AFRICAN FILM FESTIVALINC

EIN: 133718505 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$386,625
Total Expenses
$419,326
Total Assets
$32,784
Net Assets
$17,839
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
NY
Principal Officer
MAHEN BONETTI
Phone
2123521720
Tax Period
2023-07-01 to 2024-06-30

AFRICAN FILM FESTIVALINC, founded in 1990, is a small nonprofit in the Arts, Culture & Humanities sector that reported $387K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year.

Mission

TO USE AFRICAN CINEMA TO PROMOTE AND INCREASE KNOWLEDGE AND UNDERSTANDING OF AFRICAN ARTS, LITERATURE AND CULTURE; TO DEVELOP AN AUDIENCE FOR AFRICAN FLIM; TO EXPAND THE OPPORTUNITIES FOR THE DISTRIBUTION OF AFRICAN FILMS IN THE UNITED STATES AND ABROAD.

Program Service Accomplishments

Program 1
Expenses: $368,316 Revenue: $146,442

NATIONAL TRAVELING SERIES: TO BRING AFRICAN CINEMA TO THE BROADEST POSSIBLE AUDIENCE. EDUCATIONAL PROGRAMMING: TO BRINGS THE UNIQUE EDUCATIONAL POWER OF FILM TO NYC STUDENTS BY INTEGRATING AFRICAN...

Read more

NATIONAL TRAVELING SERIES: TO BRING AFRICAN CINEMA TO THE BROADEST POSSIBLE AUDIENCE. EDUCATIONAL PROGRAMMING: TO BRINGS THE UNIQUE EDUCATIONAL POWER OF FILM TO NYC STUDENTS BY INTEGRATING AFRICAN CINEMA INTO EXISTING CURRICULA AT PARTICIPATING SCHOOLS, ILLUSTRATING ASPECTS OF AFRICAN CULTURE THAT THE STUDENTS MIGHT NOT OTHERWISE ENCOUNTER. COMMUNITY PROGRAMS: TO BRINGS AFRICAN FILM DIRECTLY TO NY NEIGHBORHOODS WITH LIMITED CULTURAL RESOURCES, TAKING AFRICAN CINEMA OUT OF THE ART HOUSE AND INTO THE COMMUNITY. INTERNATIONAL PARTNERSHIPS:TO CONTRIBUTE TO MANY CROSS CULTURAL PROJECTS AND HAS BECOME A RESOURCE FOR PROGRAMMERS WORLDSIDE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $240,183
Program Service Revenue $146,442
Investment Income $0
Other Revenue $0
TOTAL REVENUE $386,625

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,699
Fundraising Expenses $24,095
Program Expenses $368,316
Other Expenses $415,627
TOTAL EXPENSES $419,326

Year-over-Year Comparison

2023 2022 Change
Revenue $386,625 $473,315 -0.2%
Expenses $419,326 $5,162 +80.2%
Net Income $-32,701 $468,153 -1.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
1
Volunteers
18

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$3,000
Total Directors
9
$3,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAHEN BONETTI DIRECTOR/EXECUTIVE DIRECTOR 35.00
Officer Director
$3,000 $0 $3,000
FRANCIS BAFFOUR DIRECTOR 0.50
Director
$0 $0 $0
RUDOLF GEDEON DIRECTOR 0.50
Director
$0 $0 $0
ANGELIQUE KIDJO DIRECTOR 0.50
Director
$0 $0 $0
DANIELLE NICHOLSON DIRECTOR 0.50
Director
$0 $0 $0
MAMADOU NIANG DIRECTOR 0.50
Director
$0 $0 $0
CAROL THOMPSON DIRECTOR 0.50
Director
$0 $0 $0
NEAL PILZER DIRECTOR 0.50
Director
$0 $0 $0
WENDY BEERS DIRECTOR 0.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $386,625 $419,326 $32,784 $-32,701
2023 $473,315 $463,585 $66,790 $9,730
2022 $327,899 $382,115 $55,637 $-54,216
2021 $189,087 $225,141 $108,026 $-36,054
2020 $247,555 $187,162 $144,080 $60,393
2019 $256,534 $190,945 $86,623 $65,589
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare AFRICAN FILM FESTIVALINC with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.