Basement Films Inc
- Assets
- $42.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 03/2003
- Data as of
- 09/2022
- EIN
- 85-0449258
Organization Overview
Basement Films Inc is located in Albuquerque, NM. The organization was established in 2003. 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. Basement Films 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 09/2022, Basement Films Inc generated $40.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $25.9k during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
APPROXIMATELY 3375 PEOPLE ATTENDED VARIOUS SCREENING EVENTS HOSTED OR COLLABORATED WITH BASEMENT FILMS. OF ATTENDEES INCLUDES 3000 ONLINE ATTENDEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nina Shoenfeld Treasurer | 10 | $0 | |
James Lawrence Secretary | 5 | $0 | |
Beth Hansen Vice President | 10 | $0 | |
Bryan Konefsky President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,753 |
| Total Program Service Revenue | $18,535 |
| Membership dues | $0 |
| Investment income | $74 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,362 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,918 |
| Total expenses | $25,918 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,265 |
| Other assets | $0 |
| Total assets | $42,420 |
| Total liabilities | $0 |
| Net assets or fund balances | $42,420 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Basement Films Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Albuquerque Community Foundation Albuquerque, NM PURPOSE: ACF HUMAN SERVICES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Denver Film Society Denver, CO | $6,290,758 | $7,875,094 |
Austin Film Society Austin, TX | $10,649,086 | $5,415,056 |
Austin Film Festival Inc Austin, TX | $1,971,197 | $2,811,402 |
Salt Lake Film Society Salt Lake City, UT | $2,555,876 | $2,980,758 |
Loft Cinema Inc Tucson, AZ | $3,516,598 | $1,822,149 |
Mountainfilm Ltd 01-01-94 Telluride, CO | $5,204,097 | $2,315,896 |
Sedona International Film Festival & Workshop Sedona, AZ | $2,535,911 | $2,139,457 |
Aspenfilm Aspen, CO | $928,542 | $1,427,688 |
Bountiful Childrens Foundation Spanish Fork, UT | $809,292 | $1,090,238 |
Colorado Film Society Boulder, CO | $492,655 | $989,406 |
Motion Media Arts Center Austin, TX | $1,044,155 | $668,816 |
Society For Cinema & Media Studies Norman, OK | $1,601,458 | $794,538 |