Overview
What is Vidiots Foundation?
The Vidiots Foundation, a 501(C)3 nonprofit based in Los Angeles, California, is committed to the celebration and preservation of cinema, particularly independent art. They achieve this through educational programs, archival preservation, and making these resources accessible to the public. Their unique collection comprises over 50,000 rare and classic VHS, DVD, and Blu-Ray titles, which they aim to digitize and share online. As a community arts center, they offer workshops for emerging filmmakers and host events, screenings, and panels for film enthusiasts. The Vidiots Foundation serves as a platform for sharing the love of cinema, fostering discussions, and preserving the communal film-viewing experience.
Official website here: www.vidiotsfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (55%)
The Vidiots Foundation received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. The overall score of 55% is primarily derived from the Accountability & Finance beacon, reflecting the charity's challenges in providing adequate financial documentation and reporting. While the organization excels in having an independent board, scoring full points in that area, it falls short in essential transparency measures like financial statements and board meeting minutes.
Strengths of the Vidiots Foundation include a fully independent board and responsible management of assets, as evidenced by no reported material diversion of assets. However, the lack of available financial statements and missing policies, such as a whistleblower policy and document retention guidelines, raise red flags about governance practices. Additionally, while the program expense ratio is decent, there's room for improvement in transparency regarding overall expenditures.
In summary, while the Vidiots Foundation displays some positive governance attributes, the low rating highlights substantial deficiencies in financial reporting and accountability practices. Prospective donors and stakeholders may want to consider these factors before contributing or engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Vidiots Foundation?
88% of reviewers on Facebook recommend Vidiots Foundation. Here is a summary of their reviews:
Many patrons describe Vidiots as a warm and inviting place that feels like home. The nonprofit is praised for its incredible and rare selection of films, making it a dream destination for movie enthusiasts. This sense of community and love for the extensive movie collection contributes to a nostalgic and cherished experience for visitors.
Overall, supporters express sadness over its closure, showcasing how valued Vidiots was in the community. The heartfelt appreciation indicates that Vidiots truly resonated with its audience, providing a unique and enriching environment for film lovers.
This AI summary has been generated from reviews found on Facebook.
Is Vidiots Foundation legitimate?
Vidiots Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vidiots Foundation 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: $78,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,750
For more financial information, click here
Official website here: www.vidiotsfoundation.org
What is the mission statement of Vidiots Foundation?
The Vidiots Foundation serves as a hub for film enthusiasts, functioning as a non-profit organization with a 501(C)3 status. It is committed to preserving and safeguarding a vast collection of over 50,000 rare and classic VHS, DVD, and Blu-Ray titles, showcasing its dedication to cinematic and media arts. The organization's mission is to celebrate cinema and foster a sense of community through education, archival preservation, and accessibility. By programming their space as a community arts center, they offer workshops to nurture emerging filmmakers and host events, screenings, and panels, providing a platform for anyone passionate about film. The Vidiots Foundation aims to archivize their rare VHS and DVD titles, with a goal of digitizing and making them accessible to the community, eventually reaching film lovers worldwide.
Official website here: www.vidiotsfoundation.org
Who is the CEO of Vidiots Foundation?
Susan Garbett is the Treasurer of Vidiots Foundation.
Official website here: www.vidiotsfoundation.org
What is the revenue of Vidiots Foundation?
Vidiots Foundation's revenue in 2022 was $974,680.
Official website here: www.vidiotsfoundation.org
Who are the executives of Vidiots Foundation and what are their salaries?
The average compensation at Vidiots Foundation during 2022 was $63,375. There are 2 employees and 25 volunteers at Vidiots Foundation.
Here are 10 key members and their salaries:
- Compensation: $78,000
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Official website here: www.vidiotsfoundation.org
Where can I find the form 990 for Vidiots Foundation?
Vidiots Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vidiotsfoundation.org
Learn more at the official website: www.vidiotsfoundation.org
Mission Statement of Vidiots Foundation
The Vidiots Foundation, a non-profit organization with a 501(C)3 status, serves as a vibrant community hub for film enthusiasts. Its primary mission is centered around the cinematic and media arts, specifically preserving and safeguarding a vast collection of over 50,000 rare and classic VHS, DVD, and Blu-Ray titles. This non-profit's objectives extend beyond mere preservation, aiming to celebrate the essence of cinema and nurture independent art.
The Vidiots Foundation connects individuals by providing an evolving media platform where film lovers can explore, engage, and converse about their shared passion. It achieves this by transforming the traditional video store culture into a contemporary setting, encouraging browsing and fostering conversations around beloved films. The non-profit strives to preserve the experience of film as a communal activity, ensuring that the joy derived from film discovery remains an integral part of its community.
In addition to its preservation efforts, the Vidiots Foundation operates as a community arts center, offering educational workshops to support emerging filmmakers. It hosts events, panels, and screenings, catering to a diverse audience passionate about cinema. The foundation also aims to digitize its rare VHS tapes, with a goal of making this extensive collection accessible to the broader film community, both locally and globally. This pursuit of digital accessibility reflects the organization's commitment to ensuring the longevity and accessibility of its priceless cinematic heritage.
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Impact
July, 2024
The Vidiots Foundation serves as a community hub for film enthusiasts, providing a platform for celebrating cinema and independent art. Through its educational workshops, archival preservation efforts, and diverse programming, the foundation aims to inspire conversations and foster a sense of community around the love of film. By preserving and digitizing its extensive collection of rare VHS and DVD titles, Vidiots Foundation strives to make these resources accessible to a wider audience, maintaining the experience of film as a communal activity. In essence, the foundation's impact lies in bridging the gap between traditional video store culture and contemporary media consumption, all while nurturing a space for film lovers to connect and engage with the cinematic arts.
This information is meant to be a general summary of Vidiots Foundation. 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: $54
- Program Service Revenue: $67,419
- Gross Receipts: $977,920
Assets and Liabilities:
- Total Assets: $2,004,901
- Total Liabilities: $24,605
- Net Assets: $1,980,296
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MISCELLANEOUS COLLECTIONS
Revenue
$2,015
SCREENINGS
Revenue
$65,404
Organization Details
Founding Year
2012
Phone
(323) 972-5225Principal Officer
Susan Garbett
Main Address
4884 EAGLE ROCK BLVD, LOS ANGELES, CA, 90041
Website
www.vidiotsfoundation.orgNTEE Category
Code: A31 - Arts
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