TRAVERSE CITY FILM FESTIVAL

EIN: 203100410 501(c)(3) Arts, Culture & Humanities

TRAVERSE CITY, MI

Total Revenue
$654,245
Total Expenses
$931,740
Total Assets
$2,597,567
Net Assets
$2,363,787
🔒

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
2005
Legal Domicile
MI
Principal Officer
GEORGE POWELL
Phone
2313921134
Tax Period
2023-01-01 to 2023-12-31

TRAVERSE CITY FILM FESTIVAL, founded in 2005, is a small nonprofit in the Arts, Culture & Humanities sector that reported $654K in total revenue in fiscal year 2023. Revenue fell 62% from the prior year — a significant decline worth monitoring. Expenses of $932K exceeded revenue, resulting in a 42% operating deficit.

Mission

THE TRAVERSE CITY FILM FESTIVAL IS COMMITTED TO SHOWING JUST GREAT MOVIES AND HELPING TO SAVE ONE OF AMERICAS FEW INDIGENOUS ART FORMS - THE CINEMA. WE ARE COMMITTED TO SHOWING GREAT MOVIES THAT BOTH ENTERTAIN AND ENLIGHTEN THE AUDIENCE. WE NEED MOVIES THAT SEEK TO ENRICH THE HUMAN SPIRIT AND THE ART OF FILMMAKING, NOT THE BOTTOM LINE. OUR GOAL IS FOR PEOPLE TO LEAVE THE THEATER WITH THE FEELING THAT THEY JUST WATCHED SOMETHING SPECIAL.

Program Service Accomplishments

Program 1
Revenue: $2,788

THE TCFF WEEK-LONG SUMMER FESTIVAL WAS REPLACED IN 2023 WITH A YEAR-ROUND FESTIVAL: TCFF TUESDAYS.

Program 2
Expenses: $459,148 Revenue: $374,566

TRAVERSE CITY'S STATE THEATRE COMBINES WORLD-CLASS, STATE-OF-THE-ART PRESENTATION, WITH THE CLASSIC HOMETOWN MOVIE PALACE EXPERIENCE. STATE THEATRE IS A YEAR-ROUND, COMMUNITY-BASED, ARTHOUSE THEATRE...

Read more

TRAVERSE CITY'S STATE THEATRE COMBINES WORLD-CLASS, STATE-OF-THE-ART PRESENTATION, WITH THE CLASSIC HOMETOWN MOVIE PALACE EXPERIENCE. STATE THEATRE IS A YEAR-ROUND, COMMUNITY-BASED, ARTHOUSE THEATRE THAT FOSTERS A SENSE OF COMMUNITY AND PARTNERS WITH LOCAL SCHOOLS FOR SPECIAL EDUCATIONAL SCREENINGS RELEVANT TO STUDENT CURRICULUM.

Program 3
Expenses: $279,883 Revenue: $187,375

THE BIJOU BY THE BAY IS A 150-SEAT THEATRE ON GRAND TRAVERSE BAY IN NORTHERN MICHIGAN. THE BIJOU OFFERS MOVIE GOERS AFFORDABLE PRICES, FRIENDLY SERVICE, AND IMPECCABLE PROJECTION AND SOUND. THE BIJOU...

Read more

THE BIJOU BY THE BAY IS A 150-SEAT THEATRE ON GRAND TRAVERSE BAY IN NORTHERN MICHIGAN. THE BIJOU OFFERS MOVIE GOERS AFFORDABLE PRICES, FRIENDLY SERVICE, AND IMPECCABLE PROJECTION AND SOUND. THE BIJOU IS TRAVERSE CITY FILM FESTIVAL'S SECOND SCREEN TO STATE THEATRE.

🔒

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 $88,211
Program Service Revenue $564,729
Investment Income $0
Other Revenue $1,305
TOTAL REVENUE $654,245

Expense Breakdown

Grants Paid $0
Salaries & Benefits $295,680
Fundraising Expenses $3,229
Program Expenses $739,031
Other Expenses $636,060
TOTAL EXPENSES $931,740

Year-over-Year Comparison

2023 2022 Change
Revenue $654,245 $1,720,537 -0.6%
Expenses $931,740 $1,429,970 -0.3%
Net Income $-277,495 $290,567 -2.0%
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
5
Independent Members
5
Employees
14
Volunteers
63

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
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROD BIRLESON VICE PRESIDE 2.31
Officer Director
$0 $0 $0
ANNE MOORE BOARD MEMBER 11.54
Director
$0 $0 $0
MICHAEL MOORE PRESIDENT 23.08
Officer Director
$0 $0 $0
DAVID POINSETT SECRETARY 23.08
Officer Director
$0 $0 $0
GEORGE POWELL TREASURER 2.31
Officer 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
2024 No data No data No data No data
2023 $654,245 $931,740 $2,597,567 $-277,495
2022 $1,720,537 $1,429,970 $2,836,092 $290,567
2021 $1,206,308 $530,962 $3,356,607 $675,346
2020 $840,568 $830,755 $2,374,082 $9,813
2019 $2,882,352 $3,422,441 $2,409,527 $-540,089
2019 $2,882,352 $3,192,422 $2,409,527 $-310,070
2018 $3,259,518 $3,326,795 $2,795,521 $-67,277
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare TRAVERSE CITY FILM FESTIVAL with other nonprofits in Michigan and across the country.