Belcourt Theatre Inc. General Information Contact Information Nonprofit Belcourt Theatre Inc. Address 2102 Belcourt Avenue Nashville, TN 37212 Phone (615) 846-3150 Fax 615 846-3151 Web Site Web Site Facebook Facebook Twitter Twitter Email stephanie@belcourt.org At A Glance Year of Incorporation 1999 Former Names Belcourt, Inc. 1
Mission & Impact Statements Mission To engage, enrich and educate through innovative film programming in our historic theatre, our community, and beyond. Background The Belcourt Theater (originally known as the Hillsboro Theatre) opened its doors on May 18, 1925. Founded as a movie theatre, the Hillsboro boasted a Kimball Organ, 800 leather covered seats and the largest stage in the city. Quickly, the theatre's wonderful location and facility drew live performers to the venue. In addition to films, the theatre has been the stage for the first ever performance by the Nashville Children's Theatre, home to the venerable Grand Ole Opry from 1934-1936, renamed The Nashville Community Playhouse in the late 1930s and eventually returned to its original use as a movie house in the late 1960's. In the late 1990's, after several ownership changes, the theatre was closed for the second time in two years and the neighbors feared to building would be demolished--a fate that most Nashville area theatres had met. A grass roots group of neighbors, film aficionados and preservationists mounted a campaign to "Save Belcourt" to great public enthusiasm. In November of 1999, Belcourt, LLC reached an agreement to lease the property to Belcourt,!, Inc. and today's Belcourt Theatre was born. In its current incarnation, The Belcourt Theatre is a nationally acclaimed non-profit art house theatre screening the best of foreign, independent, and classic film. The Belcourt has been honored by the Sundance Institute as a leading American art house; been recognized in major publications including The New York Times, Variety and The New Yorker; and executive director Stephanie Silverman was named "Nashvillian of the Year" for 2016 by the Nashville Scene in recognition of the Belcourt's renovation. Impact The Belcourt Theatre is a nonprofit cultural institution dedicated to presenting the best of independent, documentary, and world cinema; promoting visual literacy; and making film a vibrant part of the community. Housed in Nashville s last historic neighborhood theatre, the Belcourt Theatre provides opportunities for people of all ages to discover, explore and learn through the power of film. Opening in 1925 as a silent movie house, the theatre was home to the Grand Ole Opry from 1934-36. Since the re-opening of the theatre in 1999 nearly 1,000,000 people have come here to see over 2,800 films from every corner of the globe. After years of planning, the Belcourt underwent a $5 million dollar renovation in early 2016, reopening in July to record breaking-audiences. Needs For the last ten years the Belcourt's needs have been very much about our aging facility. Following a capital campaign and a five million dollar renovation we are able to direct our needs focus back to programming strength and growth.--support for film programming. It allows us to program films based on their excellence and relevance to our community and not on the bottom line box office potential. It allows us to bring smaller independent, foreign and documentary first run films to our community while continuing to program the broad scope repertory series we are known for. Because we still seek out and screen 35mm film prints as much as possible, international repertory programming can be a particularly challenge. Film rights tend to be more expensive and print shipping can be prohibitive. As much as possible we partner with other US based art houses to share those costs and move little seen prints around the country but we absolutely depend on contributed revenue to help make many aspects of our programming possible.--support for education & engagement programs. Our largest area of programmatic growth over the last few years -- from taking film programming to students throughout middle Tennessee with our Mobile Movie Theatre program or teaching in depth seminars like our Anatomy of Cinema series or our Strong Leads program for young women--these programs use film to connect people to their world in new ways. We provide our Mobile Movie Theatre program free to our partner schools and institutions so contributed revenues make that program possible.--supporting staff with fair compensation. The Belcourt has a full time staff of ten and a part time hourly staff of 25-30. We work hard to keep both salaried wages and part-time hourly wages at a level that allows our staff to live in our booming city. --Capitalization funds. Though we've been able to renovate our historic theatre there will always be needs from advancing technologies to aging systems. 2
