THE FILM SOCIETY OF MINNEAPOLIS ST PAUL

EIN: 411802905 501(c)(3) Arts, Culture & Humanities

MINNEAPOLIS, MN

Total Revenue
$1,997,657
Total Expenses
$2,321,581
Total Assets
$4,245,976
Net Assets
$578,274
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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
MN
Principal Officer
SUSAN SMOLUCHOWSKI
Phone
6123317563
Tax Period
2022-07-01 to 2023-06-30

THE FILM SOCIETY OF MINNEAPOLIS ST PAUL, founded in 1995, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.0M in total revenue in fiscal year 2022. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $2.3M exceeded revenue, resulting in a 16% operating deficit.

Mission

THE MISSION OF THE FILM SOCIETY OF MINNEAPOLIS ST. PAUL IS TO FOSTER A KNOWLEDGEABLE AND VIBRANT APPRECIATION OF THE ART OF FILM AND ITS POWER TO UNITE, INFORM AND TRANSFORM INDIVIDUALS AND COMMUNITIES. OUR MISSION IS CARRIED OUT THROUGH THE ANNUAL MINNEAPOLIS ST. PAUL INTERNATIONAL FILM FESTIVAL, REGULAR SPECIAL THEMED SERIES, AND DAILY SCREENINGS OF NEW RELEASES AND CLASSICS FROM HERE AT HOME AND AROUND THE GLOBE.

Program Service Accomplishments

Program 1
Expenses: $1,806,309 Revenue: $1,560,515

THE FILM SOCIETY OF MINNEAPOLIS ST. PAUL (AKA MSP FILM), FOUNDED IN 1962, HAS LONG BEEN THE PRE-EMINENT EXHIBITOR OF CINEMA FROM ACROSS THE GLOBE IN OUR REGION. WE PRESENT NEW AND CLASSIC, LOCAL...

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THE FILM SOCIETY OF MINNEAPOLIS ST. PAUL (AKA MSP FILM), FOUNDED IN 1962, HAS LONG BEEN THE PRE-EMINENT EXHIBITOR OF CINEMA FROM ACROSS THE GLOBE IN OUR REGION. WE PRESENT NEW AND CLASSIC, LOCAL, NATIONAL AND INTERNATIONAL DOCUMENTARY AND NARRATIVE FILMS TO ANNUAL AUDIENCES OF 150,000 AND GROWING. WE SCREEN FILMS YEAR-ROUND AT THE MAIN CINEMA IN THE HISTORIC NEIGHBORHOOD OF ST. ANTHONY MAIN IN MINNEAPOLIS, OFFERING DAILY FILM FARE ON ALL FIVE SCREENS, A NUMBER OF MULTI-DAY FILM SERIES OFTEN HOSTED IN COLLABORATION WITH OUR ARTS AND SOCIAL SERVICE PARTNERS AND, EACH APRIL, DURING OUR CENTERPIECE, THE ANNUAL TWO WEEK MINNEAPOLIS ST. PAUL INTERNATIONAL FILM FESTIVAL OR MSPIFF. MSPIFF IS ONE OF THE LONGEST RUNNING FESTIVALS IN THE COUNTRY, AND AMONG THE LARGEST CULTURAL EVENTS IN OUR STATE, DRAWING SOME 30,000 TO 40,000 ATTENDEES EACH YEAR AND HOSTING MANY FILMMAKERS AND OTHER ARTISTS FROM OUR REGION AND AROUND THE GLOBE.OUR VISION IS TO BRING THE VERY BEST OF INTERNATIONAL INDEPENDENT FILMS TO OUR FIVE SCREENS AT THE MAIN CINEMA IN MINNEAPOLIS AND VARIOUS OTHER VENUES IN THE TWIN CITIES AND AROUND THE STATE OF MINNESOTA, FILMS THAT HAVE GREAT ARTISTIC AND CULTURAL VALUE, REPRESENT MANY PERSPECTIVES AND EXPERIENCES, AND ARE RARELY AVAILABLE ON OTHER REGIONAL SCREENS. OUR FILMS PLAY TO AVID, DIVERSE AND GROWING AUDIENCES. THROUGH THE POWER OF GREAT CINEMA, WE PROVIDE RICH OPPORTUNITIES FOR GATHERING AND DISCUSSION - OUR MOTTO IS 'COME FOR THE FILM, STAY FOR THE CONVERSATION' - EXPOSING OUR AUDIENCES, IN A UNIQUE WAY, TO A RARE MIX OF CULTURES, IDEAS, CURRENT AFFAIRS AND NOTABLE FILMMAKING FROM AROUND THE WORLD.

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $695,206
Program Service Revenue $1,301,834
Investment Income $617
Other Revenue $0
TOTAL REVENUE $1,997,657

Expense Breakdown

Grants Paid $0
Salaries & Benefits $709,717
Fundraising Expenses $198,988
Program Expenses $1,806,309
Other Expenses $1,611,864
TOTAL EXPENSES $2,321,581

Year-over-Year Comparison

2022 2021 Change
Revenue $1,997,657 $1,607,074 +0.2%
Expenses $2,321,581 $1,157,097 +1.0%
Net Income $-323,924 $449,977 -1.7%
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
16
Independent Members
16
Employees
34
Volunteers
40

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
8
$135,621
Total Directors
16
$135,621
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN SMOLUCHOWSKI EXECUTIVE DIRECTOR 55.00
Officer Director
$135,621 $0 $135,621
MELODIE BAHAN BOARD MEMBER 1.00
Director
$0 $0 $0
PAOLA NUNEZ OBETZ CHAIR 1.00
Officer Director
$0 $0 $0
JACOB FREY BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICIA TORRES RAY BOARD MEMBER 1.00
Director
$0 $0 $0
JIM GERLICH TREASURER 1.00
Officer Director
$0 $0 $0
CRAIG RICE BOARD MEMBER 1.00
Director
$0 $0 $0
LILI HALL BOARD MEMBER 1.00
Director
$0 $0 $0
ROB SILBERMAN SECRETARY 1.00
Officer Director
$0 $0 $0
MARIS MOORE CHAIR 1.00
Officer Director
$0 $0 $0
DAVID JOHNSON CHAIR 1.00
Officer Director
$0 $0 $0
KELLY PALMER CHAIR 1.00
Officer Director
$0 $0 $0
H RON BERG CHAIR 1.00
Officer Director
$0 $0 $0
ZACH MCMILLAN BOARD MEMBER 1.00
Director
$0 $0 $0
ABDI MOHAMED BOARD MEMBER 1.00
Director
$0 $0 $0
MARCELLO VALDES 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 No data No data No data No data
2024 No data No data No data No data
2023 $1,997,657 $2,321,581 $4,245,976 $-323,924
2022 $1,607,074 $1,157,097 $967,789 $449,977
2021 $770,520 $732,922 $484,484 $37,598
2020 $1,290,531 $1,057,466 $544,761 $233,065
2019 $1,266,437 $1,211,273 $208,812 $55,164
2018 $1,277,300 $1,269,759 $166,464 $7,541
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