Nashville Film Festival General Information Contact Information Nonprofit Nashville Film Festival Address 161 Rains Avenue Nashville, TN 37203 Phone (615) 742-2500 Fax 615 649-0001 Web Site Web Site Facebook Facebook Twitter Twitter Email info@nashfilm.org At A Glance Year of Incorporation 1972 NashFilm Former Names NaFF Sinking Creek Film Celebration 1
Mission & Impact Statements Mission The Nashville Film Festival amplifies our collective and individual awareness by bringing the world to Nashville to celebrate innovation, music and the many voices of the human spirit through the art of film.nashfilm serves our city. We provide a rich, diverse, and engaging arts experience that makes people feel proud to live here. Companies send their employees to NashFilm films. Why? Attending NashFilm is a highlight experience. People feel connected to each other, to the film industry, to issues and concerns presented in riveting documentaries, and to a larger world. They are uplifted through the art of film and music. NashFilm attracts more than 500 volunteers each year because they experience making a difference. NashFilm makes Nashville a better place to live. NashFilm serves at-risk youth through our "Livin' Reel" program. It is a hands-on filmmaking experience that in the past 15 years, has helped hundreds of impoverished teens find their voice and direction. NashFilm gives college students a place to screen films, volunteer, learn techniques, and meet professionals who can help them on their way. NashFilm serves Nashville's diverse community by giving a voice to their uniqueness and concerns. NashFilm has cultivated programs with the Black, Hispanic, LGBT, Kurdish, Asian, Jewish and senior communities. We screen films, host networking receptions, and provide an exciting venue for their community and beyond. NashFilm serves the greater Nashville arts community by providing an active marketplace. Past collaborations have included art by our homeless population at Room At The Inn, TACA, the Symphony and Ballet, to music by Nashville songwriters that will find its way into television programs and films, NashFilm is the meeting and marketplace they require. Finally, NashFilm serves Tennessee filmmakers and screenwriters with a way to establish their careers. Film festivals are vital for emerging filmmakers and NashFilm has become a festival of choice because of its reputation and reach. Background 2019 marks the 50th continuous festival produced by the Nashville Film Festival. It is celebrated as one of the top 10 and oldest film festivals in the United States. The Festival is held over 10 days every May. Primarily, NashFilm is a competition for filmmakers and screenwriters. Our film department narrows more than 7,000 entries from over 125 countries to a final list of about 300. Our screenwriting department will pull winning scripts from over 2,000 entries. Many of our films go on to the Cannes Film Festival, Sundance, and the Academy Awards. In fact, the Festival has been selected by the Academy of Motion Picture Arts and Sciences to qualify in all three Shorts categories -- meaning that our winners are automatic candidates for Academy Awards and more than 13 have gone on to win Oscars! We celebrate Tennessee films, film-makers, stories and artists with the Tennessee Spirit Award and the Horizon Awards. Each year we bring Hollywood to Nashville -- we have brought an impressive list of celebrities to the festival including Oprah Winfrey, Nicole Kidman, William Shatner and hundreds more. The Film Festival has successfully partnered with more than 90 business and arts organizations. It is an important instigator of awareness and growth as we bring challenging films and viewpoints together. We highlight films for Latino, Black, Kurdish and LGBT communities as well as at-risk youth with a program that involves teens in creating, acting in, and editing their own film, watching it on the big screens and walking the red carpet. With a strong commitment to independent and intelligent film, Nashville Film Festival gives its audiences a chance to see the work of amazing filmmaking talent and have an opportunity to ask questions in a Q & A session. With films crossing all genres from drama, comedy, animation, family, experimental, foreign, documentaries and short films, NashFilm may represent the only opportunity to see these films. The Film Festival has an outstanding board representing the music, film and business communities of Nashville. 2