Other ways to donate, support, or volunteer Donations are accepted by mail, over the phone or via our website at www.belcourt.org. The quick brown fox jumps over the lazy dog. Service Categories Primary Organization Category Arts,Culture & Humanities / Film & Video Secondary Organization Category Arts,Culture & Humanities / Areas of Service Areas Served TN - Davidson The Belcourt attracts audiences from throughout Middle Tennessee and across the Southeast region, and from 44 states and 5 countries during our most recently completed fiscal year. With the greatest concentration in Nashville's metropolitan area and surrounding counties, we see regular attendees from regional cities including Huntsville, Alabama and Bowling Green, Kentucky. CEO Statement The Belcourt Theatre is proud to be at the leading edge of the new American art house movement. As a film house that prides ourselves on the highest exhibition quality, the highest programmatic quality, and the highest customer experience quality, we work diligently to make sure we are meeting those three goals on a daily basis. With tremendous growth over the last five years, we've been incredibly excited to see our membership roles increase from 360 to our current 4700 over the last eight years and attendance numbers more than quadruple in the same time period. In the spring of 2015 the Belcourt entered into the quiet phase of a $5 million dollar capital campaign to raise funds for the restoration and renovation of the theatre. Construction began in early January 2016 and the theatre re-opened to the public on July 22, 2016. The renovation and restoration included dramatic upgrades to lobby, restrooms and vital systems like HVAC and plumbing. The addition of a 35 seat theatre and a classroom for film education programs and critical preservation work to the building's historic 1925 theatre. The Belcourt has been featured nationally in publications like Variety and indiewire and Belcourt staff members are regularly invited to present at national conferences & film festivals. As a member of the leadership team for the national Art House Convergence, a nine year old gathering of art house theatres from across the country, the Belcourt was one of the first of a growing group of voices to advocate for a new, sustainable model for the art house as a non-profit cultural entity. By walking away from the prevailing model created by commercial theatres and embracing a mission driven/community based model, the new art house works for and responds to its community directly with programming and educational initiatives that connect audiences to the world and the world to our community by supporting a vibrant conversation by filmmakers and audience members. 3
Programs Programs Belcourt First Run Film Series Description Annually the Belcourt screens over 100 first run films. First runs are films that are in their initial release window and are being screened for audiences theatrically for the first time. Belcourt first run films include award winners from all the major festivals including the Sundance Film Festival, Cannes International Film Festival, Toronto Film Festival etc., the major foreign releases, significant documentary films and any number of other high quality, critically acclaimed films that are released each year. The Belcourt first run film series features introductions or post-screening Q&As with directors, actor, or other creative participants in the filmmaking process. The Belcourt also takes advantage of local scholars and subject matter experts for post-screening discussions for our audiences. A key partner in post-screening conversations is Vanderbilt University and our partnership program FLiCX. FLICX (Faculty Led Interactive Cinematic Explorations) is a program that pairs groups of students with university faculty members to attend film screenings