Vidiots Foundation

Organization Overview

Vidiots Foundation is located in Los Angeles, CA. The organization was established in 2013. 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 12/2021, Vidiots Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vidiots Foundation 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, Vidiots Foundation generated $916.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $219.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE VIDIOTS FOUNDATION IS A COMMUNITY HUB FOR ANYONE PASSIONATE ABOUT FILM. WE ARE A NON-PROFIT, 501(C)3 ORGANIZATION DEDICATED TO THE CINEMATIC AND MEDIA ARTS IN THE FORM OF PRESERVING AND PROTECTING OUR COLLECTION OF OVER 50,000 RARE AND CLASSIC VHS, DVD AND BLU-RAY TITLES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WE CELEBRATE CINEMA AND THE VITALITY OF INDEPENDENT ART THROUGH EDUCATION, ARCHIVAL PRESERVATION AND ACCESSIBILITY. THE VIDIOTS FOUNDATION CONNECTS PEOPLE TO EXPERIENCE EVOLVING MEDIA, TAKING VIDEO STORE CULTURE INTO THE 21ST CENTURY.SHARING OUR LOVE OF CINEMA THROUGH DISCOVERY AND THE ACT OF BROWSING. WE STRIVE TO INSPIRE CONVERSATION OVER THE FILMS WE LOVE, PRESERVING THE EXPERIENCE OF FILM AS COMMUNITY.ARCHIVING OUR RARE VHS AND DVD WITH A GOAL TO DIGITIZE THE 11,000 RARE VHS TAPES WE HAVE IN OUR CURATED LIBRARY, KEEPING THEM AN ACCESSIBLE RESOURCE TO THE COMMUNITY, SOMEDAY EXISTING ON-LINE FOR FILM LOVERS ALL OVER THE WORLD.PROGRAMMING OUR SPACE AS A COMMUNITY ARTS CENTER WITH EDUCATIONAL WORKSHOPS TO CULTIVATE EMERGING FILMMAKERS, ALONG WITH PANELS, EVENTS AND SCREENINGS FOR ANYONE PASSIONATE ABOUT FILM


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Board, Officers & Key Employees

Name (title)Compensation
Margot Mackay
Executive Dir.
$67,200
Patricia Polinger
Vice Chair/fndr
$0
Cathy Tauber
Vice Chair/fndr
$0
Susan Garbett
Treasurer
$0
Claudia Puig
Secretary
$0
Mary Rohlich
Board Chair
$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$812,558
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$812,558
Total Program Service Revenue$97,816
Investment income $44
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 $5,567
Miscellaneous Revenue$0
Total Revenue $915,985

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Vidiots Foundation has recieved totaling $6,000.

Awarding OrganizationAmount
Harold And Kathleen Gershman Foundation

Grand Forks, ND

PURPOSE: FUTHERANCE OF 501(C)(3)S CHARITABLE PURPOSE

$5,000
Mary K And Daniel M Kelly Foundation

Des Moines, IA

PURPOSE: GENERAL OPERATIONS

$1,000
View Grant Recipient Profile

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