Terra Nova Films Inc
- Assets
- $367.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Chicago, IL
- Founding
- 03/1981
- Data as of
- 12/2021
- EIN
- 36-3106071
Organization Overview
Terra Nova Films Inc is located in Chicago, IL. The organization was established in 1981. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2021, Terra Nova Films Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Terra Nova Films 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, Terra Nova Films Inc generated $167.4k 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 (13.8%) each year. All expenses for the organization totaled $183.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.0%) 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
PRODUCTION, DISTRIBUTION, AND RENTAL OF EDUCATIONAL AUDIO-VISUAL, AND WRITTEN MEDIA FOR THE PURPOSE OF RAISING ISSUES OF PUBLIC CONCERN AND STIMULATE THOUGHT AND CONCERN FOR THE PUBLIC GOOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Flanagan Treasurer | 1 | $0 | |
Janet Dahm Secretary | 1 | $0 | |
Michael Kerns Director | 1 | $0 | |
Diane Slezak President | 1 | $0 | |
Lydia Manning Vice President | 1 | $0 | |
Celia Berdes Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,235 |
| Total Program Service Revenue | $138,550 |
| Membership dues | $0 |
| Investment income | $3,601 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $167,386 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $53,210 |
| Professional fees and other payments to independent contractors | $8,855 |
| Occupancy, rent, utilities, and maintenance | $15,531 |
| Printing, publications, postage, and shipping | $79 |
| Other expenses | $105,965 |
| Total expenses | $183,640 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $342,429 |
| Other assets | $0 |
| Total assets | $367,885 |
| Total liabilities | $74,034 |
| Net assets or fund balances | $293,851 |
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