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Nonprofiteer
← FILM FOUNDATION INC

Form 990 for tax year 2022

Filed by FILM FOUNDATION INC.

Totals

Total revenue
$1,997,796
Total expenses
$1,344,596
Contributions and grants received
$1,909,437
Grants paid
$0
Program service revenue
$0
Investment income
$88,359
Other revenue
$0
Total assets, end of year
$4,723,443
Total liabilities, end of year
$1,707,210
Net assets or fund balances, end of year
$3,016,233
Program services expenses (Part IX)
$1,009,489
Management and general expenses
$277,143
Fundraising expenses
$57,964
Program service expenses (Part III)
$1,009,489

Program services were 75.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,909,437

  • 3 · Investment income

    total $88,359 · excluded $88,359

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $351,658 · program services $288,360 · management and general $42,199 · fundraising $21,099

  • 7 · Other salaries and wages

    total $265,350 · program services $216,240 · management and general $31,407 · fundraising $17,703

  • 8 · Pension plan contributions

    total $4,957 · management and general $4,957

  • 9 · Other employee benefits

    total $34,538 · program services $29,660 · management and general $3,321 · fundraising $1,557

  • 10 · Payroll taxes

    total $43,133 · program services $34,227 · management and general $5,331 · fundraising $3,575

  • 11b · Fees: legal

    total $2,719 · management and general $2,719

  • 11c · Fees: accounting

    total $54,762 · management and general $54,762

  • 11g · Fees: other

    total $193,279 · program services $154,184 · management and general $39,095

  • 13 · Office expenses

    total $35,857 · program services $24,468 · management and general $10,995 · fundraising $394

  • 16 · Occupancy

    total $78,360 · management and general $78,360

  • 17 · Travel

    total $46,227 · program services $36,967 · fundraising $9,260

  • 19 · Conferences, conventions and meetings

    total $10,870 · program services $9,204 · fundraising $1,666

  • 22 · Depreciation, depletion and amortization

    total $1,478 · management and general $1,478

  • 23 · Insurance

    total $2,344 · management and general $2,344

  • 24a · Other expenses: SPECIAL PROGRAMS

    total $158,934 · program services $158,759 · management and general $175

  • 24b · Other expenses: GRAPHIC DESIGN

    total $35,177 · program services $35,177

  • 24c · Other expenses: MAINTENANCE

    total $21,509 · program services $19,498 · fundraising $2,011

  • 24d · Other expenses: EVENT EXPENSES

    total $3,444 · program services $2,745 · fundraising $699

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,117,635 · end of year $2,323,043

  • 2 · Savings and temporary cash investments

    beginning of year $180,972 · end of year $256,208

  • 10a · Land, buildings and equipment: cost or other basis

    $55,140

  • 10b · Land, buildings and equipment: accumulated depreciation

    $49,236

  • 10c · Land, buildings and equipment, net

    beginning of year $5,168 · end of year $5,904

  • 11 · Investments: publicly traded securities

    beginning of year $2,362,426 · end of year $1,527,057

  • 12 · Investments: other securities

    beginning of year $0 · end of year $611,231

  • 25 · Other liabilities

    beginning of year $2,111,212 · end of year $1,707,210

  • 27 · Net assets without donor restrictions

    beginning of year $2,374,017 · end of year $2,833,296

  • 28 · Net assets with donor restrictions

    beginning of year $180,972 · end of year $182,937

Mission and programs · 2022

Mission

THE FILM FOUNDATION IS A NONPROFIT ORGANIZATION ESTABLISHED IN 1990 DEDICATED TO PROTECTING AND PRESERVING MOTION PICTURE HISTORY. BY WORKING IN PARTNERSHIP WITH ARCHIVES AND STUDIOS, THE FOUNDATION HAS HELPED TO RESTORE OVER 925 FILMS, WHICH ARE MADE ACCESSIBLE TO THE PUBLIC THROUGH PROGRAMMING AT FESTIVALS, MUSEUMS, AND EDUCATIONAL INSTITUTIONS AROUND THE WORLD. THE FILM FOUNDATION'S WORLD CINEMA PROJECT HAS RESTORED 50 FILMS FROM 28 DIFFERENT COUNTRIES REPRESENTING THE RICH DIVERSITY OF WORLD CINEMA. THE FOUNDATION'S FREE EDUCATIONAL CURRICULUM, THE STORY OF MOVIES, TEACHES YOUNG PEOPLE, OVER 10 MILLION TO DATE, ABOUT FILM LANGUAGE AND HISTORY.

Activities or mission (Part I)

THE FOUNDATION IS DEDICATED TO PROTECTING AND PRESERVING MOTION PICTURE HISTORY.

