Overview
What is Black Filmmaker Foundation Inc?
The Black Filmmaker Foundation Inc, situated in New York City, is a nonprofit organization committed to fostering emerging and established filmmakers of color. They host the annual BFF Summit, an exclusive event attended by 125 senior executives in the motion picture and television industry. Additionally, the foundation manages a metaverse online platform, which serves as a hub for private and public events related to media arts and technology. Beyond these events, the Black Filmmaker Foundation Inc provides programs to support and promote the work of these filmmakers, contributing significantly to the contemporary black film movement for over four decades.
Official website here: www.wewatchtogether.us
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Black Filmmaker Foundation Inc has received a solid Three-Star rating from Charity Navigator, indicating a focus on accountability and financial health. The organization scored 83% overall, reflecting strong management practices and financial responsibility. The rating highlights that the charity's score is based solely on its Accountability & Finance metrics, which are essential for assessing its operational integrity.
Key strengths of the Black Filmmaker Foundation include its fully independent board, consisting of five members, and a notable absence of material asset diversion. The organization also maintains a high program expense ratio of 95.44%, indicating that a significant portion of its funds is directed toward its mission rather than administrative costs. Furthermore, it adheres to many best practices, such as having board meeting minutes documented and a conflict of interest policy in place.
However, there are some areas for improvement, particularly regarding missing policies on whistleblower protection and document retention and destruction. Addressing these gaps could enhance the foundation's transparency and governance practices. Overall, the Black Filmmaker Foundation Inc demonstrates a commendable commitment to its financial health and accountability, but should work towards improving its policy framework.
This AI summary has been generated from information found on Charity Navigator.
Is Black Filmmaker Foundation Inc legitimate?
Black Filmmaker Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black Filmmaker Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $51,834
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.wewatchtogether.us
What is the mission statement of Black Filmmaker Foundation Inc?
The Black Filmmaker Foundation Inc, often referred to as BFF, is dedicated to assisting emerging and established filmmakers and expanding audiences for their work. For over four decades, BFF has played a significant role in the development of the contemporary Black film movement. They accomplish this mission by offering various programs and hosting events, such as the annual BFF Summit, an exclusive industry retreat for senior executives of color in the motion picture and television industry. BFF also manages an online platform in the metaverse, hosting events related to media arts and technology. This platform serves as a hub for private and public events, furthering their mission to support the filmmaking community.
Official website here: www.wewatchtogether.us
Who is the CEO of Black Filmmaker Foundation Inc?
Warrington Hudlin is the President of Black Filmmaker Foundation Inc.
Official website here: www.wewatchtogether.us
What is the revenue of Black Filmmaker Foundation Inc?
Black Filmmaker Foundation Inc's revenue in 2022 was $100,000.
Official website here: www.wewatchtogether.us
Who are the executives of Black Filmmaker Foundation Inc and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
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- Other: $51,834
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.wewatchtogether.us
Where can I find the form 990 for Black Filmmaker Foundation Inc?
Black Filmmaker Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wewatchtogether.us
Learn more at the official website: www.wewatchtogether.us
Mission Statement of Black Filmmaker Foundation Inc
The Black Filmmaker Foundation, Inc., or BFF, has been instrumental in supporting emerging and established filmmakers for over four decades. Its mission is to develop and administer programs that aid these filmmakers and cultivate audiences for their work. For many years, BFF has played a significant role in the emergence of the contemporary Black film movement.
BFF achieves its mission through various means. One of its primary initiatives is the annual BFF Summit, an exclusive, invitation-only event for 125 senior executives of color in the motion picture and television industry. This summit enjoys widespread support and participation within the industry. Additionally, BFF operates a metaverse online platform that hosts the BFF Summit and an array of private and public events related to media arts and technology. This digital space serves as a hub for like-minded individuals and organizations in the field.
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Impact
October, 2024
The Black Filmmaker Foundation Inc significantly impacts the film industry by fostering the growth and visibility of both emerging and veteran filmmakers. Through its various programs, the organization provides vital support, resources, and networking opportunities that help filmmakers navigate the complex landscape of the motion picture and television industries.
One of the key components of its influence is the annual BFF Summit, an exclusive retreat that brings together 125 senior executives of color. This event not only promotes dialogue and collaboration among industry leaders but also emphasizes the importance of diversity in filmmaking. By ensuring that creators from diverse backgrounds can connect with decision-makers, the foundation plays a crucial role in transforming the industry's landscape.
Additionally, the Black Filmmaker Foundation utilizes innovative platforms, such as its Metaverse online venue, to expand reach and engagement. This initiative allows for the hosting of both private and public events focused on media arts and technology, thereby creating new pathways for filmmakers to showcase their work and connect with audiences.
With over four decades of commitment to the contemporary Black film movement, the foundation continues to be a catalyst for change, advocating for representation and empowering storytellers who contribute to a richer, more inclusive narrative landscape in cinema and beyond.
This information is meant to be a general summary of Black Filmmaker Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $100,000
- Gross Receipts: $100,000
Assets and Liabilities:
- Total Assets: $733,765
- Total Liabilities: $0
- Net Assets: $733,765
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSORSHIPS
Revenue
$100,000
Organization Details
Founding Year
1978
Phone
(917) 330-9800Principal Officer
Warrington Hudlin
Main Address
168 DUANE STREET SUITE 5N, NEW YORK, NY, 10013
Website
www.wewatchtogether.usNTEE Category
Code: A31 - Arts
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