Sarasota Film Society Inc
- Assets
- $6.2m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 65
- Location
- Lakewood Ranch, FL
- Founding
- 02/1989
- Data as of
- 12/2022
- EIN
- 59-2400811
Organization Overview
Sarasota Film Society Inc is located in Lakewood Ranch, FL. The organization was established in 1989. 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 12/2022, Sarasota Film Society Inc employed 65 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sarasota Film Society 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 12/2022, Sarasota Film Society Inc generated $3.2m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $3.5m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THROUGH NUMEROUS FESTIVALS AND EDUCATIONAL PROGRAMS, COUPLED WITH FUN AND THOUGHT-PROVOKING EVENTS, SARASOTA FILM SOCIETY HAS CONTINUED ITS PROMISE TO PROVIDE THE COMMUNITY WITH A LONGSTANDING COMMITMENT TO OUTREACH AND EDUCATION THROUGH FILM.
Describe the Organization's Program Activity:
FILMS OF INTERNATIONAL IMPORTANCE ARE BROUGHT TO SARASOTA AND SURROUNDING COMMUNITIES. GROUPS SERVED INCLUDE PUBLIC SCHOOLS, COLLEGES, AND ETHNIC GROUPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Renee Baggott Ceo/president | OfficerTrustee | 55 | $148,333 |
Trisha Calandra Vp/secretary | OfficerTrustee | 55 | $127,998 |
Nick Caras Purchasing And Maintenance | OfficerTrustee | 15 | $5,700 |
Katherine Shelledy Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $238,362 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $329,370 |
| All other contributions, gifts, grants, and similar amounts not included above | $69,402 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $637,134 |
| Total Program Service Revenue | $1,611,649 |
| Investment income | $820 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $24,572 |
| 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 | $893,085 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,181,545 |
| 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. | $305,400 |
| Compensation of current officers, directors, key employees. | $85,512 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $782,066 |
| Pension plan accruals and contributions | $50,520 |
| Other employee benefits | $102,675 |
| Payroll taxes | $93,289 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $592 |
| Fees for services: Accounting | $56,270 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,000 |
| Advertising and promotion | $1,129 |
| Office expenses | $328,637 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $112,975 |
| Travel | $5,484 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $123,156 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $233,526 |
| Insurance | $27,417 |
| All other expenses | $53,449 |
| Total functional expenses | $3,526,148 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $210,765 |
| Savings and temporary cash investments | $1,172,003 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,931 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $16,272 |
| Prepaid expenses and deferred charges | $41,517 |
| Net Land, buildings, and equipment | $4,680,379 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $106,683 |
| Total assets | $6,229,550 |
| Accounts payable and accrued expenses | $120,466 |
| Grants payable | $0 |
| Deferred revenue | $104,165 |
| 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 | $3,346,987 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,571,618 |
| Net assets without donor restrictions | $2,657,932 |
| Net assets with donor restrictions | $0 |
| 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 | $6,229,550 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sarasota Film Society Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Ruth Rogers Hoyt Foundation Inc Atlanta, GA PURPOSE: PRESERVATION OF THE FILM ARTS | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sarasota Film Society Inc Lakewood Ranch, FL | $6,229,550 | $3,181,545 |
Enzian Theatre Inc Maitland, FL | $3,911,986 | $3,550,632 |
Dawning Family Services Inc Tampa, FL | $5,111,125 | $3,709,345 |
Atlanta Jewish Film Society Inc Marietta, GA | $1,057,555 | $1,845,019 |
Sidewalk Film Center And Cinema Inc Birmingham, AL | $3,485,005 | $1,620,388 |
Palm Beach County Film & Television Commission Inc West Palm Bch, FL | $459,945 | $1,395,583 |
Broward County Film Society Inc Fort Lauderdale, FL | $809,517 | $1,454,783 |
Key West Film Society Inc Key West, FL | $1,254,639 | $635,587 |
Independent Media Artists Of Ga Etc Inc Atlanta, GA | $644,570 | $1,227,603 |
Vision Earth Society Incorporated Miami, FL | $446,491 | $413,499 |
Athens Film Arts Institute Inc Athens, GA | $2,591,562 | $922,375 |
Professional Development Resources Inc Jacksonville, FL | $125,822 | $456,921 |