Film Lab
- Assets
- $0.0
- Revenue
- $249.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Lido Beach, NY
- Founding
- Data as of
- 12/2018
- EIN
- 32-0501790
Organization Overview
Film Lab is located in Lido Beach, NY. Film Lab 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 12/2018, Film Lab generated $249.7k in total revenue. All expenses for the organization totaled $293.1k during the year ending 12/2018.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
EVERY TIME WE ALL MAKE A FILM, WE CLIMB A LOGISTICAL, EMOTIONAL, AND FINANCIAL MOUNTAIN. FILMLAB WAS ESTABLISHED TO MAKE THIS PROCESS EASIER, CHEAPER, & MORE ACCESSIBLE TO OUR COMMUNITY. WE DO THIS THROUGH OUR QUALIFICATIONS AS A FISCAL SPONSOR, OUR GEAR RENTAL DISCOUNTS WITH SALES AND RENTAL HOUSES AS A NOT-FOR-PROFIT, AND OUR IN-HOUSE RESOURCES COVERING EVERYTHING STANDARD IN THE SPECTRUM OF A PROFESSIONAL PRODUCTION COMPANY: CREW, GEAR, AN ANNUAL INSURANCE POLICY, OFFICE SPACE, A SCREENING ROOM, AND GUIDANCE . OUR RELATIONSHIPS WITH CREW, PERFORMERS, AGENCIES, POST-HOUSES, AND RENTAL HOUSES EMPOWERS EVERY PROJECT WE INCUBATE. WE AIM TO ENCOURAGE A RIGOROUS CREATIVE PROCESS WITH A FOCUS ON STORY-TELLING THAT IS RISKY AND EXPERIMENTAL, TO ACTIVELY CONTRIBUTE TO THE DIVERSIFICATION OF THE CURRENT CLIMATE IN THE ENTERTAINMENT INDUSTRY, TO FOSTER A LESS DIVIDED FILM COMMUNITY, TO CHALLENGE AND DISRUPT COMMON NOTIONS OF WHAT'S COMMERCIALLY VIABLE. TO UNIFY THE BRILLIANT INDEPENDENTLY FLOA
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2018, WE HELPED INCUBATE OVER 30 LOW-BUDGET SHORT FILMS, SOME OF WHICH HAVE GONE ON TO WIN AWARDS AT FESTIVALS, BECOME OSCAR NOMINEE ELIGIBLE, AND PREMIERE AT THE WHITNEY MUSEUM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Korey Jackson Treasurer | Trustee | 2 | $0 |
David Grant Director | Trustee | 2 | $0 |
James Cernero Director | Trustee | 2 | $0 |
Aaron Dean Eisenberg President | Trustee | 15 | $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 | $249,685 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $249,685 |
| 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 | $249,685 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $72,177 |
| Advertising and promotion | $290 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,784 |
| Travel | $7,327 |
| 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 | $2,761 |
| Insurance | $6,499 |
| All other expenses | $16,581 |
| Total functional expenses | $293,141 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |