Ocean Film Fest Inc is located in Kamuela, HI. 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. As of 12/2021, Ocean Film Fest Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ocean Film Fest 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 12/2021, Ocean Film Fest Inc generated $32.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (31.2%) each year. All expenses for the organization totaled $58.3k 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
OUR MISSION IS TO BRING A GREATER UNDERSTANDING OF THE OCEAN ENVIRONMENT AND ISLAND CULTURE AND BUILD AWARENESS THAT EVERYTHING WE DO ON LAND AFFECTS THE SEA, AND THE PEOPLE WHOSE LIVELIHOOD AND SUBSISTENCE DEPENDS ON THE HEALTH OF THE OCEAN ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE 8TH ANNUAL WAIMEA OCEAN FILM FESTIVAL WAS HELD IN JANUARY 2018 TO PROMOTE A GREATER UNDERSTANDING OF THE OCEAN ENVIRONMENT AND ISLAND CULTURE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Callie Khourie Director | Trustee | 1 | $0 |
Worth Ludwick Director | Trustee | 1 | $0 |
Nancy Mueller Director | Trustee | 1 | $0 |
Melissa Yeager Director | Trustee | 1 | $0 |
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 | $32,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $32,000 |
Total Program Service Revenue | $0 |
Investment income | $0 |
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 | $32,000 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $33,225 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $1,878 |
Payroll taxes | $3,548 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,550 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $770 |
Office expenses | $6,203 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $9,885 |
Travel | $1,165 |
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 | $92 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $58,316 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,766 |
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 | $2,766 |
Accounts payable and accrued expenses | $158 |
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 | $158 |
Net assets without donor restrictions | $2,608 |
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 | $2,766 |
Over the last fiscal year, we have identified 3 grants that Ocean Film Fest Inc has recieved totaling $35,500.
Awarding Organization | Amount |
---|---|
Vanguard Charitable Endowment Program Southeastern, PA PURPOSE: FOR RECIPIENT'S EXEMPT PURPOSE | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $9,500 |
William J & Dorothy K Oneill Foundation Inc Cleveland, OH PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
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 |
Step Up Womens Network Los Angeles, CA | $3,610,439 | $2,970,827 |