Impact In our 50 years serving Nashville, NashFilm has become a cultural institution with an international reputation. We have: 1. expanded our reach - increased entries (more than 8,000), screened more films (more than 300), increased attendance (more than 40,000), increased strategic relations in our community to more than 90 businesses and organizations; 2. kept our expenses low through strict fiscal management; 3. shared resources with Nashville Public Television which also supplied our office space; 4) extended our reach to colleges and atrisk youth through two important programs. Goals for this year include: 1) greatly expand the visibility of the film festival 2.) represent the cultural diversity of Middle Tennessee in our volunteers, and films, focusing especially on the Chinese population, Latino, Black, and LGBT communities and At-Risk Youth 3.) Expand year-round programming through partnerships with area universities and organizations, and share the art of film around Tennessee using our outdoor theater. 4.) expand our year-round staff and deepen the knowledge of our professional staff through training. 5.) expand our screenwriting competition, launched in 2013, and our virtual reality competition launched in 2016. Needs In the last five years of its 50-year history, the Nashville Film Festival, has enjoyed a nearly 400% growth spurt. It is now recognized as one of the top film festivals in the world. It expanded to 10 days and 10 theaters in 2017, annually attracting 40,000 attendees. This growth brings with it tremendous pressure for the small year-round staff of just four people, and 50+ seasonal employees. NashFilm's first need is to generate enough revenue to allow for the addition of a project manager for our annual At-Risk Youth projects and a new development director. In addition, NashFilm needs to invest in the development of its current staff. They will be best served by making site visits to other film festivals during their events. They will explore ticketing options, member and sponsor benefit programs, marketing strategies, signage, party-plans and more. The ideas they gather will help expand NashFilm to even greater levels. As NashFilm develops in the near future, we envision a film, music and media festival and conference that helps cement the perception of Nashville as one of America's leading arts destinations. We will need staff and cutting-edge knowledge to get it done. Other ways to donate, support, or volunteer We welcome contributions, in-kind contributions, volunteers, and members. The Nashville Film Festival is a celebration of the art of film & music that challenge and inspire. One of the oldest film festivals in the country, this will be our 50th annual festival. The Nashville Film Festival is consistently ranked one of the top 10 film festivals in the U.S. Importantly, the festival receives more than 8,000 film, music, and script submissions annually, and screens more than 300 films making the rounds to Sundance, Cannes and the Academy Awards. Join film-makers, actors, musicians and film fans at an urban festival with Southern charm. Select members get discounts and access to the VIP tent. Contribute to help art and artists thrive in Nashville. Join volunteers who make the red carpet events happen. Service Categories Primary Organization Category Arts,Culture & Humanities / Film & Video Secondary Organization Category Public & Societal Benefit / Alliances & Advocacy Tertiary Organization Category Education / Adult Education Areas of Service Areas Served TN - Davidson TN - Wilson TN - Sumner TN - Robertson 3
TN - Cheatham TN - Rutherford TN - Cannon TN - Clay TN - Coffee TN - Cumberland TN - Dekalb TN - Dickson TN - Fentress TN - Williamson TN - Franklin TN - Giles TN - Hickman TN - Houston TN - Humphreys TN - Jackson TN - Lawrence TN - Lewis TN - Lincoln TN - Macon TN - Marshall TN - Maury TN - Montgomery TN - Moore TN - Overton TN - Perry TN - Pickett TN - Putnam TN - Smith TN - Stewart TN - Trousdale TN - Van Buren TN - Warren TN - Wayne TN - White NashFilm's audience is mainly drawn from Greater Nashville but extends to Middle Tennessee and all of the Mid-South. We have outreach programs that target Black, Latino, Kurdish, LGBT, Teens, seniors, Tennessee filmmakers, and Tennessee audiences. Our filmmakers and creatives represent more than 125 countries. Board Chair Statement Nashville Film Festival had an incredibly successful festival in May 2018, and it is now the task of our talented and committed staff, along with the energy and ideas of the board, to raise the bar even higher for the coming year. Our 2019 festival marks NashFilm's 50th anniversary, 10 years older than Sundance, and it is the longestrunning festival in the Southeast. NashFilm has become an important cultural institution in our community, and it 4
