TWIN CITIES FILM FEST

EIN: 264185895 501(c)(3) Arts, Culture & Humanities

ST LOUIS PARK, MN

Total Revenue
$531,344
Total Expenses
$578,831
Total Assets
$53,604
Net Assets
$-19,227
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
MN
Principal Officer
JATIN SETIA
Tax Period
2023-04-01 to 2024-03-31

TWIN CITIES FILM FEST, founded in 2008, is a small nonprofit in the Arts, Culture & Humanities sector that reported $531K in total revenue in fiscal year 2023.

Mission

TWIN CITIES FILM FESTS MISSION IS TO BUILD, SUPPORT, AND ENHANCE OUR VISUAL ARTS COMMUNITY THROUGH PROVIDING LOCAL FILM ARTISTS WITH EDUCATION, TRAINING, NETWORKING, AND DISTRIBUTION, AND EMPLOYMENT OPPORTUNITIES. THE DETAILED FULL MISSION STATEMENT IS AVAILABLE ON SCHEDULE O.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $427,665
Program Service Revenue $96,735
Investment Income $4
Other Revenue $6,940
TOTAL REVENUE $531,344

Expense Breakdown

Grants Paid $0
Salaries & Benefits $255,128
Fundraising Expenses $20,458
Program Expenses $521,457
Other Expenses $323,703
TOTAL EXPENSES $578,831

Year-over-Year Comparison

2023 2022 Change
Revenue $531,344 $531,575 0.0%
Expenses $578,831 $567,606 +0.0%
Net Income $-47,487 $-36,031 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
14
Employees
5
Volunteers
60

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
$102,000
Total Directors
15
$102,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JATIN SETIA FOUNDER EXECUTIVE DIRECTOR 60.00
Officer Director
$102,000 $0 $102,000
JENNY HANSON BOARD MEMBER 1.00
Director
$0 $0 $0
JAY DUNPHY BOARD MEMBER 1.00
Director
$0 $0 $0
KRISTEN BAAS BOARD MEMBER 1.00
Director
$0 $0 $0
JULIE LYNN YORK BOARD MEMBER 1.00
Director
$0 $0 $0
CAMERON POTTS BOARD MEMBER 1.00
Director
$0 $0 $0
LILY RAINS BOARD MEMBER 1.00
Director
$0 $0 $0
RYAN STEINBAUER BOARD MEMBER 1.00
Director
$0 $0 $0
DANIELLE PALMER BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREA STEIN BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF HAYNE BOARD MEMBER 1.00
Director
$0 $0 $0
KATHY ROSEBERRY BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT BRITTAIN BOARD MEMBER 1.00
Director
$0 $0 $0
WARIS SYYED BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE STOUP BOARD MEMBER 1.00
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 $531,344 $578,831 $53,604 $-47,487
2023 $531,575 $567,606 $113,200 $-36,031
2022 $318,760 $325,086 $112,613 $-6,326
2022 $318,760 $367,408 $44,643 $-48,648
2020 $303,439 $258,190 $59,715 $45,249
2019 $367,362 $399,920 $87,312 $-32,558
2018 $413,731 $372,713 $41,697 $41,018
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