Greater Cleveland Media Development Corporation
- Assets
- $519.6k
- Revenue
- $741.9k
- Investments
- $0.0
- Employees
- 6
- Location
- Cleveland, OH
- Founding
- 11/2002
- Data as of
- 12/2021
- EIN
- 34-1884733
Organization Overview
Greater Cleveland Media Development Corporation, operating under the name Greater Cleveland Film Commission, is located in Cleveland, OH. The organization was established in 2002. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Greater Cleveland Film Commission employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Cleveland Film Commission 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, Greater Cleveland Film Commission generated $741.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $522.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 7 years. 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 PROMOTE INCREASED MEDIA PRODUCTION IN NORTHEAST OHIO USING EFFECTIVE STRATEGIES FOR ATTRACTION AND WORKFORCE DEVELOPMENT INCLUDING BUILDING AN ARTISTIC INFRASTRUCTURE THROUGH FILM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GREATER CLEVELAND FILM COMMISSION (GCFC) IS A 501(C)3 NONPROFIT, WHOSE MISSION IS TO CREATE JOBS AND ECONOMIC IMPACT FOR NORTHEAST OHIO THROUGH A VIBRANT FILM AND MEDIA ARTS INDUSTRY. GCFC WAS THE DRIVING FORCE BEHIND THE OHIO MOTION PICTURE TAX CREDIT (OMPTC) IN 2009. SINCE THEN GCFC HAS ATTRACTED OVER 300 PRODUCTIONS. THE MOST RECENT PROJECT, THE NETFLIX FILM "WHITE NOISE" (STARRING ADAM DRIVER, GRETA GERWIG, AND DON CHEADLE), FILMED ACROSS NORTHEAST OHIO FOR 21 WEEKS, EMPLOYING 921 CREW AND 3,000 EXTRAS, BOOKED OVER 36,000 HOTEL ROOM NIGHTS, AND SPENT AN ESTIMATED $106.6 MILLION IN THE REGION. DUE TO OUR EFFORTS PROJECTS LIKE THIS HAVE CREATED 6,192 FULL-TIME EQUIVALENT JOBS AND BROUGHT OVER $1.2 BILLION INTO OHIO'S ECONOMY. GCFC CONNECTS CAST AND CREW TALENT DIRECTLY TO PRODUCTION OPPORTUNITIES AND INVESTS IN A STRONG LOCAL WORKFORCE BY PRESENTING WORKSHOPS, SEMINARS, FILMSKILLS TRAINING AND INTERNSHIPS DESIGNED TO GIVE LOCAL TALENT THE EDUCATION, EXPERIENCE, AND PROFESSIONAL CONNECTIONS TO SUCCEED IN THE FILM INDUSTRY. GCFC WORKS TIRELESSLY TO EXPAND THE FILM INDUSTRY IN NORTHEAST OHIO, TO TRAIN AND SUPPORT A LOCAL WORKFORCE IN ORDER TO GENERATE REAL, SUSTAINABLE OPPORTUNITIES THAT ATTRACT AND RETAIN TALENT. VISIT US AT HTTPS://WWW.CLEVELANDFILM.COM/
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Seema Jayaswal Chief Operating Officer | Officer | 40 | $122,475 |
Bill Garvey President Effective October 2021 | Officer | 40 | $35,625 |
Evan Miller President Through Jan 2021 | Officer | 40 | $6,333 |
Tim Birch Chair | OfficerTrustee | 1 | $0 |
Drew Stelzer Secretary | OfficerTrustee | 1 | $0 |
Leslie Graf Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $8,740 |
| Related organizations | $0 |
| Government grants | $531,238 |
| All other contributions, gifts, grants, and similar amounts not included above | $191,861 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $731,839 |
| 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 | $10,104 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $741,943 |
| 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. | $183,840 |
| Compensation of current officers, directors, key employees. | $13,790 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $118,802 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $69,936 |
| Payroll taxes | $23,890 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,372 |
| Fees for services: Lobbying | $15,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,146 |
| Advertising and promotion | $5,922 |
| Office expenses | $4,616 |
| Information technology | $4,248 |
| Royalties | $0 |
| Occupancy | $16,278 |
| Travel | $8,106 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $504 |
| Interest | $1,885 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,184 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $522,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $496,373 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $6,500 |
| 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 | $11,002 |
| Net Land, buildings, and equipment | $5,729 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $519,604 |
| Accounts payable and accrued expenses | $11,621 |
| 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 | $154,305 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $165,926 |
| Net assets without donor restrictions | $349,678 |
| Net assets with donor restrictions | $4,000 |
| 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 | $519,604 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Greater Cleveland Media Development Corporation has recieved totaling $100.
| Awarding Organization | Amount |
|---|---|
Swagelok Foundation Solon, OH PURPOSE: TO FURTHER THE ORGANIZATION'S TAX EXEMPT PURPOSE | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
George Gund Foundation Cleveland, OH | $524,945,754 | $120,923,136 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Lumina Foundation For Education Inc Indianapolis, IN | $0 | $124,727,424 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Sarah Scaife Foundation Inc Pittsburgh, PA | $645,014,499 | $79,121,296 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |
Mccune Foundation Pittsburgh, PA | $180,488,577 | $38,182,239 |
The Meijer Foundation Grand Rapids, MI | $118,103,895 | $43,970,388 |
Nationwide Foundation Columbus, OH | $86,187,581 | $42,470,606 |
Dietrich Foundation Pittsburgh, PA | $1,425,693,584 | $93,476,192 |
Ford Motor Co Fund Dearborn, MI | $173,752,828 | $51,364,996 |
Farmer Family Foundation Cincinnati, OH | $165,004,074 | $63,392,827 |