is a link between the film industry and the local music industry, drawing entertainment industry leaders from all over the world. NashFilm's At-Risk youth program impacts the under-served in the community. Nashville Film Festival has many goals in the coming years, but foremost among them is our commitment to always entertain, educate and enlighten. CEO Statement Nashville Film Festival (NashFilm) is a year-round arts organization highlighting the many voices of the human spirit through the art of film. It is Hollywood glamour and urban edge mixed with Southern hospitality. Every year since 1969, NashFilm has screened thousands of films to bring diverse audiences and cultures together. The Nashville Film Festival secures and shines the light on many diverse programs including at-risk youth, Latin, Black, LGBT, Kurdish, and veterans. Film is an incredible art form with the power to encompass all creative arts, combining innovation, music and unique stories in a way that not only entertains but also changes lives. The festival brings red carpets, celebrities, VIP tents, amazing films and educational panels that reveal the inside workings of the music and film industries. The festival truly has something for everyone and it s open to both industry professionals and the public. From films screenings with such celebrities as Oprah Winfrey, Nicole Kidman and William Shatner to red carpet events with At-Risk teenagers posing for paparazzi at the premiere of their film, the festival pushes the limits and reach film-making. Yearly submissions surpass 8,000 from over 125 countries, placing the Nashville Film Festival at the very top of over 4,000 film festivals in the world. This results in a high-quality lineup of films, setting the stage for the annual event drawing over 40,000+ attendees, 500 volunteers, 90+ community partners, a committed board, and more than 50 seasonal and full-time employees. Our growth has been steady over the 50-year history, with our audience tripling in size between 2005 and 2017. NashFilm strives to create mutually beneficial partnerships and alliances with other organizations to further the benefits of arts education, creativity in the workplace, and the community as a whole. NashFilm has a strong, diverse and committed board made up of film professionals, music business executives and other local leaders. Recognition from the Academy of Motion Picture Arts and Sciences (major grant recipient), MovieMaker Magazine (ranked top 25 festival), Brooks Institute (ranked 5th festival in U.S.) and the sheer success of many NashFilm alumni have positioned the festival to become the global leader and creative epicenter of film and music in the U.S. 5
Programs Programs Nashville Film Festival Description One of the largest film events in the world, the 2019 Nashville Film Festival is scheduled to take place October 3-12 at multiple exciting locations throughout the city. NashFilm celebrates the human spirit through the art of film-making, screening more than 300 films each year including feature films, documentaries, shorts and animated films. It brings over 200 filmmakers and industry insiders to Nashville each year who present educational panels and discussions at the festival. NashFilm emphasizes the role of music in films by bringing film supervisors to town and connecting them with Nashville musicians and music businesses. NashFilm has grown to attract 40,000 attendees from greater Nashville, Tennessee and the world. In 2018, NashFilm will partner with over 90 Nashville arts organizations and companies, through greater visibility, increase attendance and exposure. NashFilm provides one of the most respected film competitions in the world, with segments for students and all genres of film. We provide a rapidly growing screenwriting competition, a music competition, and a competition to pitch various art projects to agents and industry leaders. These competitions are at the heart of a festival that is then attended by industry insiders, artists, and the public. Budget 350000 Category Population Served Short Term Success Long term Success Arts, Culture & Humanities, General/Other Cultural Festivals Adults, Hispanic, Latino Heritage, Blacks, African Heritage In 2019, the Nashville Film Festival will celebrate the art of film and all its components - great writing, music, acting, costuming, and more - in venues spread throughout the city. We will indeed take the festival to the neighborhoods and offer the largest film festival our city has ever known. We are able to stretch because of the long-term and short-term success the festival has enjoyed. In 2018, the festival grew in all metrics of revenue, attendance, submissions, and participation from volunteers. This was due to the hard work and efforts of the staff and board. The Nashville Film Festival will serve over 60,000 attendees and each year, NashFilm filmmakers, screenwriters and musicians will seal deals which further their careers as a result of the NashFilm showcase. NashFilm will help Nashville grow as the city attracts a young, tuned-in, creative community. The brilliance of the Nashville Film Festival aids this city sell itself to newcomers and business, alike. Additionally, NashFilm will educate 50 at-risk youth, 200+ college students, hundreds of seniors and under served communities in Nashville in the art of film. By partnering with international delegations, such as Kurdistan, Cuba and China, NashFilm will help provide jobs for the Tennessee film and music community while also creating strong and artful relations with the art communities within those communities and beyond therefore strengthening our own. 6
