Overview
What is Sundance Institute?
The Sundance Institute is a nonprofit organization based in Park City, Utah. With a workforce of 398 employees, it is dedicated to fostering independent artists and audiences. The organization's primary activity is the Sundance Film Festival, which presented 164 films and projects in 2022. Among these, 84 feature-length films represented 28 countries and debuted as world premieres, showcasing 39 first-time filmmakers. The Institute also supports independent projects through development grants or residency labs. Sundance Institute's mission is to discover and nurture new talent, promoting artistic expression and innovative storytelling in film.
Official website here: www.sundance.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 97%, Four-Star out of Four Star rating.
The Sundance Institute has received a commendable Four-Star rating, reflecting its strong performance in accountability and financial management. With a perfect score in Leadership & Adaptability as well as a 100% independent board, the organization demonstrates a commitment to transparency and effective governance. Its focus on financial integrity is highlighted by a low liabilities to assets ratio and a strong program expense ratio, indicating that a significant portion of its funding goes directly to programmatic efforts.
User feedback emphasizes the institute's dedication to fostering artistic expression and supporting independent filmmakers, which is integral to its mission. The organization has a robust system in place for oversight, including an Audit and Oversight Committee that adheres to best practices in financial management. Furthermore, the presence of multiple policies such as conflict of interest and whistleblower protections strengthens its operational integrity.
Despite these strengths, users recommend continued attention to maintaining transparency and further engaging with its community of filmmakers and audiences. The institute's effective fundraising strategies, as indicated by its low fundraising efficiency ratio, ensure sustainability while allowing it to remain focused on its core mission of supporting the arts. Overall, the Sundance Institute exemplifies a model of excellence in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Sundance Institute legitimate?
Sundance Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sundance Institute 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: $2,825,773
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,054,592
For more financial information, click here
Official website here: www.sundance.org
What is the mission statement of Sundance Institute?
The Sundance Institute is a non-profit organization committed to fostering the discovery and development of independent artists and audiences. Through various programs, the Institute supports the creative process, helping bring innovative films and projects to life. In the 2022 Sundance Film Festival, 164 films and projects were presented, with 84 feature-length films representing 28 countries and 39 first-time filmmakers. The Institute also provided assistance to 15 films and projects through direct grants or residency labs. Nearly all the festival's feature films, 93%, were world premieres. The organization's mission continues to empower independent artists, broaden audiences' perspectives, and promote diverse voices in the film industry.
Official website here: www.sundance.org
What is the revenue of Sundance Institute?
Sundance Institute's revenue in 2023 was $45,006,005.
Official website here: www.sundance.org
Who are the executives of Sundance Institute and what are their salaries?
The average compensation at Sundance Institute during 2023 was $41,347. There are 505 employees and 194 volunteers at Sundance Institute.
Here are 45 key members and their salaries:
- Compensation: $590,610
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- Other: $12,632
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- Compensation: $226,864
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- Other: $6,600
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- Related: $0
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- Related: $0
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- Other: $25,044
- Compensation: $190,738
- Related: $0
- Other: $943
- Compensation: $172,772
- Related: $0
- Other: $13,338
- Compensation: $148,626
- Related: $0
- Other: $26,329
- Compensation: $158,248
- Related: $0
- Other: $15,809
- Compensation: $141,940
- Related: $0
- Other: $14,620
- Compensation: $140,608
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Official website here: www.sundance.org
Where can I find the form 990 for Sundance Institute?
Sundance Institute's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sundance.org
Learn more at the official website: www.sundance.org
Mission Statement of Sundance Institute
Sundance Institute, a renowned nonprofit organization, is committed to fostering the discovery and development of independent artists and audiences. Through its diverse programs, this esteemed institution strives to support creatives in their journeys and engage various audiences in the artistic process.
Sundance Institute's mission is geared towards two primary objectives. First, it focuses on independent artists, providing them with the resources and platforms necessary to bring their unique visions to life. Second, it caters to audiences, expanding their horizons through exposure to innovative and thought-provoking works.
One way Sundance Institute achieves these objectives is through its acclaimed Sundance Film Festival. During the 2022 edition, the festival presented 164 films and projects, including 84 feature-length films representing 28 countries and 39 first-time filmmakers. The Institute's support extended beyond the festival, with 15 films and projects receiving development assistance through direct grants or residency labs. An impressive 93% of the festival lineup consisted of world premieres, underscoring the organization's role as a launchpad for groundbreaking cinematic works.
In summary, Sundance Institute is a pioneering nonprofit organization dedicated to the discovery and development of independent artists and audiences. It achieves this by offering a range of programs designed to support creatives and engage diverse audiences, including the renowned Sundance Film Festival.
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Impact
October, 2024
Sundance Institute profoundly influences the landscape of independent filmmaking by fostering the discovery and development of artists and audiences. Through its extensive programming, the Institute nurtures creative voices and supports the artistic process, exemplified by initiatives like the Sundance Film Festival.
In 2022, the Sundance Film Festival showcased 164 films and projects, featuring 84 feature-length films from 28 countries and encompassing 39 first-time feature filmmakers. This diverse representation not only highlights the range of talent emerging in the independent film sector but also emphasizes the Institute's commitment to promoting new perspectives in storytelling. Notably, 93% of the festival’s feature films were world premieres, underscoring the Institute's role as a crucial platform for debuting innovative cinematic works.
Additionally, the Institute directly supports filmmakers throughout their creative journeys, providing grants and residency labs. In 2022, 15 films and projects benefited from this targeted support. By creating avenues for collaboration and exposure, the Sundance Institute significantly enhances the visibility and viability of independent artists, ultimately contributing to a richer cultural tapestry and a more vibrant arts community.
This information is meant to be a general summary of Sundance Institute. 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 2023.
- Investment Income: $1,234,804
- Program Service Revenue: $13,805,826
- Gross Receipts: $73,797,296
Assets and Liabilities:
- Total Assets: $79,065,331
- Total Liabilities: $7,173,334
- Net Assets: $71,891,997
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FILM FESTIVAL
Revenue
$11,816,971
OTHER PROGRAM REVENUE
Revenue
$1,642,566
FEATURE FILM
Revenue
$206,289
FILM FESTIVAL ADVERTISING
Revenue
$140,000
Organization Details
Founding Year
1981
Principal Officer
Joana Vicente Kliot
Website
www.sundance.orgNTEE Category
Code: A310 - Arts
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