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Fairhope Film Festival Inc

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

EIN: 453571368 ✦ Fairhope, AL ✦ Designated as a 501(c)(3)

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Overview

What is Fairhope Film Festival Inc?

Fairhope Film Festival Inc is a nonprofit organization situated in an unspecified region. Its primary goal is to showcase top-tier cinematic art from around the world, promote Alabama's filmmakers, and boost the local and state economy. The festival's activities include presenting public interest films, aiming to position the area as an attractive location for the film industry. The organization's mission is twofold: to bring world cinema to their region and to advocate for Alabama's filmmakers in the process.


Official website here: www.fairhopefilmfestival.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star Rating

Fairhope Film Festival Inc has received a Three-Star rating from Charity Navigator, reflecting a score of 76%. This rating is derived from a focus on Accountability & Finance, indicating that the organization demonstrates a solid commitment to transparency and financial health. Notably, the organization has 100% independent board members and has shown no material diversion of assets, which contributes positively to its overall rating.

The strengths highlighted include an independent board size and a perfect program expense ratio, suggesting that all of its expenses are directed toward its programs. Furthermore, the charity's website is appropriately listed on its tax form, enhancing accessibility for stakeholders. These indicators showcase the organization’s dedication to maintaining a responsible governance structure.

However, there are several limitations to note. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy reflects potential gaps in governance practices. Addressing these missing elements could further strengthen Fairhope Film Festival Inc's accountability and operational effectiveness.


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

Is Fairhope Film Festival Inc legitimate?

Fairhope Film Festival Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fairhope Film Festival 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: $18,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,060

For more financial information, click here


Official website here: www.fairhopefilmfestival.org

What is the mission statement of Fairhope Film Festival Inc?

The Fairhope Film Festival Inc was established with the mission to showcase the finest cinematic culture from around the globe. Its primary objective is to position the local region as an attractive location for the film industry. Furthermore, the festival aims to support and encourage Alabama-based filmmakers. By doing so, the festival contributes to the growth of both the state and local economy. The organization's activities include hosting events featuring films that resonate with public interest.


Official website here: www.fairhopefilmfestival.org

Who is the CEO of Fairhope Film Festival Inc?

Mary M Riser is the Executive Director of Fairhope Film Festival Inc.


Official website here: www.fairhopefilmfestival.org

What is the revenue of Fairhope Film Festival Inc?

Fairhope Film Festival Inc's revenue in 2022 was $123,748.


Official website here: www.fairhopefilmfestival.org

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

There 200 volunteers at Fairhope Film Festival Inc.


Here are 4 key members and their salaries:


Mary M Riser (Executive Director)
  • Compensation: $18,000
  • Related: $0
  • Other: $0
Richard Pate (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marshall Riser (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marion Walker (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fairhopefilmfestival.org

Where can I find the form 990 for Fairhope Film Festival Inc?

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


Official website here: www.fairhopefilmfestival.org

Learn more at the official website: www.fairhopefilmfestival.org

Mission Statement of Fairhope Film Festival Inc

Fairhope Film Festival Inc, a nonprofit organization, was established with the mission to bring the finest cinematic culture from around the world to their region. Additionally, the festival aims to position the local area as a potential location for the film industry and to support Alabama-based filmmakers. By hosting this event, the festival intends to stimulate the state and local economy. The primary focus of Fairhope Film Festival Inc is to showcase programs featuring public interest films, thereby contributing to the cultural enrichment of their community.

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Impact




October, 2024

Fairhope Film Festival Inc significantly enhances the cultural landscape of the region while driving local economic growth. By showcasing the best in world cinematic culture, the festival not only entertains but also educates and inspires audiences. It serves as a platform for local filmmakers in Alabama, providing them with opportunities to showcase their work and gain recognition.

Moreover, the festival positions Fairhope as an attractive location for the film industry, potentially attracting productions that can benefit the local economy through job creation, tourism, and increased spending in the area. By fostering a vibrant film community, the festival contributes to the overall enrichment of the local arts scene, making Fairhope a cultural destination for residents and visitors alike.




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

Revenue
$123,748 (2022)
Expenses
$140,033 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $220
  • Program Service Revenue: $33,178
  • Gross Receipts: $123,748

Assets and Liabilities:

  • Total Assets: $136,059
  • Total Liabilities: $653
  • Net Assets: $135,406

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Programs

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

TICKET AND FILM SALES

Revenue

$33,178

Organization Details

Founding Year

2012

Principal Officer

Mary M Riser

Main Address

122 FAIRHOPE AVE 3, FAIRHOPE, AL, 36532

NTEE Category

Code: A31 - Arts

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