Program Success Monitored By Examples of Program Success We monitor our success by:1. # of tickets sold2. Ticket revenue3. Attendance metrics: age, race, education, annual income4. Submission growth from year-to-year which is an indicator of our reputation in the film industry.5. The agents, film-buyers, music placements, script placements, and film sales we are able to achieve.6. The response from audiences rated on a 5 point Likert scale.7. The number of volunteers and what they say about their experience at the festival.8. Our memberships, how many are purchased, how many are repeat members, and what they say about their experience at the festival.9. The overall film quality.10.the number of major media that attend the festival. We are thrilled with one of our programs. Each year, for the past 15, we have provided a film-making program for at-risk youth called Livin' Reel. For the past two years, we worked with young women, age 15-17, from Youth Villages. These young women are at Youth Villages because they experience emotional and behavioral disorders, physical or sexual abuse, substance abuse or suicidal ideation or attempt. Eighty percent of Youth Villages children have multiple problems, which may include developmental or learning disabilities. The teens are supervised by their own staff, but the Nashville Film Festival brings in professional songwriters to write songs with them based on their experience, then produce a music video of the song, record it at a professional Nashville recording studio and finally, to premiere their film at the Nashville Film Festival. This program is well evaluated with surveys for students, program staff, and participating artists. Students report that it opens their eyes to what can be possible. Some have gone on to professional careers. 7
Livin' Reel, A film-making program for at-risk teens Description "Livin' Reel" provides a unique opportunity for at-risk youth to create a film from start to finish. They write it, plan its production, act in it, and engage with professionals all along the way. Finally, they present their film and answer questions about it at the Nashville Film Festival. Teens walk the red carpet, participate in a Q&A and participate in a reception. NashFilm works with Youth Villages, the Martha O'Bryan, Preston Taylor YMCA/B&G Club, Stratford HS and Williamson County ALS. The creative process changes how teens see themselves and their futures. They learn skills such as working as a team, conflict resolution, film technical aspects, learning to be heard, to writing, memorizing, being on time and doing their part in order for the project to move forward. Budget 20000 Category Population Served Short Term Success Arts, Culture & Humanities, General/Other Artists-in-Residence At-Risk Populations, Adolescents Only (13-19 years), For the past two years, we worked with young women, age 15-17, from Youth Villages. These young women are at Youth Villages because they experience emotional and behavioral disorders, physical or sexual abuse, substance abuse or suicidal ideation or attempt. Eighty percent of Youth Villages children have multiple problems, which may include developmental or learning disabilities. The teens are supervised by their own staff, but the Nashville Film Festival brings in professional songwriters to write songs with them based on their experience, then produce a music video of the song, record it at a professional Nashville recording studio and finally, to premiere their film at the Nashville Film Festival. This program is well evaluated with surveys for students, program staff, and participating artists. Students report that it opens their eyes to what can be possible. Some have gone on to professional careers. Long term Success This program has been consistently delivered as part of the festival for 15 years. Over time Livin' Reel has served at-risk teens in a variety of settings, including the Oasis Center and Youth Villages. Each year we partner teens with professional filmmakers and songwriters to create an original piece of music and film which is screened before audiences of their peers. Over time, we have provided nearly 500 at-risk teens with a once in a lifetime experience. Program Success Monitored By Examples of Program Success Success is monitored in several ways: We conduct surveys of our participants. 1. The experience of the teens. Do they attend over the course of the program? Are they engaged? Do they like it at the end? Did they learn something important to them? Something new?2. The experience of the staff. Do they want to do this program again? Do they believe this program was of value? 3. The experience of the artists. Did they enjoy the experience? Will they do it again? Is it meaningful to them?4. The outcome: How successful was the song and music video? Did the audience like it? Did the students take it back to their friends and share it with pride? How was the film ranked by the audience that saw it? Four years ago we had a young man really take charge of his experience. He worked hard on the song and recording. He was interviewed on WFSK radio, from Fisk University. He went on to write more songs and has become a young professional Hip-Hop artist. 8
