QUEENS WORLD FILM INITIATIVE INC

EIN: 465631277 501(c)(3) Arts, Culture & Humanities

JACKSON HEIGHTS, NY

Total Revenue
$69,060
Total Expenses
$56,472
Total Assets
$32,717
Net Assets
$32,717
🔒

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
2014
Legal Domicile
NY
Principal Officer
KATHA CATO
Phone
7184292579
Tax Period
2024-07-01 to 2025-06-30

QUEENS WORLD FILM INITIATIVE INC, founded in 2014, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $69K in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $13K, a strong 18% operating margin.

Mission

THE ORGANIZATIONS MISSION IS TO ADVANCE PUBLIC PARTICIPATION IN FILM SCREENINGS BY UTILIZING TRADITIONAL AND ALTERNATIVE SCREEING LOCATIONS AND VENUES TO SCREEN INDEPENDENT CINEMA. THROUGH IMPLEMENTATION OF EDUCATIONAL PROGRAMS FOR SCHOOL-AGE CHILDREN,SENIOR CITIZENS, FILM MAKERS AND GENERAL PUBLIC, WE PROVIDE OPPORTUNITIES FOR INDIVIDUALS TO SHARE IDEAS AND DEVELOP ANALOGUE, DIGITAL, VISUAL AND PERFORMING ARTS PROJECTS.

Program Service Accomplishments

Program 1
Expenses: $56,472 Revenue: $69,060

FILM CENTRIC EVENTS INCLUDING SCREENINGS, PROFESSIONAL DEVELOPMENT, AND Listening Tours: Since 2021 the Queens World Film Festival has been interviewing community members about hope and resilience...

Read more

FILM CENTRIC EVENTS INCLUDING SCREENINGS, PROFESSIONAL DEVELOPMENT, AND Listening Tours: Since 2021 the Queens World Film Festival has been interviewing community members about hope and resilience Over 200 interviews have been completed and over 85 compilations have been created, all capturing the diversity of our Borough as well as the unique perspectives of those who live in The Worlds Borough: Queens NY. All of the interviews and compilations are archived at Queens Memory Project at the Queens- LIbrary so that future generations may all come to know how we were able to do more than just survive the strange times of the 2020s.

Program 2
Expenses: $0 Revenue: $0

Bootcamps: Bringing equipment into schools, youthcenters, community centers or colleges and- asking the participants to collaborate on creating a short film- whether it is a 90 second PSA or a 16...

Read more

Bootcamps: Bringing equipment into schools, youthcenters, community centers or colleges and- asking the participants to collaborate on creating a short film- whether it is a 90 second PSA or a 16 minute advocacy film about the power of arts programming- to transform the lives of those who have been impacted by the criminal justice system - is transformative. QWFI partners with multiple partners to bring this immersive, fast paced experience to their clients. Partners include Renaissance Charter School, The Fortune Society, HARTS High School, and Venture House

Program 3
Expenses: $0 Revenue: $0

Screenings and Media Centric Community Events :In the summer months, NYC is pulsing with outdoor events from parks to beaches- to closed streets to public spaces.QWFI is adept at taking advantage of...

Read more

Screenings and Media Centric Community Events :In the summer months, NYC is pulsing with outdoor events from parks to beaches- to closed streets to public spaces.QWFI is adept at taking advantage of those opportunities with the Selfi-Situation where everyone grabs a costume hat or an oversized pop and creates a very unique family memories with outrageous pics snapped on- the emerald carpet.After dark QWFI often partners with community organizations to screen films under the stars. Several times a year QWFI will provide unique professional development opportunities like The Filmmakers Breakfast, Passion in Action, Film Festival Fusion, or How to Fest. These opportunities can take place virtually or live, they can be stand alone experiences or part of festivals and celebrations with partners.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $58,652
Program Service Revenue $10,408
Investment Income $0
Other Revenue $0
TOTAL REVENUE $69,060

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $56,472
Other Expenses $56,472
TOTAL EXPENSES $56,472

Year-over-Year Comparison

2024 2023 Change
Revenue $69,060 $123,743 -0.4%
Expenses $56,472 $117,076 -0.5%
Net Income $12,588 $6,667 +0.9%
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
10
Independent Members
6
Employees
N/A
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
1
$5,680
Total Directors
6
$2,880
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Katha Cato President,Cofounder & Executive Director 50.00
Officer
$5,680 $0 $5,680
Mark Banish Treasurer 5.00
$0 $0 $0
Cordelia Persen Secretary 5.00
$0 $0 $0
Sandra Schulberg Dir,Industry events 5.00
Director
$0 $0 $0
Dora Naughton Dir,Special events 5.00
Director
$0 $0 $0
Montaigne P Massac Co-Dir,Communications 5.00
Director
$0 $0 $0
Susy Chu Board Member 5.00
Director
$0 $0 $0
Anuz Thapa Co-Dir,Communications 5.00
Director
$0 $0 $0
Don Cato Co-Founder & Artistic Director 15.00
Director
$2,880 $0 $2,880
Erick Miranda Board Member 5.00
$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 $69,060 $56,472 $32,717 $12,588
2024 $123,743 $117,076 $20,129 $6,667
2023 $123,997 $134,498 $13,997 $-10,501
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare QUEENS WORLD FILM INITIATIVE INC with other nonprofits in New York and across the country.