that include pre-screening introductions and moderated post-screening discussions. Population Served,, Belcourt Repertory Film Series Description The Belcourt Theatre is a leading exhibitor of repertory film programming nationally. Repertory programming includes all works from the cannon of filmmaking that are not a new release. Works include the full spectrum of classic films, foreign films and even cult films. Repertory programming is curated by the Belcourt's Programming Director and is typically included in either the Belcourt s monthly Weekend Classics series, the Midnight Movie series or in the major annual series program. Weekend Classic series run one or two months and have a programmatic framework including, but not limited to, filmmaker retrospective, style exploration or actor retrospective. Major annual series have included a celebration of the few female auteurs with the Essentials of Feminist Cinema series, a centennial retrospective on Ingmar Bergman, a spotlight on the Argentine director Lucrecia Martel, a critical look at the 70s-era Blaxploitation genre, selections from more than four decades of Katharine Hepburn's work, and the epic 26-film Essential Westerns series spanning two months. Population Served,, 4
Belcourt Education & Engagement Program Description Category At the Belcourt we know there is nothing quite like the shared experience of watching a movie. Entertaining, thought-provoking, eye opening and challenging. Through our education and engagement activities, we expand those shared connections, giving both adult and young audiences opportunities to deepen their understanding of and appreciation for the creative content of quality films. Programs that build audiences and inspire life-long learning: Thoughtfully curated films paired with engaging discussions led by professionals, educators and experts for a chance to dig deeper into a subject;guest Artist Dialogues: either in person or via skype to introduce films or facilitate/participate in post-screening discussions; Symposiums and seminars: a chance to dig deeper into a subject, film, or artist;partnerships to engage, educate young audiences and promote visual literacy: partners are invited to the theatre for private screenings curated for their group accompanied by post-screening discussions;mobile Movie Theatre: We take relevant and age-appropriate films and related activities/discussions to schools and community centers via our visual literacy program. Arts, Culture & Humanities, General/Other Film & Video Population Served,, CEO Comments The Belcourt Theatre has been on a remarkable journey over the last several years. From the community stepping up to protect the building at the end of the last millennium, to tremendous growth in audiences and programs over the last decade and a half, to our recent major renovation, Nashville has stepped up to support innovative film programming in a historic neighborhood theatre that has served this community since 1925. In retrospect, it makes sense that a city like Nashville would embrace a great film house but that didn't seem like a foregone conclusion in the early days. Stories matter in Nashville -- narratives have fueled the music business for decades and that love for great storytelling helped the Belcourt build film audiences for both newly released and repertory films since 2000. More recently we have dramatically expanded our education and engagement initiatives. From conversations, classes and Q&As in the theatre to off-site Mobile Movie Theatre programs for young people and adults alike, we are reaching more than 20,000 annually with a deeper dive into films. Whether using them as a window onto issues in our community or as a tool to enhance and expand classroom learning, the palette of work available is incredibly rich and allows us to tailor programs to suit broad and diverse audiences. The award-winning renovation of the Belcourt Theatre in 2016 by Tuck Hinton Architects and RC Mathews Contractor has given our aging theatre a stable and secure physical plant alongside welcoming and accessible audience spaces and world class cinema theaters to ensure that we can meet our mission day in and day out as we serve our community, our region and even film lovers from across the country and the world as they spend time in the city that helped make our dream of a world-class film center a reality. 5