Nashville Diversity Film Program Description Nashville Film Festival invites and selects important films of interest to specific communities. We shine a light on Tennessee, Black, Latino, GBLT, and Kurdish films, issues, visions and filmmakers with minifestivals within NashFilm. Each program segment is created with a partnering community organization and highlighted in our printed program. Festival audiences have the opportunity to talk with many of the filmmakers about his or her experience in a Q&A session. The program has gained international attention. In 2013, the Iraq Ministry of Arts sent a contingent of Kurdish filmmakers and 9 Kurdish films to NashFilm. The program included dignitaries from Syria, Turkey, Iran and Iraq, local Kurdish representatives as well as Nashville and Tennessee elected officials and dignitaries. The Academy of Motion Picture Arts and Sciences also partnered with NashFilm for the program. In 2015, 2016, & 2017, NashFilm brought over 10 Chinese filmmakers and investors to Nashville. This is the beginning of a new international exchange between China and Nashville. The goal is to increase understanding and tolerance through awareness and dialogue. Budget 350000 Category Population Served Arts, Culture & Humanities, General/Other Cultural Festivals, Adults, Partner School and University Programs Description NashFilm Community Outreach Program helps local education and artsbased nonprofits create challenging programming using films that have screened or showcased at NashFilm. NashFilm helps secure the film, and equipment, provides consultation and and helps select and manage speakers. These activities help the other organizations reach their goals. NashFilm also partners with colleges and universities to provide educational experiences for their students -- from volunteering as film screeners or screenplay readers or at the festival itself to internships. Currently, NashFilm works with Lipscomb University, the Nashville Public Library, NPT, Watkins Art Institute, Western Kentucky University, Belmont University, Trevecca and more. Budget 10000 Category Population Served Short Term Success Long term Success Program Success Monitored By Arts, Culture & Humanities, General/Other Cultural & Ethnic Awareness Adults, Adolescents Only (13-19 years), Aging, Elderly, Senior Citizens This year we project to accomplish a minimum of 6 such film programs in multiple venues and neighborhoods throughout the city. We are able to do this based on our success in past years. This is a multi-year program that has shown great success. The films are often challenging documentaries that bring untold stories to life, in the area of the humanities. They focus on issues of race, gun violence, drug addiction, return from incarceration, racism in the U.S. and so on. The multi-year partnership with Lipscomb, NPT and the Public Libraries is an example of this success. Staff at NPT, Lipscomb, the Nashville Public Libraries, Nashville Public Schools and other partners. 9
Next Women in Entertainment Description Next Women in Entertainment is a mentorship program we are starting in 2018, geared towards high school through college age young women working towards careers in the Entertainment Industry. We pair them up with industry leaders in the fields they are interested in for a 4 week mentorship July through August. Budget 1000 Population Served,, CEO Comments Nashville Film Festival (NashFilm) has been a leading presenter and advocate of independent and student films by hosting an annual competition that attracts top filmmakers nationally and internationally, including many from Tennessee. Taking place in the spring every year, it is the longest-running film festival in the South and the third-longest running in the country, providing a vital forum for aspiring and established filmmakers as well as giving our community the opportunity to see films otherwise not seen in theaters. This extraordinary wealth of film resources provides film and educational programs throughout the year to under-served and diverse communities. Our at-risk "Livin' Reel" program is our most-successful teen outreach project. A documentary NashFilm creates, captures the project and incredible changes these at-risk teens go through as part of this process. Premiering at the festival and seeing themselves on the big screen is the highlight for these kids. The cultural diversity of film section continues to grow. 10
