The Film Society Of Minneapolis St Paul
- Assets
- $967.8k
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 11
- Location
- Minneapolis, MN
- Founding
- 12/1995
- Data as of
- 06/2022
- EIN
- 41-1802905
Organization Overview
The Film Society Of Minneapolis St Paul is located in Minneapolis, MN. The organization was established in 1995. 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 06/2022, Film Society Of Minneapolis St Paul employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Film Society Of Minneapolis St Paul 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 06/2022, Film Society Of Minneapolis St Paul generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $1.2m during the year ending 06/2022. While expenses have increased by 1.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE FILM SOCIETY OF MINNEAPOLIS ST. PAUL IS TO FOSTER A KNOWLEDGEABLE AND VIBRANT APPRECIATION OF THE ART OF FILM AND ITS POWER TO INFORM AND TRANSFORM INDIVIDUALS AND COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE VISION OF THE FILM SOCIETY OF MINNEAPOLIS ST. PAUL IS TO PRESENT THE BEST IN INTERNATIONAL INDEPENDENT CINEMA, SCREENING MORE THAN 600 INDEPENDENT NEW AND HISTORIC, NATIONAL AND INTERNATIONAL DOCUMENTARY AND NARRATIVE FILMS TO A GROWING AUDIENCE OF OVER 80,000 ANNUALLY. THE FILM SOCIETY EXHIBITS YEAR-ROUND ON A DAILY BASIS, PRESENTS A NUMBER OF MULTI-DAY FILM SERIES AND, EACH APRIL, PRODUCES AND PRESENTS ITS CENTERPIECE, THE ANNUAL TWO WEEK MINNEAPOLIS ST. PAUL INTERNATIONAL FILM FESTIVAL, ONE OF THE LARGEST CULTURAL EVENTS IN THE REGION, NOW DRAWING NEARLY 50,000 ATTENDEES EACH YEAR.PROGRAMMING INCLUDES MANY FIRST-RUN PREMIERES OF INTERNATIONAL, ART HOUSE AND INDEPENDENT FEATURE FILMS. THESE AWARD WINNING FILMS FROM AROUND THE GLOBE HAVE GREAT ARTISTIC AND CULTURAL VALUE, REPRESENT MANY PERSPECTIVES AND EXPERIENCES, ARE RARELY AVAILABLE ON OTHER REGIONAL SCREENS AND PLAY TO AVID, DIVERSE AND GROWING AUDIENCES WHO WOULD NOT OTHERWISE HAVE THE OPPORTUNITY TO SEE THEM. SO, THROUGH THE POWER OF GREAT CINEMA, WE EXPOSE OUR AUDIENCES, IN A UNIQUE WAY, TO A RARE MIX OF CULTURES, IDEAS, CURRENT AFFAIRS AND NOTABLE FILMMAKING FROM AROUND THE WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Smoluchowski Executive Director | OfficerTrustee | 55 | $120,638 |
Mary Reyelts Board Member | Trustee | 1 | $0 |
Melodie Bahan Board Member | Trustee | 1 | $0 |
Paola Nunez Obetz Board Member | Trustee | 1 | $0 |
Jacob Frey Board Member | Trustee | 1 | $0 |
Patricia Torres Ray Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $897,944 |
| All other contributions, gifts, grants, and similar amounts not included above | $361,313 |
| Noncash contributions included in lines 1a–1f | $35,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,259,257 |
| Total Program Service Revenue | $344,681 |
| Investment income | $36 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,100 |
| 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 | $1,607,074 |
| 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. | $128,009 |
| Compensation of current officers, directors, key employees. | $40,614 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $270,913 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $31,090 |
| Payroll taxes | $29,833 |
| Fees for services: Management | $198,935 |
| Fees for services: Legal | $34,520 |
| 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 | $900 |
| Advertising and promotion | $47,293 |
| Office expenses | $60,084 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $109,977 |
| Travel | $26,807 |
| 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 | $6,387 |
| Insurance | $9,652 |
| All other expenses | $22,214 |
| Total functional expenses | $1,157,097 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $236,037 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $438,434 |
| 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 | $17,123 |
| Net Land, buildings, and equipment | $276,195 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $967,789 |
| Accounts payable and accrued expenses | $49,323 |
| 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 | $49,323 |
| Net assets without donor restrictions | $470,032 |
| Net assets with donor restrictions | $448,434 |
| 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 | $967,789 |