Governance Board Chair Board Chair Mr John Sloop Company Affiliation Vanderbilt University Term Mar 2018 to Mar 2020 Email john.m.sloop@vanderbilt.edu Board Members Name Affiliation Status Ms. Jane Alvis Alvis Company Voting Mr Alandis Brassel Arts and Business Council of Greater Nashville Voting Ms. Krystal Clark Vanderbilt University Voting Ms. Josephine Darwin Tennessee Poison Center Voting Mr. David Ewing Attorney and Historian Voting Ms. Jennifer Fay Vanderbilt University Voting Ms. Nan Flynn Mr. Amos Gott Walt Disney Studios Home Entertainment Voting Voting Mr. Joe Hill HCA Voting Mr. Eric Holder Regions Bank Voting Mr. Terrance Hurd The Hurd Modeling & Talent Agency Voting Mr. Neil Krugman Waller Law Voting Ms. Marcia Masulla Yelp! Voting Mr. Dean Masullo University School of Nashville Voting Mr. Matt Potempa Martin, Heller, Potempa & Sheppard Voting Ms. Lee Maitland Pratt Stephanides Plastic Surgery Voting Ms. Dalya J. Qualls HCA Healthcare Voting Ms. Rosemary Ramsey Brookdale Senior Living Voting Mr. Todd Sandahl M. Todd Sandahl, Attorney-at-Law Voting Ms. Renata Soto Conexion Americas Voting Ms. Leigh Walton Bass Berry & Sims Voting Mr. H.G. Webb Investment Advisor Voting Mr. Bob Webb Ingram Entertainment Voting Mr. F. Clark Williams Vanderbilt University Voting Dr. Jeffrey Williams St Thomas West/Premiere Radiology Voting Mr. Eddie Wright-Rios Vanderbilt University Voting Board Demographics - Ethnicity African American/Black 5 6
Asian American/Pacific Islander 1 Caucasian 19 Hispanic/Latino 2 Native American/American Indian 0 Other 0 Board Demographics - Gender Male 16 Female 11 Unspecified 0 Governance Board Term Lengths 3 Board Term Limits 2 Board Meeting Attendance % 78% Written Board Selection Criteria? Written Conflict of Interest Policy? Percentage Making Monetary Contributions 100% Percentage Making In-Kind Contributions 20% Constituency Includes Client Representation No Number of Full Board Meetings Annually 6 Standing Committees Audit Development / Fund Raising Executive Finance Special Events Risk Management Provisions Commercial General Insurance Commercial General Liability Directors & Officers Policy Workers Compensation & Employers' Liability 7
Management Executive Director/CEO Executive Director Term Start Feb 2007 Email Ms. Stephanie Silverman stephanie@belcourt.org Experience Stephanie Silverman has been at the helm of the Belcourt Theatre since 2007. The Belcourt is a non-profit film house dedicated to presenting the best in contemporary & repertory cinema from around the world. The historic 1925 venue once housed the Grand Ole Opry and is now recognized as one of the country's best art house theaters for both its programmatic vision and fiscal stability. Since 2007, the Belcourt has seen consecutive years of fiscal growth in both earned & contributed revenue with a budget that has nearly doubled in the last four years. The theatre, once famous for it's SAVE THE BELCOURT & BELCOURT YES! campaigns, is now thriving and a model for sustainable art house theaters nationwide. As a regular partner with the Sundance Film Festival and Sundance Institute, the Belcourt has been an official Sundance venue for the last four years, bringing a taste of the festival to Nashville each January & will do so again in 2014. Silverman is a founding member and Associate Director of the Art House Convergence, an organization founded by the executive directors of leading art houses across the country to act as a support organization for theaters at all levels of maturity and stability through research, mentoring and an annual conference. In 2013 she was elected to the national board of the League of Historic American Theatres. Prior to her tenure with the Belcourt, Silverman worked in the non-profit and for-profit cultural sector for many years at organizations including the Dance Center of Columbia College Chicago, Chicago, IL and the John Michael Kohler Arts Center, Sheboygan, WI. She also worked with RMS Titanic, Inc (now Premier Exhibitions) and artist management agency Exceptional Artists and has served as a panelist at various conferences and professional development events including the Art House Convergence, League of Historic American Theatres national conference, National Performance Network Conference. Most recently she delivered the closing keynote address at the 2014 Art House Convergence. She is married to acclaimed electric violinist Tracy Silverman and they live with their four children in central Nashville. Former CEOs Name Term Mr. Steve Small Jan 2003 - Oct 2006 Staff Full Time Staff 11 Part Time Staff 36 Volunteers 50 Contractors 1 Retention Rate 100% Plans & Policies Does the organization have a documented Fundraising Plan? Does the organization have an approved Strategic Plan? 8
