Overview
What is Milwaukee Film Inc?
Milwaukee Film Inc, based in Milwaukee, Wisconsin, is a leading nonprofit organization that focuses on showcasing a diverse range of films. With a workforce of 141 individuals, the organization strives to entertain, educate, and engage their community by presenting award-winning documentaries, feature-length films, and short movies selected from the global festival circuit. The films they screen are carefully handpicked as the best in the circuit, providing an enriching cinematic experience for their audience. The organization's mission is deeply rooted in the power of cinema, aiming to utilize films as a medium to connect with their community and foster meaningful conversations. Their activities extend beyond screenings, providing an engaging platform for individuals to learn and grow. The specific location of their headquarters is 1037 West McKinley Avenue, Milwaukee, Wisconsin, 53205.
Official website here: www.mkefilm.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 82% (Three-Star out of Four Star rating)
Milwaukee Film Inc has received a Three-Star rating from Charity Navigator, reflecting an 82% score primarily based on Accountability and Finance. This rating indicates a solid level of transparency and financial health, with significant strengths in board independence and financial oversight. The organization features a fully independent board and has demonstrated effective management of its assets with no material diversions reported.
Strengths highlighted in the review include a high Program Expense Ratio of 71.52%, indicating that a substantial portion of its funds is directed toward its programs rather than administrative costs. Furthermore, the organization has a strong fundraising efficiency ratio, with only $0.15 spent to raise each dollar, showcasing effective fundraising strategies. However, there are notable gaps in governance policies, such as the absence of a Whistleblower Policy and Document Retention and Destruction policies, which the organization may need to address.
Despite its strengths, the organization’s liabilities to assets ratio of 61.88% raises some concerns about financial stability. While it maintains a solid working capital ratio of 1.85 years, indicating good liquidity, the overall financial ratios suggest that Milwaukee Film Inc should focus on improving its balance sheet and governance practices to enhance overall performance and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Milwaukee Film Inc legitimate?
Milwaukee Film Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milwaukee Film 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: $492,178
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,966,872
For more financial information, click here
Official website here: www.mkefilm.org
What is the mission statement of Milwaukee Film Inc?
Milwaukee Film Inc's mission is centered around engaging and educating the community through cinematic experiences. The organization strives to achieve this by showcasing a diverse range of award-winning documentaries, feature-length films, and short films selected from the global festival circuit. This non-profit organization aims to entertain and enrich its audience, fostering a sense of community and shared experiences through the medium of film.
Official website here: www.mkefilm.org
Who is the CEO of Milwaukee Film Inc?
Joseph Rock is the Board Member of Milwaukee Film Inc. The CEO's salary of Milwaukee Film Inc is $222,000 and their total compensation is $229,118.
Official website here: www.mkefilm.org
What is the revenue of Milwaukee Film Inc?
Milwaukee Film Inc's revenue in 2022 was $4,597,114.
Official website here: www.mkefilm.org
Who are the executives of Milwaukee Film Inc and what are their salaries?
The average compensation at Milwaukee Film Inc during 2022 was $17,440. There are 141 employees and 103 volunteers at Milwaukee Film Inc.
Here are 41 key members and their salaries (Milwaukee Film Inc's CEO's salary is $222,000 and their total compensation is $229,118):
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Official website here: www.mkefilm.org
Where can I find the form 990 for Milwaukee Film Inc?
Milwaukee Film Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mkefilm.org
Learn more at the official website: www.mkefilm.org
Mission Statement of Milwaukee Film Inc
Milwaukee Film Inc, a renowned organization, is committed to engaging, educating, and entertaining its community through cinematic experiences. Its mission is to curate and present a diverse array of award-winning documentaries, feature-length, and short films that have been meticulously selected from the global festival circuit. By showcasing these films, Milwaukee Film Inc aims to foster a sense of community and stimulate thoughtful discussions around various topics, thereby enriching the lives of its audience.
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Impact
October, 2024
Milwaukee Film Inc significantly impacts the local community by providing enriching cinematic experiences that entertain, educate, and engage audiences. Through the Milwaukee Film Festival, it showcases a diverse selection of award-winning documentaries, feature-length films, and short films that have been meticulously curated from the global festival circuit. This initiative not only highlights the art of filmmaking but also fosters a deeper appreciation for the cultural narratives and artistic expressions represented in cinema. By bringing together filmmakers and audiences, Milwaukee Film Inc cultivates a vibrant arts scene, promotes dialogue around important themes, and ultimately strengthens community connections through the shared experience of film.
This information is meant to be a general summary of Milwaukee Film 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.
- Investment Income: $18,328
- Program Service Revenue: $1,752,701
- Gross Receipts: $6,281,234
Assets and Liabilities:
- Total Assets: $22,665,400
- Total Liabilities: $14,025,393
- Net Assets: $8,640,007
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES - CINEMA
Revenue
$574,752
SPONSORSHIP REVENUE
Revenue
$557,000
MEMBERSHIP FEES
Revenue
$341,452
TICKET SALES - FESTIVAL
Revenue
$249,195
SERVICE FEE - CINEMA
Revenue
$29,002
Organization Details
Founding Year
2008
Phone
(414) 755-1965Principal Officer
Joseph Rock
Main Address
1037 WEST MCKINLEY AVENUE 200, MILWAUKEE, WI, 53205
Website
www.mkefilm.orgNTEE Category
Code: A31 - Arts
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