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 12/2023, Kan-Kan Cinema employed 20 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 12/2023, Kan-Kan Cinema generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. 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
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
AS AN ARTISTIC AND CULTURAL MEDIUM, FILM CONNECTS PEOPLE ACROSS MULTIPLE SOCIAL SPECTRUMS. THE ORGANIZATION MAKES THAT CONNECTION AND EXECUTES ITS VISION AT THE KAN-KAN CINEMA, A 3-SCREEN ARTHOUSE THEATER IT OWNS AND OPERATES ON THE CITY'S NEAR EASTSIDE. AT THE KAN-KAN CINEMA, THE ORGANIZATION SERVES THE LOCAL COMMUNITY AND WIDER CITY AUDIENCES WITH AN EVER-CHANGING MIX OF INDEPENDENT CINEMA, FILM & ARTS EDUCATION, PANEL-LED CONVERSATIONS OF SOCIAL IMPORTANCE, NEW WORKS FROM LOCAL AND REGIONAL FILMMAKERS, FILM-BASED PRESENTATIONS BY OTHER AREA NOT-FOR-PROFITS AND OTHER COMMUNITY-BASED EVENTS. MANY OF THE FILMS SHOWN AT THE KAN-KAN NEVER APPEAR IN INDIANAPOLIS-AREA COMMERCIAL CINEMAS. THE ORGANIZATION'S FILMS CROSS EVERY GENRE AND INCLUDE DOCUMENTARIES, CLASSIC AND INTERNATIONAL FILMS. ADDITIONALLY, THE ORGANIZATION EXHIBITS FILMS IN OTHER COMMUNITIES LACKING THEATRICAL VENUES AND SUPPORTS OTHER NOT-FOR-PROFIT ARTISTIC ACTIVITIES IN ITS LOCAL COMMUNITY. MORE BROADLY, THE ORGANIZATION SEEKS TO CREATE A SAFE AND WELCOMING SPACE FOR SHARED EXPERIENCES WHILE SPARKING AUDIENCE AND COMMUNITY CONVERSATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Samuel B Sutphin President | OfficerTrustee | 15 | $0 |
Thomas E Battista VP & Treasurer | OfficerTrustee | 10 | $0 |
S Benarde Sutphin Assistant Sec | OfficerTrustee | 2 | $0 |
Edward D Battista Secretary | OfficerTrustee | 10 | $0 |
Jerald Harkness Director | Trustee | 1 | $0 |
Jon Vickers Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $96,085 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $240,495 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $336,580 |
Total Program Service Revenue | $778,020 |
Investment income | $1 |
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 | $977 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,120,187 |
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 | $371,397 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $29,909 |
Fees for services: Management | $0 |
Fees for services: Legal | $8,131 |
Fees for services: Accounting | $6,400 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $4,456 |
Advertising and promotion | $9,406 |
Office expenses | $8,277 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $39,617 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $118,143 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $278,494 |
Insurance | $16,446 |
All other expenses | $11,533 |
Total functional expenses | $1,387,512 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $106,572 |
Savings and temporary cash investments | $7,593 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,119 |
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 | $5,360,795 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $5,477,079 |
Accounts payable and accrued expenses | $103,188 |
Grants payable | $0 |
Deferred revenue | $21,588 |
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 | $1,408,467 |
Other liabilities | $0 |
Total liabilities | $2,322,602 |
Net assets without donor restrictions | $3,150,697 |
Net assets with donor restrictions | $3,780 |
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 | $5,477,079 |