Dumbo Film Festival

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 371964804 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Dumbo Film Festival?

The Dumbo Film Festival is an annual event, situated in New York, specifically at 645 W 207TH STREET, New York, NY 10034. This nonprofit organization's primary mission is to champion independent filmmakers and artists globally. It achieves this by organizing yearly competitions, attracting thousands of attendees and submissions from over 100 countries in the last few years. The festival has received more than 10,000 submissions since its inception, showcasing the best of independent films worldwide.


Official website here: www.dumbofilmfestival.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: One-Star out of Four Stars (56%)

The Dumbo Film Festival has earned a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With a score of 56%, the organization lacks independent board members, which raises questions about its governance. Key policies such as conflict of interest, whistleblower protection, and document retention are missing, which could hinder transparency and accountability.

Despite these issues, the festival demonstrates strengths in its financial ratios, boasting an impressive program expense ratio of 85.75%, suggesting that the majority of funds are directed towards its mission-related activities. Additionally, the organization has reported no material diversion of assets, and it has a favorable liabilities to assets ratio of 0.00%, indicating sound financial management in that regard.

Overall, while the Dumbo Film Festival shows a commitment to its programs and maintains financial stability, the lack of independent oversight and essential governance policies could pose risks. Potential donors and stakeholders may want to consider these factors when evaluating their support for the organization.


This AI summary has been generated from information found on Charity Navigator.

Is Dumbo Film Festival legitimate?

Dumbo Film Festival is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dumbo Film Festival 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: $32,958
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.dumbofilmfestival.com

What is the mission statement of Dumbo Film Festival?

The Dumbo Film Festival's mission is to champion independent filmmakers and their art by organizing annual competitions. This event attracts a substantial number of attendees and submissions annually, showcasing top-notch independent films from around the globe. Over the past few years, the festival has received over 10,000 submissions from over 100 nations, demonstrating its global reach and impact in promoting independent cinema.


Official website here: www.dumbofilmfestival.com

Who is the CEO of Dumbo Film Festival?

Jesus Sanchez is the Principal Officer of Dumbo Film Festival. The CEO's salary of Dumbo Film Festival is $0 and their total compensation is $18,241.


Official website here: www.dumbofilmfestival.com

What is the revenue of Dumbo Film Festival?

Dumbo Film Festival's revenue in 2022 was $51,964.


Official website here: www.dumbofilmfestival.com

Who are the executives of Dumbo Film Festival and what are their salaries?


Here are 3 key members and their salaries (Dumbo Film Festival's CEO's salary is $0 and their total compensation is $18,241):


Daniele Ragusa (Ceo/Director)
  • Compensation: $0
  • Related: $0
  • Other: $18,241
Davide Iacono (Secretary/Director)
  • Compensation: $0
  • Related: $0
  • Other: $12,627
Giovanna Mauro (Treasuror/Director)
  • Compensation: $0
  • Related: $0
  • Other: $2,090


Official website here: www.dumbofilmfestival.com

Where can I find the form 990 for Dumbo Film Festival?

Dumbo Film Festival's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.dumbofilmfestival.com

Learn more at the official website: www.dumbofilmfestival.com

Mission Statement of Dumbo Film Festival

The Dumbo Film Festival, a renowned platform, is dedicated to championing independent filmmakers and artists. Its primary objective is to foster this community by organizing annual competitions. By doing so, the festival provides a platform for showcasing the best of independent films worldwide, drawing thousands of attendees and submissions each year. Over the last four years, the festival has received over 10,000 submissions from over 100 countries, further underscoring its commitment to promoting diverse and independent cinematic talents.

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Impact




August, 2024

The Dumbo Film Festival has had a significant impact on the independent film industry by providing a platform for filmmakers from around the world to showcase their work. With thousands of attendees and submissions each year, the festival has helped to promote and elevate the best of independent cinema on a global scale. The Festival's reach extends to over 100 countries, with more than 10,000 submissions received in the last four years alone. This impact not only highlights the diversity and creativity present in independent filmmaking but also contributes to the growth and recognition of talented film artists worldwide.




This information is meant to be a general summary of Dumbo Film Festival. 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.

Revenue
$51,964 (2022)
Expenses
$45,336 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $51,964
  • Gross Receipts: $51,964

Assets and Liabilities:

  • Total Assets: $51
  • Total Liabilities: $0
  • Net Assets: $51

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SUBMISSION FEES

Revenue

$51,964

Organization Details

Founding Year

2020

Principal Officer

Jesus Sanchez

Main Address

645 W 207TH STREET, NEW YORK, NY, 10034

NTEE Category

Code: A20 - Arts

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