Titus International Institute
- Assets
- $1.0m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- 11/1984
- Data as of
- 12/2021
- EIN
- 62-1191811
Organization Overview
Titus International Institute is located in Chattanooga, TN. The organization was established in 1984. According to its NTEE Classification (A31) the organization is classified as: Film & Video, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Titus International Institute 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, Titus International Institute generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.9%) 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
RELIGIOUS MINISTRY AGENCY - TRAINING NATIONALS TO REACH THEIR WORLD FOR CHRIST THROUGH BUILDING CHURCHES, BIBLE CAMPS, BIBLE INSTITUTES, TEACHER TRAINING CLASSES, ORPHANGES, MEDICAL TEAMS AND OUTREACH TO AREAS NEVER REACHED FOR CHIRST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT RESIDENT MISSIONARIES IN FOREIGN FIELDS AND THE USA TO TRAIN LAYMEN AND OTHERS IN THE BIBLE AND OTHER RELATED SUBJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Fortner Assistant Director | OfficerTrustee | 5 | $0 |
Dianne Summers Secretary | OfficerTrustee | 1 | $0 |
Roger Hunter Chairman | OfficerTrustee | 20 | $0 |
Doug Cunningham Co-Treasurer | OfficerTrustee | 1 | $0 |
Ed Smith C0-Treasurer | OfficerTrustee | 1 | $0 |
Skip Furrow Advisory Committee Member | Trustee | 1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,498,212 |
| Investment income | $25,195 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $10,479 |
| Net Gain/Loss on Asset Sales | $84,620 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,715,109 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $54,900 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,194 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,191 |
| 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 | $0 |
| Advertising and promotion | $1,304 |
| Office expenses | $3,537 |
| Information technology | $4,145 |
| Royalties | $0 |
| Occupancy | $13,056 |
| Travel | $4,404 |
| 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 | $1,309 |
| Insurance | $3,499 |
| All other expenses | $0 |
| Total functional expenses | $1,536,150 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $144,390 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $30,843 |
| Investments—publicly traded securities | $836,736 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $300 |
| Total assets | $1,012,269 |
| Accounts payable and accrued expenses | $5,571 |
| 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 | $5,571 |
| Net assets without donor restrictions | $629,812 |
| Net assets with donor restrictions | $376,886 |
| 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 | $1,012,269 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Titus International Institute has recieved totaling $187,982.
| Awarding Organization | Amount |
|---|---|
Kingsway Charities Inc Bristol, VA PURPOSE: Global healthcare | $173,982 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: SUPPORT | $14,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Titus International Institute Chattanooga, TN | $1,012,269 | $1,715,109 |
International Window Film Association Martinsville, VA | $402,908 | $1,103,619 |
Workingfilms Inc Wilmington, NC | $1,517,898 | $1,390,064 |
Independent Media Artists Of Ga Etc Inc Atlanta, GA | $644,570 | $1,227,603 |
Bffoundation Bentonville, AR | $329,044 | $1,253,355 |
Middleburg Film Festival Middleburg, VA | $254,170 | $817,838 |
Indie Memphis Memphis, TN | $292,836 | $430,243 |
Riverrun International Film Festival Winstonsalem, NC | $505,941 | $667,831 |
Nashville Film Festival Nashville, TN | $130,233 | $530,082 |
Athens Film Arts Institute Inc Athens, GA | $2,591,562 | $922,375 |