TWIN CITIES FILM FEST

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

ST LOUIS PARK, MN

Total Revenue
$728,034
Total Expenses
$717,359
Total Assets
$89,672
Net Assets
$-9,398
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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
MN
Principal Officer
JATIN SETIA
Phone
6513347519
Tax Period
2024-04-01 to 2025-03-31

TWIN CITIES FILM FEST, founded in 2008, is a small nonprofit in the Arts, Culture & Humanities sector that reported $728K in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum.

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.

Program Service Accomplishments

Program 1
Expenses: $455,945

THE MISSION OF THE TWIN CITIES FILM FEST IS TO SHOWCASE EXCEPTIONAL INDEPENDENT FILMS AND INDEPENDENT ARTISTS. WE PROMOTE INDUSTRY TALENT, PROVIDE EDUCATIONAL, NETWORKING AND DISTRIBUTION...

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THE MISSION OF THE TWIN CITIES FILM FEST IS TO SHOWCASE EXCEPTIONAL INDEPENDENT FILMS AND INDEPENDENT ARTISTS. WE PROMOTE INDUSTRY TALENT, PROVIDE EDUCATIONAL, NETWORKING AND DISTRIBUTION OPPORTUNITIES THAT CAN EXPAND CAREERS AND SUPPORT THOUGHT PROVOKING CONTENT. OUR PROGRAM SHOWCASES AND PREMIERES WELL OVER 120 FILMS EACH YEAR WITH OVER 80 FILMMAKERS FROM AROUND THE COUNTRY VISITING OR PARTICIPATING WITH THEIR FILMS. THE FILMMAKERS PART-TAKE IN A DISCUSSION WITH THE AUDIENCES AFTER THEIR SCREENINGS AS WELL AS INVITED TO SPEAK IN AN INDUSTRY PANEL DISCUSSION THAT IS COMPLIMENTARY FOR THE COMMUNITY TO ATTEND.

Program 2
Expenses: $94,989

WITH YEAR ROUND PROGRAMMING AND SPECIAL EVENTS THROUGHOUT THE YEAR, TCFF IS THE PERFECT PLATFORM FOR INDEPENDENT FILMMAKERS. OUR MONTHLY INSIDER SERIES SHOWCASES INDEPENDENT FILMS FROM ACROSS THE...

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WITH YEAR ROUND PROGRAMMING AND SPECIAL EVENTS THROUGHOUT THE YEAR, TCFF IS THE PERFECT PLATFORM FOR INDEPENDENT FILMMAKERS. OUR MONTHLY INSIDER SERIES SHOWCASES INDEPENDENT FILMS FROM ACROSS THE REGION AS WELL AS MINNESOTA, WHILE SPOTLIGHTING PHENOMENAL INDEPENDENT ARTISTS. OUR GOAL IS TO GIVE A NATIONAL VOICE TO LOCAL ARTISTS THROUGH THESE INITIATIVES. WITH GRANT SUPPORT FROM THE MINNESOTA STATE ARTS BOARD AND FINANCIAL SUPPORT FROM PRIVATE DONORS AND SPONSORS, WEVE BEEN ABLE TO EXPAND PROGRAMMING THROUGHOUT THE YEAR.

Program 3
Expenses: $82,323

EACH YEAR, TCFF PICKS A SPECIFIC CAUSE DURING OUR CHANGEMAKER INITIATIVE. FROM EDUCATION, POVERTY, HUNGER PREVENTION, BULLYING AND SEX TRAFFICKING, HOMELESS YOUTH AND VETERAN SUPPORT, TCFF HAS BEEN...

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EACH YEAR, TCFF PICKS A SPECIFIC CAUSE DURING OUR CHANGEMAKER INITIATIVE. FROM EDUCATION, POVERTY, HUNGER PREVENTION, BULLYING AND SEX TRAFFICKING, HOMELESS YOUTH AND VETERAN SUPPORT, TCFF HAS BEEN ON THE FOREFRONT OF HIGHLIGHTING SOCIAL CAUSES VIA SPECIALTY PROGRAMMING. SHOWCASING DOCUMENTARIES ON THE SELECTED CAUSE, HOLDING PANEL DISCUSSIONS AS WELL AS GIVING THE ANNUAL CHANGEMAKER AWARD TO A DESERVING COMMUNITY LEADER, TCFF IS TRULY GIVING BACK TO THE COMMUNITY AND PUTTING THE FOCUS ON GREAT WORK BEING DONE LOCALLY IN THE CAUSE SPACE.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $554,632
Program Service Revenue $172,813
Investment Income $4
Other Revenue $585
TOTAL REVENUE $728,034

Expense Breakdown

Grants Paid $0
Salaries & Benefits $281,277
Fundraising Expenses $40,000
Program Expenses $633,257
Other Expenses $436,082
TOTAL EXPENSES $717,359

Year-over-Year Comparison

2024 2023 Change
Revenue $728,034 $531,344 +0.4%
Expenses $717,359 $578,831 +0.2%
Net Income $10,675 $-47,487 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
13
Employees
4
Volunteers
80

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
$114,500
Total Directors
13
$0
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
$108,000 $6,500 $114,500
DANIELLE PALMER BOARD MEMBER 1.00
Director
$0 $0 $0
KATHY ROSEBERRY BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE STOUP BOARD MEMBER 1.00
Director
$0 $0 $0
WARIS SYED BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT BRITTAIN BOARD MEMBER 1.00
Director
$0 $0 $0
JAY DUNPHY BOARD MEMBER 1.00
Director
$0 $0 $0
JENNY HANSON BOARD MEMBER 1.00
Director
$0 $0 $0
RYAN STEINBAUER BOARD MEMBER 1.00
Director
$0 $0 $0
CAMERON POTTS BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHANIE DILLON BOARD MEMBER 1.00
Director
$0 $0 $0
CHAZ SANDIFER BOARD MEMBER 1.00
Director
$0 $0 $0
DILLON WHITE BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICK HARDIE 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
2025 $728,034 $717,359 $89,672 $10,675
2024 $531,344 $578,831 $53,604 $-47,487
2023 $531,575 $567,606 $113,200 $-36,031
2022 $318,760 $367,408 $44,643 $-48,648
2022 $318,760 $325,086 $112,613 $-6,326
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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