
Organization Overview
Legacy Films Foundation is located in Bountiful, UT. The organization was established in 2010. According to its NTEE Classification (A31) the organization is classified as: Film & Video, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Legacy Films Foundation 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 12/2020, Legacy Films Foundation generated $581.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 62.5% each year . All expenses for the organization totaled $589.2k during the year ending 12/2020. While expenses have increased by 67.3% per year over the past 5 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.
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 |
|---|---|---|---|
Marlin Jensen Treasurer | 1 | $0 | |
Lee Groberg President | 10 | $0 | |
Kathy Jensen Board Member | 1 | $0 | |
Ronald Gunnell Chairman | 1 | $0 | |
Alan Hall Board Member | 1 | $0 | |
David Peterson Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $581,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $581,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,930 |
| Total operating and administrative expenses | $11,640 |
| Contributions, gifts, grants paid | $577,529 |
| Total expenses and disbursements | $589,169 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,254 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $23,254 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Legacy Films Foundation has awarded $227,100 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
GROBERG COMMUNICATIONS PURPOSE: GENERAL CHARITABLE PURPOSES | $164,600 |
WETA PURPOSE: GENERAL CHARITABLE PURPOSES | $45,000 |
THE INTERPRETER FOUNDATION PURPOSE: GENERAL CHARITABLE PURPOSES | $10,000 |
UVU FOUNDATION PURPOSE: GENERAL CHARITABLE PURPOSES | $7,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Legacy Films Foundation has recieved totaling $75,000.
| Awarding Organization | Amount |
|---|---|
Gunnell Family Foundation Salt Lake City, UT PURPOSE: GENERAL CHARITABLE PURPOSES | $50,000 |
Beesley Family Foundation St George, UT PURPOSE: ARTS | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sundance Institute Park City, UT | $74,490,160 | $34,020,589 |
Utah Film Center Dba Salt Lake City Film Center And Salt Lake City, UT | $1,781,508 | $12,427,542 |
Denver Film Society Denver, CO | $6,290,758 | $7,875,094 |
Salt Lake Film Society Salt Lake City, UT | $2,555,876 | $2,980,758 |
Loft Cinema Inc Tucson, AZ | $3,516,598 | $1,822,149 |
Mountainfilm Ltd 01-01-94 Telluride, CO | $5,204,097 | $2,315,896 |
Sedona International Film Festival & Workshop Sedona, AZ | $2,535,911 | $2,139,457 |
Windrider Institute Inc Eagle, ID | $1,082,934 | $1,579,515 |
Aspenfilm Aspen, CO | $928,542 | $1,427,688 |
Bountiful Childrens Foundation Spanish Fork, UT | $809,292 | $1,090,238 |
Colorado Film Society Boulder, CO | $492,655 | $989,406 |
Legacy Films Foundation Bountiful, UT | $23,254 | $581,000 |