Governance Board Chair Board Chair Mr. Jim Scherer Company Affiliation Whizbang Inc. Term June 2018 to June 2019 Email jimscherer@whizbang-inc.com Board Members Name Affiliation Status Ms. Julia Bonner Pierce Relations Voting Ms. Anastasia Brown Format Entertainment Voting Ms. Carey Nelson Burch Hideout Pictures Voting Ms. Shannon Casey Creative Artists Agency Voting Ms. Natasha Corrieri ServisFirst Bank Voting Ms. Tracy Gershon Red Light Mgmt Voting Ms. Adrien Good FBMM Voting Mr. David Haspel Haspel Communications Voting Mr. William Lowery APA Agency Voting Mr. Bob Rains Tennessee Film Commission Voting Mr. Jim Scherer Whizbang, Inc. Voting Mr. Stacy Widelitz Voting Board Demographics - Ethnicity African American/Black 0 Asian American/Pacific Islander 0 Caucasian 12 Hispanic/Latino 0 Native American/American Indian 0 Other 0 Board Demographics - Gender Male 5 Female 7 Unspecified 0 Governance Board Term Lengths 3 Board Term Limits 2 11
Board Meeting Attendance % 80% Written Board Selection Criteria? Written Conflict of Interest Policy? Yes Yes Percentage Making Monetary Contributions 95% Percentage Making In-Kind Contributions 25% Constituency Includes Client Representation Yes Number of Full Board Meetings Annually 4 Standing Committees Community Outreach / Community Relations Development / Fund Raising Executive Marketing Special Events Risk Management Provisions General Property Coverage & Professional Liability Medical Health Insurance Special Event Liability Workers Compensation & Employers' Liability CEO Comments In 50 years, the Nashville Film Festival has become a cultural institution in Nashville and well-recognized internationally as one of the largest film festivals in the world. NashFilm, now, has over 8,000 entries putting it in the top tier among film festivals worldwide. The competition is steep. Only 300 films get a screening at NashFilm, and winning a category at NashFilm, is important for any filmmaker's resume. The Nashville Film Festival is an Academy Award Qualifying Event, meaning short films who win at NashFilm are automatically given Oscar consideration. More than 14 NashFilm short film winners have gone on to win Oscars. We have successfully weathered the current economic slowdown by providing a system for accountability to the budget, and soliciting and receiving more financial support from grants and foundations as well as corporate sponsors. We continue to grow our membership. With ongoing systems and accountability now in place,the organization of Nashville Film Festival is stronger than ever before. We are continuing our outreach community programs with the Livin' Reel At-Risk youth project, which has included partnerships with the Martha O'Bryan Center, Youth Villages, Preston Taylor Boys and Girls Club and Williamson County Alternative Learning Center (Juvenile Delinquents). We have evaluated and made changes to our box office system and publicity partner and are maintaining the growth of the annual film festival. As our national profile continues to grow we were named One of 25 Film Festivals Worth the Entry Fee by MovieMaker Magazine, profiled for our Film Festival in Film Festival Today (Sundance Edition) as well as recognized as one of 26 film festivals from around the world for BEST FILM FESTIVAL PRIZES we look forward to exciting and challenging times ahead. Our call for entries was the highest at over 8,000 and attendance was over 40,000. 12
Management Executive Director/CEO Executive Director Mr. Jason Padgitt Term Start Sept 2018 Email jason@nashfilm.org Experience Dynamic, global leader with deep experience and success as both in-house and agency executive. Expertise across key disciplines including brand development, creative design, digital strategy, marketing communications and strategic partnerships. Effectively lead teams in successful strategic planning, consumer engagement and generating increased organizational value. Former CEOs Name Term Ted Crockett 0 - Apr 2018 Sallie Mayne Jan 2004 - Dec 2011 Staff Full Time Staff 4 Part Time Staff 3 Volunteers 300 Contractors 55 Retention Rate 75% Plans & Policies Does the organization have a documented Fundraising Plan? Yes Does the organization have an approved Strategic Plan? Yes Number of years Strategic Plan Considers 3 When was Strategic Plan adopted? Jan 2018 In case of a change in leadership, is a Management Succession plan in place? Under Development Does the organization have a Policies and Procedures Plan? Yes Does the organization have a Nondiscrimination Policy? Yes Does the organization have a Whistle Blower Policy? No 13