  • THE FILM FOUNDATION (TFF) WAS CREATED IN 1990 BY MARTIN SCORSESE TO RAISE AWARENESS AND FUNDS FOR THE PRESERVATION AND RESTORATION OF OUR CINEMATIC HISTORY. JOINING SCORSESE ON THE BOARD OF DIRECTORS ARE LEADING FILMMAKERS COMMITTED TO ADVOCATING AND SUPPORTING FILM PRESERVATION. TFF IS ALIGNED WITH THE DIRECTORS GUILD OF AMERICA. TFF HAS HELPED TO PRESERVE AND RESTORE OVER 950 FILMS, INCLUDING A DIVERSE GROUP OF FEATURES, DOCUMENTARIES, NEWSREELS, SHORTS, HOME MOVIES, EXPERIMENTAL, AND SILENT FILMS. THESE RESTORED TREASURERS CIRCULATE FOR SCREENINGS OVER 700 ANNUALLY TO AUDIENCES AROUND THE WORLD. THE FOUNDATION ESTABLISHED THE WORLD CINEMA PROJECT (WCP), TO PRESERVE, RESTORE AND SHARE NEGLECTED WORKS BY FILMMAKERS FROM REGIONS ALL ACROSS THE GLOBE. TO DATE, 51 FILMS HAVE BEEN RESTORED FROM 28 COUNTRIES. THE FOUNDATION EXHIBITS ALL THE RESTORED FILMS TO EXPOSE A NEW GENERATION TO CLASSIC CINEMA AND EDUCATE THEM ON THE NEED FOR ITS PRESERVATION. AS PART OF THE WCP, THE FOUNDATION CREATED THE AFRICAN FILM HERITAGE PROJECT TO LOCATE, RESTORE AND PRESERVE SIGNIFICANT AFRICAN TITLES IN PARTNERSHIP WITH THE PAN AFRICAN FEDERATION OF FILMMAKERS AND UNESCO. IN ADDITION, THE WCP PROVIDES TRAINING FOR STUDENTS AND ARCHIVISTS THROUGH ITS RESTORATION FILM SCHOOL IN UNDERSERVED REGIONS. CRUCIAL TO THE FOUNDATION'S MISSION IS PROVIDING ACCESS TO ALL THE TITLES IT HELPS TO PRESERVE AND RESTORE. IN 2022, THERE WERE MORE THAN 700 SCREENINGS OF TFF-FUNDED RESTORATIONS AT FESTIVALS, MUSEUMS, ARCHIVES AND OTHER VENUES AROUND THE GLOBE. THE FOUNDATION MAINTAINS A CONSERVATION COLLECTION FOR FILMS RESTORED WITH ITS FUNDING. HELD AT THE ACADEMY FILM ARCHIVE, 35MM PRINTS, 70MM PRINTS AND DCPS ARE ADDED TO THE COLLECTION WHEN RESTORATION WORK IS COMPLETED.

    Expenses $361,009

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $439,308

  • ADDITIONAL EDUCATIONAL AND OUTREACH PROGRAMS AND DEVELOPMENT THE FOUNDATION PROVIDES PUBLIC ACCESS TO RESTORED FILMS THROUGH ITS EXHIBITION PROGRAM THROUGH PARTNERSHIPS WITH FILM FESTIVALS, MUSEUMS, EDUCATIONAL AND CULTURAL INSTITUTIONS AROUND THE WORLD. IN ADDITION, THE FOUNDATION HOSTS A WEBSITE TO EDUCATE VISITORS ABOUT THE FOUNDATION'S WORK IN PRESERVATION AND EDUCATION, AS WELL AS SOCIAL MEDIA FOR CURRENT NEWS, RESOURCES, AND ARTICLES. THE FOUNDATION ALSO LAUNCHED THE FILM FOUNDATION RESTORATION SCREENING ROOM, A VIRTUAL SCREENING ROOM IN PARTNERSHIP WITH DELPHIQUEST AND ORACLE CORPORATION, TO CELEBRATE AND HIGHLIGHT ITS PRESERVATION PROGRAM.

    Expenses $186,095

  • ARTISTS RIGHTS LEGAL DEFENSE ACTIVITIES - ANOTHER KEY OBJECTIVE OF THE FOUNDATION IS TO PROTECT THE WORK OF FILM ARTISTS FROM CENSORSHIP, ALTERATION, AND INTERNET THEFT. IT CREATED THE ARTISTS RIGHTS EDUCATION AND LEGAL DEFENSE FUND COUNCIL TO ADVOCATE FOR THE PROTECTION OF ARTIST'S RIGHTS.

    Expenses $23,077

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Margaret Bodde

    EXECUTIVE DIRECTOR

    Total calculated
    $206,971
    From this org
    $0
    From related orgs
    $174,442
    Other
    $32,529
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $169,447 related
    Bonus
    $0
    Other
    $0 + $4,995 related
    Deferred
    $0 + $14,552 related
    Nontaxable benefits
    $0 + $17,977 related
    Filer's total
    $0 + $206,971 related
  • Jennifer Ahn

    MANAGING DIRECTOR

    Total calculated
    $174,004
    From this org
    $137,308
    From related orgs
    $0
    Other
    $36,696
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $137,308
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $36,696
    Filer's total
    $174,004
  • Elliot Silverstein

    CHAIR, ARTISTS RIGHT COUNCIL

    Total calculated
    $24,000
    From this org
    $24,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    8
  • Martin Scorsese

    CHAIR

    Total calculated
    $0
    Hours/week
    15
  • Lesli Linka Glatter

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 12 related
  • Paris Barclay

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • Woody Allen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Paul Thomas Anderson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Wes Anderson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kathryn Bigelow

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Francis Ford Coppola

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sofia Coppola

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Guillermo Del Toro

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Clint Eastwood

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Joanna Hogg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Peter Jackson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Barry Jenkins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ang Lee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Spike Lee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • George Lucas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Christopher Nolan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Alexander Payne

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lynne Ramsay

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Robert Redford

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Steven Spielberg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · First-class or charter travel
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202303199349330680

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