Colorado Film Institute
- Assets
- $129.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 04/2003
- Data as of
- 12/2021
- EIN
- 33-1043430
Organization Overview
Colorado Film Institute is located in Minneapolis, MN. The organization was established in 2003. 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. Colorado Film Institute 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, Colorado Film Institute generated $96.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $152.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
VAIL FILM FESTIVAL - THE VAIL FILM FESTIVAL IS AN ANNUAL EVENT THAT INCLUDES FILM SCREENINGS AND EDUCATIONAL PROGRAMS. THE VAIL FILM FESTIVAL HAS HOSTED OVER 5000 FILMMAKERS AND SCREENED OVER 1000 FILMS, AND BEEN NAMED "ONE OF THE TOP DESTINATION FILM FESTIVALS." THE FESTIVAL SERVES AS A PLATFORM FOR ASPIRING FILMMAKERS TO GAIN RECOGNITION AND FURTHER THEIR FILMMAKING EDUCATION, AND ALSO SERVES TO SHOWCASE ORIGINAL INDEPENDENT FILMS TO FILM FANS FROM THROUGHOUT COLORADO AND BEYOND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raoul Naude Co-President | 20 | $3,500 | |
David Naude Co-President And Secretary | 20 | $5,000 | |
Judith Landau Board Member | 2 | $0 | |
Pamela Lessing Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,803 |
| Total Program Service Revenue | $54,302 |
| Membership dues | $0 |
| Investment income | $7,720 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $96,825 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $95,959 |
| Occupancy, rent, utilities, and maintenance | $4,898 |
| Printing, publications, postage, and shipping | $692 |
| Other expenses | $51,390 |
| Total expenses | $152,939 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,986 |
| Other assets | $0 |
| Total assets | $129,367 |
| Total liabilities | $130,499 |
| Net assets or fund balances | -$1,132 |