Does the organization have a Document Destruction Policy? No Awards Awards Award/Recognition Organization Year Academy Award Qualifying Event Frist Award for Revenue Generation Academy of Motion Picture Arts andsciences 2013 Center for Non Profit Management 2014 CEO Comments Since January 2012, Nashville Film Festival s annual attendance has increased to over 40,000 with 90+ arts and service organization partnerships at the annual film festival event. The organization oversees the screening process of thousands of entries and programs over 300 films from over 40 countries. 2019 will mark the 50th anniversary of the festival. Starting in 2016, NashFilm began bringing film buyers and studio executives to give our creatives (filmmakers and screenwriters) the opportunity to make a deal on their project.support is more crucial now in a challenging financial time and we look for creative ways to cut expenses and generate income. Our year-round community enhancement programs serve at-risk teens with the Livin' Reel At-Risk youth project. We have taken the project to Youth Villages, the Martha O'Bryan Center, Preston Taylor Boys and Girls Club, Williamson County Alternative Learning Center (Juvenile Delinquents), Charles Davis Foundation and W.O. Smith Music School. Our national profile continues to grow NashFilm has been profiled in VARIETY Magazine nearly every year, and named One of 25 Film Festivals Worth the Entry Fee by MovieMaker Magazine. We look forward to exciting and challenging times ahead. 14
Financials Fiscal Year Fiscal Year Start Jan 01 2018 Fiscal Year End Dec 31 2018 Projected Revenue $744,500.00 Projected Expenses $712,636.00 Endowment Value $0.00 Endowment Spending Policy N/A Endowment Spending Percentage (if selected) 0% Detailed Financials Revenue and Expenses Fiscal Year 2017 2016 2015 Total Revenue $765,677 $858,750 $723,719 Total Expenses $744,791 $855,074 $694,575 Revenue Sources Fiscal Year 2017 2016 2015 Foundation and Corporation $10,000 $112,550 $100,000 Contributions Government Contributions $125,312 $97,618 $86,890 Federal $0 $0 $0 State $24,528 $25,482 $21,264 Local $100,784 $72,136 $65,626 Unspecified $0 $0 $0 Individual Contributions $257,436 $322,206 $214,704 Indirect Public Support $0 $0 $0 Earned Revenue $372,822 $326,173 $321,946 Investment Income, Net of Losses $107 $203 $179 Membership Dues $0 $0 $0 Special Events $0 $0 $0 Revenue In-Kind $0 $0 $0 Other $0 $0 $0 15
Expense Allocation Fiscal Year 2017 2016 2015 Program Expense $500,722 $609,699 $460,630 Administration Expense $179,923 $188,974 $181,401 Fundraising Expense $64,146 $56,401 $52,544 Payments to Affiliates -- $0 $0 Total Revenue/Total Expenses 1.03 1.00 1.04 Program Expense/Total Expenses 67% 71% 66% Fundraising Expense/Contributed Revenue 16% 11% 13% Assets and Liabilities Fiscal Year 2017 2016 2015 Total Assets $80,186 $64,833 $162,158 Current Assets $62,355 $46,221 $143,811 Long-Term Liabilities $0 $0 $0 Current Liabilities $4,038 $9,571 $110,571 Total Net Assets $76,148 $55,262 $51,587 Short Term Solvency Fiscal Year 2017 2016 2015 Current Ratio: Current Assets/Current Liabilities 15.44 4.83 1.30 Long Term Solvency Fiscal Year 2017 2016 2015 Long-Term Liabilities/Total Assets 0% 0% 0% Top Funding Sources Fiscal Year 2017 2016 2015 Top Funding Source & Dollar Amount Program Revenue $372,822 Program Revenue $326,173 Program Services $321,946 Second Highest Funding Source & Dollar Contributions, Gifts Contributions, Gifts Contributions, Gifts & Amount and Grants $257,436 and Grants $322,206 Grants $214,704 Third Highest Funding Source & Dollar Amount Local Government Grants $100,784 Foundations and Corporations $112,550 Foundations & Corporations $100,000 Capital Campaign Is the organization currently conducting a Capital Campaign for an endowment or the purchase of a major asset? No Capital Campaign Goal $0.00 Capital Campaign Raised-to-Date Amount $0.00 as of 0 Capital Campaign Anticipated in Next 5 Years? No State Charitable Solicitations Permit TN Charitable Solicitations Registration Yes - Expires June 2019 Registration No 0 Organization Comments NashFilm's prime financial challenge is to generate enough revenue to comfortably add staff during a time of intense growth. Film Festivals, in themselves, rarely make enough income to stand on revenues from ticket sales alone. Every year we secure sponsorships, both cash and in-kind to supplement the budget, annually this 16
number exceeds 90. In 2014 NashFilm started a new screenwriting competition as a way of generating a new steady income stream. In its first year, the program earned $60,000. The program has steadily built a revenue stream that did not exist before, and it creates opportunities for a completely new group of creatives, screenwriters.. GivingMatters.com Financial Comments Financial figures are taken from the 990. Financial documents prepared by Edmondson, Betzler, & Dame PLLC. Comments provided by Kathryn Bennett 2/26/18. Created 04.18.2019. Copyright 2019 The Community Foundation of Middle Tennessee 17