Walking Iris Media
- Assets
- $1.3m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 9
- Location
- San Francisco, CA
- Founding
- 02/2011
- Data as of
- 12/2021
- EIN
- 27-3712050
Organization Overview
Walking Iris Media is located in San Francisco, CA. The organization was established in 2011. 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, Walking Iris Media employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Walking Iris Media 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, Walking Iris Media generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 44.7% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 40.4% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PRODUCE PUBLIC EDUCATIONAL DOCUMENTARY MOTIONS PICTURES AND OTHER MEDIA
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021 WALKING IRIS MEDIA'S PROGRAM BROWN GIRLS DOC MAFIA PROVIDES GRANTS TO SUPPORT 10 WOMEN-OF-COLOR DIRECTORS. ANOTHER PROGRAM A-DOC PRODUCED 15 SHORT DOCUMENTARY FILMS BY ASIAN AMERICAN FILMMAKERS ABOUT THE COVID EXPERIENCE OF VARIOUS ASIAN AMERICAN COMMUNITIES THAT WERE SHOWN ON PUBLIC TELEVISION AND MADE AVAILABLE FREE ON YOUTUBE. WALKING IRIS MEDIA ORGANIZED SEVERAL PANELS ABOUT DOCUMENTARY FILMMAKING AND DISTRIBUTION THAT WERE FREE FOR COMMUNITY MEMBERS TO ATTEND. WALKING IRIS MEDIA ALSO HOSTED WORKSHOPS TO IMPROVE THE SKILLS OF EMERGING FILMMAKERS OF COLOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sung-Chang Leo Chiang President | OfficerTrustee | 40 | $66,000 |
Hiro Shimozato Secretary | OfficerTrustee | $0 | |
Andrew Franklin Smith Treasurer | OfficerTrustee | $0 |
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 | $1,680,184 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,680,184 |
| Total Program Service Revenue | $136,916 |
| Investment income | $46 |
| 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 | $1,817,146 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $24,000 |
| Grants and other assistance to domestic individuals. | $81,055 |
| Grants and other assistance to Foreign Orgs/Individuals | $10,061 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $66,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $678,981 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,349 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,060 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $318,902 |
| Advertising and promotion | $0 |
| Office expenses | $36,504 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $35,234 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $40 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $16,952 |
| All other expenses | $35,145 |
| Total functional expenses | $1,546,272 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,289,765 |
| Savings and temporary cash investments | $12,769 |
| 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 | $17,629 |
| Total assets | $1,320,163 |
| 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 | $21,167 |
| Total liabilities | $21,167 |
| Net assets without donor restrictions | $0 |
| 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 | $1,298,996 |
| Total liabilities and net assets/fund balances | $1,320,163 |
Grants Awarded
Over the last fiscal year, Walking Iris Media has awarded $24,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BLACK DOCUMENTARY COLLECTIVE INC PURPOSE: GENERAL SUPPORT | $8,000 |
LITTLE LIGHT PRODUCTIONS PURPOSE: GENERAL SUPPORT | $8,000 |
AO PRODUCTIONS LLC PURPOSE: GENERAL SUPPORT | $8,000 |
Grants Recieved
Over the last fiscal year, we have identified 23 grants that Walking Iris Media has recieved totaling $1,565,627.
| Awarding Organization | Amount |
|---|---|
Ford Foundation New York, NY PURPOSE: CORE SUPPORT FOR BROWN GIRLS DOC MAFIA INITIATIVE, AN INTERNATIONAL ORGANIZATION ADVOCATING FOR WOMEN AND NON-BINARY PEOPLE OF COLOR IN THE DOCUMENTARY INDUSTRY | $350,000 |
Chicken & Egg Pictures Inc Brooklyn, NY PURPOSE: CHICKEN & EGG AWARD | $215,600 |
Ford Foundation New York, NY PURPOSE: CORE SUPPORT FOR THE ASIAN AMERICAN DOCUMENTARY NETWORK A NATIONAL NETWORK THAT WORKS TO INCREASE THE VISIBILITY AND SUPPORT OF ASIAN AMERICANS IN THE DOCUMENTARY FIELD | $120,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF THE OPERATIONS OF BROWN GIRLS DOC MAFIA. | $100,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF THE OPERATIONS OF BROWN GIRLS DOC MAFIA. | $100,000 |
Ford Foundation New York, NY PURPOSE: FOR THE MAY 19 AAPI SOLIDARITY PROJECT TO RESPOND TO THE CURRENT RISE IN ANTI-ASIAN SENTIMENTS IN THE US THROUGH THE CREATION OF SHORT VIDEOS HIGHLIGHTING PAST AND CURRENT SOLIDARITIES BETWEEN ASIAN AMERICAN AND AFRICAN AMERICAN COMMUNITIES | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Documentary Association Inc Los Angeles, CA | $8,198,815 | $12,252,709 |
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 |