Number of years Strategic Plan Considers 2 When was Strategic Plan adopted? May 2016 In case of a change in leadership, is a Management Succession plan in place? Does the organization have a Policies and Procedures Plan? Does the organization have a Nondiscrimination Policy? Does the organization have a Whistle Blower Policy? Does the organization have a Document Destruction Policy? Affiliations Affiliation Center for Nonprofit Management Excellence Network Year 2005 Tennesseans for the Arts 2007 Americans for the Arts 2005 Metro Arts Commission 2006 Tennessee Arts Commission 2006 League of Historic American Theatres 2004 PENCIL 2010 Metro Nashville Public Schools/Chamber of Commerce Alignment Process 2010 Nashville Chamber of Commerce 2009 National Endowment for the Arts 2009 Nashville Rotary Club 2012 Leadership Nashville 2017 Awards Awards 9
Award/Recognition Organization Year Community Equality Award Human Rights Campaign - Nashville 2019 Best Movie Theatre - Reader's Poll Nashville Scene 2018 Toby Leonard selected as one of the first four guest art house programmers Film Struck -- a streaming service collaboration btwn Criterion Collection & TCM 2017 Best Movie Theatre - Reader's Poll Nashville Scene 2017 Mary Ann Sugg Community Enhancement Award Stephanie Silverman - Bank of America's CEO of the Year Award Community Leader of the Year Waves, Inc. 2017 Center for Nonprofit Management 2017 Tennessee Community Organizations (TNCO) 2017 Tennessee Governor's Arts Award TN Arts Commission 2017 Award for outstanding efforts toward the preservation of Davidson County's architectural heritage Historical Commission of Metropolitan Nashville 2017 Excellence in Development Award Urban Land Institute 2017 Finalist for the Frist Foundation's Revenue Development Award Stephanie Silverman recognized as Nashvillian of the Year Sundance Film Festival USA Selectee Sundance Film Festival USA Selectee Center for Nonprofit Management 2017 Nashville Scene 2016 The Sundance Film Festival 2014 The Sundance Film Festival 2013 Best Movie Theatre - Reader's Poll Nashville Scene 2012 Cover story - "How the Stephanie Silverman and the Belcourt Theatre came to be atop America's Indie Film Scene" Sundance Film Festival USA Selectee The City Paper 2012 The Sundance Film Festival 2012 Best Movie Theatre - Reader's Poll Nashville Scene 2011 Sundance Film Festival USA selectee The Sundance Film Festival 2011 Best Concessions Stand Nashville Scene 2011 Best Movie Theatre - Reader's Poll Nashville Scene 2010 Best Arts Programming - Editors Poll Sundance Film Festival USA selectee Sundance Institute Art House Honoree Nashville Scene 2010 The Sundance Film Festival 2010 The Sundance Institute 2006 Senior Staff Mr. Toby Leonard Programming Director 10
Toby Leonard has served as the Programming Director of the Belcourt Theatre since the dawn of the new millennium. In 1999, he was part of a small group that formed to save the Belcourt, the city s last historic neighborhood theater, from the wrecking ball. Since then, he has been dedicated to making the Belcourt a nationally recognized venue for innovative programming and a model of community pride. In 2006, he joined a small group representing 12 cinemas nationwide to begin work on the Sundance Institute Art House Project. That initiative gave birth to the Art House Convergence in 2008, an endeavor that is now the go-to conference for independent cinema operators across North America, and Toby continues to serve on its Leadership Committee. In addition to his work in theatrical exhibition, he has served as a theatrical booking consultant, spearheading releases for Kino Lorber (MEMPHIS), Polsky Films (THE MOTEL LIFE), and Chicago s venerable indie music label Drag City (SXSW-winning documentary DRAGONSLAYER, cult doc THE SOURCE FAMILY, and Harmony Korine s 2009 film TRASH HUMPERS) Ms. Melinda Morgan Operations Director Melinda Morgan is the Operations Director at the