Nashville Film Festival
Fiscal Year
Fiscal Year Start
01/01/2024
Fiscal Year End
12/31/2024
Projected Revenue
$690,000.00
Projected Expenses
$626,500.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| nashville film festival irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $723,678.00 | $638,100.00 | $530,082.00 |
| Total Expenses | $541,605.00 | $642,739.00 | $560,460.00 |
| Revenue Less Expenses | $182,073.00 | ($4,639.00) | ($30,378.00) |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $233,210.00 | $171,312.00 | $112,200.00 |
| Contributions, Gifts, and Grants | $172,540.00 | $166,150.00 | $56,356.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $312,618.00 | $300,532.00 | $361,342.00 |
| Investment Income, Net of Losses | $310.00 | $106.00 | $184.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $0.00 | $0.00 | $0.00 |
| Revenue In-Kind | $5,000.00 | $0.00 | $0.00 |
| Other | $0.00 | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $375,056.00 | $471,976.00 | $411,631.00 |
| Administration Expense | $132,368.00 | $135,005.00 | $121,197.00 |
| Fundraising Expense | $34,181.00 | $35,758.00 | $27,632.00 |
| Total Revenue/Total Expenses | 134% | 99% | 95% |
| Program Expense/Total Expenses | 69% | 73% | 73% |
| Fundraising Expense/Contributed Revenue | 6% | 6% | 5% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Program Revenue $312,618.00 | Program Revenue $300,532.00 | Program Revenue $361,342.00 |
| Second Highest Funding Source & Dollar Amount | Government Grants $233,210.00 | Government Grants $171,312.00 | Government Grants $112,200.00 |
| Third Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $172,540.00 | Contributions, Gifts, and Grants $166,150.00 | Contributions, Gifts, Grants $56,356.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $335,032.00 | $93,136.00 | $130,233.00 |
| Current Assets | $334,786.00 | $92,499.00 | $128,763.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $29,054.00 |
| Current Liabilities | $62,323.00 | $2,500.00 | $5,904.00 |
| Total Net Assets | $272,709.00 | $90,636.00 | $95,275.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2025
Solicitations Permit
Form 990s
Audit Documents
CEO/Executive Director/Board Comments
| NashFilm's primary financial challenge is to generate enough revenue to add and retain key staff sufficiently to support and properly promote our ongoing and developing community outreach initiatives that benefit our members, our local filmmakers and the Middle Tennessee community at large. In addition to presenting an annual festival, we remain committed to growing the non-profit organization to better serve the community through our arts advocacy and film education initiatives. |
Foundation Staff Comments
| Financial figures are taken from the 990. Financial documents prepared by Edmondson, Betzler, & Dame PLLC. Comments provided by Nicole Rose 05/20/2024. |
