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Key West Film Society Inc

Tropic Cinema

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

EIN: 650903672 ✦ Key west, FL ✦ Designated as a 501(c)(3)

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Overview

What is Key West Film Society Inc?

Key West Film Society Inc, operating under the name Tropic Cinema, is a nonprofit organization based in Key West, Florida. Their primary mission is to promote moving-picture media as a crucial art form, engaging both members and visitors through the presentation of films, videos, and new media. Tropic Cinema serves as their principal venue, focusing on technological advancements, aesthetics, and amenities to offer an unparalleled cinematic experience. By showcasing these media forms, they aim to educate, entertain, and enlighten their audience, providing them with a diverse range of artistic content otherwise inaccessible in the Lower Keys region. The organization employs a team of 17 individuals in their mission to foster a vibrant and culturally rich community through the power of cinema.


Official website here: www.tropiccinema.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100% (Four-Star out of Four Stars)

The Key West Film Society Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a perfect score of 100% in accountability and finance. This rating indicates that the organization maintains a high level of transparency and financial health, with all indicators contributing positively to the overall score.

The organization benefits from a robust governance structure, featuring a fully independent board of directors, which enhances its accountability. Additionally, the absence of material diversions of assets and the presence of essential policies, such as conflict of interest and whistleblower policies, further strengthens its operational integrity. The program expense ratio of 84.78% suggests that a significant portion of its resources is dedicated directly to its mission-related activities.

Despite the positive aspects, it's important to note that the score is solely based on financial accountability, with no metrics on program effectiveness or impact reported. Nonetheless, the financial indicators suggest a well-managed organization dedicated to its purpose within the film community.


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

Is Key West Film Society Inc legitimate?

Key West Film Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Key West Film Society 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: $251,534

For more financial information, click here


Official website here: www.tropiccinema.com

What is the mission statement of Key West Film Society Inc?

The Key West Film Society Inc's mission is centered around promoting moving-picture media as a crucial artistic medium. They aim to achieve this by educating and engaging both members and visitors through the presentation of films, videos, and new media. The society also focuses on maintaining and enhancing Tropic Cinema as their primary venue, ensuring it stays up-to-date with technology, aesthetics, and amenities. Their goal is to enlighten and entertain society members and audiences by showcasing projected arts, particularly those that are not commonly available in the Lower Keys.


Official website here: www.tropiccinema.com

Who is the CEO of Key West Film Society Inc?

David Atkinson is the Treasurer of Key West Film Society Inc.


Official website here: www.tropiccinema.com

What is the revenue of Key West Film Society Inc?

Key West Film Society Inc's revenue in 2022 was $635,587.


Official website here: www.tropiccinema.com

Who are the executives of Key West Film Society Inc and what are their salaries?

The average compensation at Key West Film Society Inc during 2022 was $14,796. There are 17 employees and 98 volunteers at Key West Film Society Inc.


Here are 12 key members and their salaries:


Terrence George (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Merrill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leo Waters (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Mcchesney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wally Senney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Deboer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Blades (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Egnatz (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julio Torrado (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Atkinson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Cooper (Director Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mathew Helmerich (Director Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tropiccinema.com

Where can I find the form 990 for Key West Film Society Inc?

Key West Film Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tropiccinema.com

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

Mission Statement of Key West Film Society Inc

Key West Film Society Inc, as a non-profit organization, is dedicated to elevating moving-picture media as a vital art form. They achieve this mission by engaging and educating both members and visitors through the presentation of films, videos, and new media. The society strives to maintain and enhance Tropic Cinema as their primary venue, ensuring it remains technologically advanced, aesthetically pleasing, and equipped with top-notch amenities. By doing so, the Key West Film Society aims to entertain, educate, and enlighten its members and audiences, providing them with unique experiences and exposing them to artistic expressions in the field of projected arts, which might not be accessible otherwise to the Lower Keys community.

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Impact




July, 2024

Key West Film Society Inc's impact lies in promoting moving-picture media as an essential art form, educating and engaging members and visitors through the presentation of film, video, and new media. They maintain and develop Tropic Cinema as the primary venue for the Key West Film Society, ensuring it meets high standards in technology, aesthetics, and amenities. By presenting film, video, and new media not typically available to Lower Keys audiences, they aim to educate, entertain, and enlighten their members and audiences. Their cultural events and feature films contribute to the vibrancy of the Key West community, enriching the local arts scene and providing diverse entertainment options for residents and visitors alike.




This information is meant to be a general summary of Key West Film Society 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
$635,587 (2022)
Expenses
$1,048,983 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$725
  • Program Service Revenue: $636,312
  • Gross Receipts: $635,587

Assets and Liabilities:

  • Total Assets: $1,254,639
  • Total Liabilities: $13,779
  • Net Assets: $1,240,860

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Programs

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

Concessions

Revenue

$153,092

Film Ticket Sales

Revenue

$241,883

Facility Rental

Revenue

$20,101

Memberships and Donations

Revenue

$221,236

Organization Details

Founding Year

1999

Principal Officer

David Atkinson

Main Address

416 Eaton St, Key West, FL, 33040

NTEE Category

Code: A310 - Arts

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