Overview
What is Sarasota Film Festival Inc?
Sarasota Film Festival Inc, situated in Sarasota, Florida, is a nonprofit organization primarily focused on presenting and promoting high-quality cinema. Their mission is to educate, stimulate, and entertain audiences through this annual event. By showcasing a variety of films, the festival aims to provide an enriching experience for its viewers, fostering a deeper appreciation for the art of cinema. The organization operates out of 323 Central Avenue, contributing to the cultural landscape of the community.
Official website here: www.sarasotafilmfestival.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68%, Two-Star out of Four Star rating
The Sarasota Film Festival Inc has received a 68% rating from Charity Navigator, classifying it as a Two-Star nonprofit. This rating reflects strengths in governance, with a fully independent board and no concerns regarding material asset diversion. Additionally, the organization demonstrates a strong commitment to program expenses, allocating nearly 75% of its budget towards its mission-related activities.
However, the organization faces significant limitations in its accountability and financial practices. Notably, it lacks essential policies, such as a whistleblower policy and document retention guidelines, which are crucial for transparency and integrity. Furthermore, the financial health indicators reveal a concerning liabilities to assets ratio of over 500%, suggesting potential financial instability that may warrant further scrutiny.
Overall, while Sarasota Film Festival Inc shows commendable efforts in governance and program spending, it must address its policy gaps and financial health to enhance its accountability and sustainability in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Sarasota Film Festival Inc legitimate?
Sarasota Film Festival Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sarasota 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.sarasotafilmfestival.com
What is the mission statement of Sarasota Film Festival Inc?
The Sarasota Film Festival Inc's mission is centered around showcasing high-quality cinema. Their primary objective is to educate, stimulate, and entertain audiences through these film presentations. The organization actively promotes their annual Sarasota Film Festival, serving as a platform for this purpose. By doing so, they aim to foster a deeper appreciation and understanding of cinema, enriching the experiences of their audience.
Official website here: www.sarasotafilmfestival.com
Who is the CEO of Sarasota Film Festival Inc?
Mark Famiglio is the President of Sarasota Film Festival Inc.
Official website here: www.sarasotafilmfestival.com
What is the revenue of Sarasota Film Festival Inc?
Sarasota Film Festival Inc's revenue in 2022 was $476,596.
Official website here: www.sarasotafilmfestival.com
Who are the executives of Sarasota Film Festival Inc and what are their salaries?
There 25 volunteers at Sarasota Film Festival Inc.
Here are 6 key members and their salaries:
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Official website here: www.sarasotafilmfestival.com
Where can I find the form 990 for Sarasota Film Festival Inc?
Sarasota Film Festival Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sarasotafilmfestival.com
Learn more at the official website: www.sarasotafilmfestival.com
Mission Statement of Sarasota Film Festival Inc
Sarasota Film Festival Inc, a notable organization, is dedicated to showcasing and promoting high-quality cinema. Their mission is to educate, stimulate, and entertain audiences through the annual Sarasota Film Festival. By presenting a diverse range of films, this nonprofit aims to foster a deeper understanding of various themes and perspectives, while also providing an engaging and enjoyable experience for film enthusiasts. The festival serves as a platform for both established and emerging filmmakers, providing an opportunity for their work to be seen by a wider audience. In this way, Sarasota Film Festival Inc contributes to the cultivation of a vibrant and dynamic film community.
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Impact
July, 2024
Sarasota Film Festival Inc's impact is significant in the field of arts and culture, particularly in Sarasota, Florida. Through its annual Sarasota Film Festival, the organization presents and promotes quality cinema with the purpose of educating, stimulating, and entertaining audiences. This effort contributes to the enrichment of the local community by offering a platform for diverse and thought-provoking films to be showcased and appreciated. The festival serves as a hub for film enthusiasts, artists, and filmmakers to come together, fostering creativity, dialogue, and cultural exchange. By championing quality cinema and providing a space for artistic expression, Sarasota Film Festival Inc plays a vital role in enhancing the cultural landscape of Sarasota and beyond.
This information is meant to be a general summary of Sarasota 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $92,242
- Gross Receipts: $476,596
Assets and Liabilities:
- Total Assets: $47,837
- Total Liabilities: $239,941
- Net Assets: -$192,104
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$72,453
FILM SUBMISSION FEES
Revenue
$19,789
Organization Details
Founding Year
1998
Phone
(941) 364-9514Principal Officer
Mark Famiglio
Main Address
323 CENTRAL AVE, SARASOTA, FL, 34236
Website
www.sarasotafilmfestival.comNTEE Category
Code: A31 - Arts
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