Belcourt Theatre. She is responsible for day to day operations of the Theatre; involving Front of House staffing, concessions, and maintaining any events scheduled. Melinda worked formerly as the Special Events Manager at the Frist Center for the Visual Arts and was part of the opening staff for the Center. She attended the University of Alabama and has a BA in Arts Administration with a minor in Business. Mr. Kirk Futrell Projection & Facilities Director Kirk Futrell only knows one industry, movies. He has been a film projectionist for over 20 years. He has worked as a projectionist at mulitplexes and single screen theaters, new and old, as well as the Nashville Film Festival and Telluride Film Festival. He loves to see a perfect presentation in a theatre with great equipment. His love for old buildings and technical expertise makes caring for "our" old building all the easier. 11
Ms Cindy Wall Marketing & Communications Director Cindy Wall is a seasoned communications professional with broad expertise that ranges from message development, advertising, content development, and strategic planning. Before joining the Belcourt s staff late in 2011, she worked for a number of Nashville nonprofits and has particular expertise in guiding communication strategies for fundraising campaigns. At Vanderbilt University, she oversaw communications for an institution-wide campaign, working closely with university and campaign leadership. She consulted with the Nashville Public Library in forming its foundation, and oversaw communications and development at Cheekwood during a significant capital campaign. She has advised and consulted with a number of Nashville organizations and businesses to create marketing initiatives, implement press strategies, and hone messaging. Before moving to Nashville, she lived in Washington D.C., working for a leading political media firm. Ms. Allison Inman Education & Engagement Director Allison Inman is the Belcourt Theatre's education and engagement director. She coordinates and hosts post-film Q&A sessions, panel discussions, and interviews with filmmakers. She also works with young audiences to promote visual literacy and help foster a deeper appreciation for quality cinema. Before joining the Belcourt, she was a national engagement consultant for San Francisco-based ITVS, coordinating its popular public documentary screening series, Community Cinema, in Nashville. Prior to that, she was communications manager for Rocky Mountain PBS in Denver and a communications consultant for clients in Denver, Nashville, and New Orleans. Ms. Brooke Bernard Development Director Brooke Bernard, a graduate of Watkins College of Art, Design & Film, is one of the founding members of Nashville-based independent film company, Nomadic Independence, where she has produced a noteworthy catalog of films including PING PONG SUMMER (2014), starring Susan Sarandon, a film invited to festivals all over the world and had a wide theatrical release summer of 2014; ENTERTAINMENT (2015), with John C. Reilly which premiered at the 2015 Sundance Film Festival; and MEDITERRANEA (2015), premiering at the 2015 Cannes Film Festival. As a producer, Brooke has been involved in presenting and pitching projects to potential investors around the world, raising more than $3 million in production funding also while managing complex film budgets and schedules. With a deep knowledge of and passion for independent filmmaking, she has a keen understanding of the important cultural and economic role of art house theatres like the Belcourt have in communities. 12
Ms. Elle Long Membership & Administrative Coordinator Elle began her work at the Belcourt in the summer of 2007 as part of the Front of House staff with a small part-time administrative role. Since then, she has become an emerging leader in the nonprofit arts world as the Belcourt s full-time Membership & Administrative Coordinator. During her years at the Belcourt, she s seen the membership base increase from about 900 members to over 4,000 and has improved member engagement. She also programs and curates the Gallery at the Belcourt a space in the lobby for local artists to display work. Elle works with closely with the Art House Convergence and is an annual staff member at the Telluride Film Festival. In her off-time, she is pursuing many creative endeavors, including visual