Bffoundation is located in Bentonville, AR. 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, Bffoundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bffoundation 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, Bffoundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 46.6% each year . All expenses for the organization totaled $974.1k during the year ending 12/2021. While expenses have increased by 32.5% per year over the past 2 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INFLUENCE MAINSTREAM MEDIA TO INCREASE DIVERSITY IN THE CONTENT THAT IS PRODUCED AND DISTRIBUTED
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BENTONVILLE FILM FESTIVAL IS A ONE OF A KIND EVENT THAT CHAMPIONS INCLUSION IN ALL FORMS OF MEDIA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Wendy Guerrero President | Officer | 40 | $76,923 |
Tracie Flink Treasurer | Officer | 40 | $66,000 |
Christy Pawlak Secretary | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $193 |
Fundraising events | $0 |
Related organizations | $3,900 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,203,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,207,093 |
Total Program Service Revenue | $46,262 |
Investment income | $0 |
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 | $1,253,355 |
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. | $76,923 |
Compensation of current officers, directors, key employees. | $15,385 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $149,946 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $18,773 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,446 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $132,247 |
Office expenses | $12,738 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $20,241 |
Travel | $85,695 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $761 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,340 |
Insurance | $6,023 |
All other expenses | $14,359 |
Total functional expenses | $974,078 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $127,248 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $197,796 |
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 | $4,000 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $329,044 |
Accounts payable and accrued expenses | $20,710 |
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 | $20,710 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $308,334 |
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 | $329,044 |
Organization Name | Assets | Revenue |
---|---|---|
Austin Film Society Austin, TX | $10,649,086 | $5,415,056 |
Austin Film Festival Inc Austin, TX | $1,971,197 | $2,811,402 |
Titus International Institute Chattanooga, TN | $1,012,269 | $1,715,109 |
Bffoundation Bentonville, AR | $329,044 | $1,253,355 |
Film Prize Foundation Inc Shreveport, LA | $278,226 | $842,166 |
Red River Film Society Inc Shreveport, LA | $3,219,020 | $1,069,891 |
Motion Media Arts Center Austin, TX | $1,044,155 | $668,816 |
Indie Memphis Memphis, TN | $292,836 | $430,243 |
New Orleans Video Access Center Inc New Orleans, LA | $172,461 | $745,448 |
Society For Cinema & Media Studies Norman, OK | $1,601,458 | $794,538 |
Nashville Film Festival Nashville, TN | $130,233 | $530,082 |
Deadcenter Film Festival Inc Oklahoma City, OK | $258,597 | $607,158 |