Indianapolis Film Project Inc
- Assets
- $6.3m
- Revenue
- $997.4k
- Investments
- $0.0
- Employees
- 5
- Location
- Indianapolis, IN
- Founding
- 10/2019
- Data as of
- 12/2021
- EIN
- 83-1641302
Organization Overview
Indianapolis Film Project Inc, operating under the name Kan-Kan Cinema, is located in Indianapolis, IN. The organization was established in 2019. 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, Kan-Kan Cinema employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kan-Kan Cinema 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, Kan-Kan Cinema generated $997.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (10.9%) each year. All expenses for the organization totaled $675.1k during the year ending 12/2021. 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
TO ENRICH THE CULTURE OF OUR CITY THROUGH INDEPENDENT FILM EXHIBITION, FILM EDUCATION AND COMMUNITY ENGAGEMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
FILM EDUCATION AND EXHIBITION - DURING THE 9 MONTHS OF CLOSURE DUE TO THE PANDEMIC, IFP OFFERED ART HOUSE CINEMA CONTENT VIA STREAMING, ONLINE SHORT OF THE WEEK AND WATCH LOCAL, HIGHLIGHTING LOCALLY-PRODUCED FILMS. AS ITS AUGUST OPENING APPROACHED, THE KAN-KAN CINEMA HOSTED SEVERAL OUTDOOR AND INDOOR, CAPACITY-LIMITED FILM + CONVERSATION EVENTS IN COLLABORATION WITH LOCAL ORGANIZATIONS, FILMMAKERS AND SUBJECT-AREA EXPERTS. ONCE OPENED, THE KAN-KAN CINEMA RESUMED ITS MONTHLY SERIES ON RACE IN AMERICA, CURATED BY A LOCAL ARTIST AND ACTIVIST, HOSTED THREE FILM FESTIVALS, A BRAZILIAN FILM SHOWCASE AND MANY FILM + CONVERSATION EVENTS IN COLLABORATION WITH OTHER ORGANIZATIONS.
FILMMAKER DEVELOPMENT - BEFORE ITS AUGUST OPENING, THE KAN-KAN HOSTED FIVE CAPACITY-LIMITED PREMIERES OF LOCAL FILMS. SINCE OPENING, TEN LOCAL FILMS HAVE PREMIERED AT THE KAN-KAN. THE THEATRE ALSO HOSTED THE FALL MEETING OF THE INDIANA FILMMAKERS NETWORK.
YOUTH FILMMAKER WORKSHOPS - IN THE FIRST QUARTER OF 2021, IFP HOSTED AN ONLINE HIGH SCHOOL FILM CLUB. LOCAL TEENS SCREENED A CURATED LIST OF FILMS AND TWICE A MONTH, MET ONLINE TO DISCUSS THE FILMS, USING A STUDY GUIDE DEVELOPED BY A LOCAL HIGH SCHOOL TEACHER. SINCE OPENING, STAFF TIME IN THIS AREA HAS BEEN DEVOTED TO DEVELOPING PLANS FOR 2022 EDUCATIONAL PROGRAMS.
AUDIENCE OUTREACH - IN 2021, IFP HOSTED 12 OUTDOOR SCREENINGS, ATTRACTING NEW AUDIENCES IN EACH LOCATION. LOCAL MUSICAL ACTS, LOCAL FOOD AND BEVERAGE VENDORS AND OTHERS JOINED TO CREATE SPECIAL OUTDOOR EVENINGS OF FILM AND FUN. TWICE IN SPRING 2021, IFP HOSTED FILM EVENTS WITH POST-FILM CONVERSATIONS WITH THE FILMMAKER AND OTHER PANELISTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louise Henderson Exec. Director | Officer | 40 | $44,712 |
Thomas E Battista VP & Treasurer | OfficerTrustee | 7 | $0 |
Samuel B Sutphin President | OfficerTrustee | 7 | $0 |
S Benarde Sutphin Assistant Sec | OfficerTrustee | 1 | $0 |
Edward D Battista Secretary | OfficerTrustee | 7 | $0 |
Jerald Harkness Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $30,400 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $432,081 |
| All other contributions, gifts, grants, and similar amounts not included above | $380,214 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $842,695 |
| Total Program Service Revenue | $99,636 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $51,239 |
| 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 | $1,557 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $997,400 |
| 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 | $143,747 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,540 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $393 |
| Fees for services: Accounting | $6,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,791 |
| Advertising and promotion | $16,040 |
| Office expenses | $1,914 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,334 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $43,933 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $275,949 |
| Insurance | $12,914 |
| All other expenses | $4,422 |
| Total functional expenses | $675,105 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $360,811 |
| Savings and temporary cash investments | $66 |
| Pledges and grants receivable | $20,867 |
| Accounts receivable, net | $600 |
| 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 | $5,892,997 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,275,341 |
| Accounts payable and accrued expenses | $38,727 |
| Grants payable | $0 |
| Deferred revenue | $5,654 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $789,359 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $1,616,330 |
| Other liabilities | $0 |
| Total liabilities | $2,450,070 |
| Net assets without donor restrictions | $3,630,168 |
| Net assets with donor restrictions | $195,103 |
| 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 | $6,275,341 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Indianapolis Film Project Inc has recieved totaling $275,000.
| Awarding Organization | Amount |
|---|---|
Central Indiana Community Foundation Inc Indianapolis, IN PURPOSE: Artist Studios & Housing at B-Side Creative Campus | $250,000 |
Indianapolis Foundation Inc Indianapolis, IN PURPOSE: To Be Used at the Organization's Discretion | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Motion Picture Studio Mechanics Union Local 476 Welfare Fund Chicago, IL | $11,578,418 | $19,043,611 |
Milwaukee Film Inc Milwaukee, WI | $11,142,698 | $5,451,115 |
Kartemquin Educational Films Chicago, IL | $3,174,379 | $4,498,578 |
Full Spectrum Features Nfp Chicago, IL | $1,176,346 | $2,082,694 |
The Historymakers Chicago, IL | $11,203,643 | $3,175,641 |
Kindling Group Nfp Chicago, IL | $1,023,785 | $1,220,698 |
Chicago International Film Festival Inc Cinema-Chicago Chicago, IL | $285,412 | $1,440,055 |
Facets-Multimedia Incorporated Chicago, IL | $1,131,562 | $1,233,585 |
Fresh Films Rock Island, IL | $1,182,090 | $1,432,613 |
Chicago Filmmakers Chicago, IL | $2,683,095 | $764,058 |
Indianapolis Film Project Inc Indianapolis, IN | $6,275,341 | $997,400 |
International Latino Cultural Center Of Chicago Chicago, IL | $476,518 | $1,040,320 |