art, modeling, directing and producing videos, and performing as an escape artist. Mr. Zack Hall Programming & Education Associate Zack Hall is the Belcourt Theatre's education and programming associate. He also creates the Belcourt's custom series trailers and in-house promotional videos. Additionally, Zack is a freelance video editor who has worked on a variety of documentaries, music videos, and trailers for companies such as Janus Films, Third Man Records, the IFC Center, and Spectacle Theater. Mr. Matt Polman Graphics & Website Coordinator Ms. Mae Moreno Programming and Marketing Coordinator Mae Moreno is the Belcourt s newest addition to the programming team as our programming and marketing coordinator she helps to program various repertory series and creates content for the Belcourt s very active social media channels. Moreno attended the University of Texas at Austin where she studied the origins and persistence of Latino stereotypes in American media under lauded media historian professor Charles Ramírez Berg. She later moved to Los Angeles, fulfilling a childhood goal of living in the heart of East L.A. amidst Chicano culture. She documented the ethnically diverse arts scene for the L.A. Record before later moving to Nashville. 13
Financials Fiscal Year Fiscal Year Start Jan 01 2019 Fiscal Year End Dec 31 2019 Projected Revenue $3,169,062.00 Projected Expenses $2,952,002.00 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 $2,556,737 $2,040,280 $5,134,082 Total Expenses $2,637,064 $1,963,933 $1,807,721 Revenue Sources Fiscal Year 2017 2016 2015 Foundation and Corporation $0 $0 $0 Contributions Government Contributions $224,200 $231,060 $212,930 Federal $0 $0 $0 State $0 $0 $0 Local $0 $0 $0 Unspecified $224,200 $231,060 $212,930 Individual Contributions $189,696 $523,532 $3,399,425 Indirect Public Support $0 $0 $0 Earned Revenue $1,995,203 $870,702 $1,335,333 Investment Income, Net of Losses $4,469 $3,120 $3,833 Membership Dues $0 $0 $0 Special Events $86,743 $45,852 $65,423 Revenue In-Kind $55,142 $153,357 $115,720 Other $1,284 $1,494 $1,418 14
Expense Allocation Fiscal Year 2017 2016 2015 Program Expense $2,284,740 $1,629,542 $1,486,009 Administration Expense $219,068 $212,631 $182,740 Fundraising Expense $133,256 $121,760 $138,972 Payments to Affiliates -- -- $0 Total Revenue/Total Expenses 0.97 1.04 2.84 Program Expense/Total Expenses 87% 83% 82% Fundraising Expense/Contributed Revenue 27% 15% 4% Assets and Liabilities Fiscal Year 2017 2016 2015 Total Assets $8,529,972 $9,588,276 $5,788,420 Current Assets $1,748,439 $2,447,071 $4,092,305 Long-Term Liabilities $3,025,179 $3,929,187 $298,722 Current Liabilities $78,601 $276,794 $183,750 Total Net Assets $5,301,968 $5,382,295 $5,305,948 Short Term Solvency Fiscal Year 2017 2016 2015 Current Ratio: Current Assets/Current Liabilities 22.24 8.84 22.27 Long Term Solvency Fiscal Year 2017 2016 2015 Long-Term Liabilities/Total Assets 35% 41% 5% Top Funding Sources Fiscal Year 2017 2016 2015 Top Funding Source & Dollar Amount Program Revenue $1,995,203 Program Revenue $870,702 Contributions, Gifts & Grants $3,399,425 Second Highest Funding Source & Dollar Government Grants Amount $224,200 Contributions, Gifts, Earned Revenue and Grants $523,532 $1,335,333 Third Highest Funding Source & Dollar Amount Contributions, Gifts, and Grants $189,696 Government Grants $231,060 Government Grants $212,930 Capital Campaign Is the organization currently conducting a Capital Campaign for an endowment or the purchase of a major asset? Campaign Purpose The Belcourt Campaign: A World-Class Film Center for a Thriving City is a campaign to renovate and preserve the Belcourt Theatre for the next 90 years. Capital Campaign Goal $5,000,000.00 Campaign Start and End Dates Apr 2015 to 0 Capital Campaign Raised-to-Date Amount $4,525,000.00 as of Mar 2018 Capital Campaign Anticipated in Next 5 Years? No State Charitable Solicitations Permit TN Charitable Solicitations Registration - Expires June 2019 Registration No 0 15
GivingMatters.com Financial Comments Financial data is taken from the 990. Contributions from Foundations/Corporations are included with Individuals, as figures are not fully separated in 990. Financials completed by Kraft CPAs, PLLC. Comments provided by Paige Dempsey 10/19/18. Created 04.24.2019. Copyright 2019 The Community Foundation of Middle Tennessee 16