Video Consortium Inc
- Assets
- $1.1m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Mount Kisco, NY
- Founding
- 02/2017
- Data as of
- 12/2023
- EIN
- 81-1686368
Organization Overview
Video Consortium Inc is located in Mount Kisco, NY. The organization was established in 2017. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Video Consortium 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 12/2023, Video Consortium Inc generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 71.7% each year . All expenses for the organization totaled $508.8k during the year ending 12/2023. While expenses have increased by 57.5% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE VIDEO CONSORTIUM IS A GLOBAL NONPROFIT ORGANIZATION THAT SUPPORTS, DEVELOPS, AND CONNECTS THE NEW GENERATION'S VIDEO JOURNALISTS AND DOCUMENTARY FILMMAKERS. THROUGH ITS PROGRAMS, VC EQUIPS NONFICTION VIDEO STORYTELLERS WITH ESSENTIAL RESOURCES TO MAKE IMPACTFUL FILMS THAT CHANGE THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL PROGRAMS: THE VIDEO CONSORTIUM'S GENERAL PROGRAMS SUPPORT AND CONNECT VIDEO JOURNALISTS AND NONFICTION FILMMAKERS WITH ESSENTIAL TOOLS, RESOURCES, AND COMMUNITY BUILDING OPPORTUNITIES SO THEY CAN EFFECTIVELY TELL IMPACTFUL STORIES THAT INSPIRE AND INFORM AUDIENCES WORLDWIDE.LOCAL HUBS: OUR LOCAL COMMUNITY HUBS BRING CREATIVES IN THEIR LOCAL REGIONS TOGETHER FOR RELATIONSHIP BUILDING, KNOWLEDGE EXCHANGES, AND MUTUAL SUPPORT. FILMMAKERS AND JOURNALISTS VOLUNTEER THEIR TIME TO PROGRAM SCREENINGS, FACILITATE MENTORSHIP PROGRAMS AND WORKSHOPS, AND LEAD GATHERINGS FOR THEIR COLLEAGUES THAT CONTRIBUTE TO DEEPER PROFESSIONAL COLLABORATION, WIDER IMPACT FOR VIDEO STORIES, AND A MORE INTERCONNECTED MEDIA ECOSYSTEM FOR ALL.SOLUTIONS STORYTELLING PROJECT: THE SOLUTIONS STORYTELLING PROJECT IS A COLLABORATIVE STORYTELLING FELLOWSHIP THAT CONNECTS REGIONAL FILMMAKERS AND SOCIAL INNOVATORS TO PRODUCE SOLUTIONS-FOCUSED SHORT DOCUMENTARIES THAT CATALYZE POSITIVE CHANGE. THERE WERE NINETEEN SSP FILMMAKING FELLOWS ACROSS AFRICA (2022-2023) AND SIXTEEN SSP FILMMAKING FELLOWS ACROSS LATIN AMERICA (IN PROGRESS, 2023-2024). THE AFRICAN FELLOWS' NINETEEN FILMS WERE PICKED UP BY TOP MEDIA OUTLETS, RAISED FUNDS AND AWARENESS FOR THE SOCIAL ISSUES THEY COVERED, AND HAVE BEEN COLLECTIVELY VIEWED MORE THAN A MILLION TIMES (AND STILL COUNTING) BY AUDIENCES AROUND THE GLOBE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andy Pergam Chair | OfficerTrustee | 5 | $0 |
Duy Linh Tu Vice-Chair | OfficerTrustee | 5 | $0 |
Ann Derry Treasurer | OfficerTrustee | 5 | $0 |
Richard Samson Secretary | OfficerTrustee | 5 | $0 |
Sue Dickey Macarthur Board Memeber | Trustee | 2 | $0 |
Jane Mcdonnell Board Memeber | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $49,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $908,187 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $957,687 |
| Total Program Service Revenue | $52,387 |
| Investment income | $77 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,010,151 |
| 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 | $121,079 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,242 |
| Fees for services: Accounting | $19,191 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $265,732 |
| Advertising and promotion | $2,350 |
| Office expenses | $3,433 |
| Information technology | $34,439 |
| Royalties | $0 |
| Occupancy | $4,615 |
| Travel | $0 |
| 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 | $10,000 |
| Insurance | $16,928 |
| All other expenses | $2,662 |
| Total functional expenses | $508,804 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,344 |
| Savings and temporary cash investments | $849,086 |
| Pledges and grants receivable | $173,168 |
| 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 | $15,542 |
| Net Land, buildings, and equipment | $32,750 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,102,890 |
| Accounts payable and accrued expenses | $1,414 |
| 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 | $1,414 |
| Net assets without donor restrictions | $230,228 |
| Net assets with donor restrictions | $871,248 |
| 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 | $1,102,890 |