SNOWTOWN FILM FESTIVAL INC

EIN: 474535385 501(c)(3)

Watertown, NY

Total Revenue
$4,952
Total Expenses
$2,190
Total Assets
$13,727
Net Assets
$13,727
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
NY
Principal Officer
Marcus Knapp
Phone
3154894480
Tax Period
2021-01-01 to 2021-06-30

SNOWTOWN FILM FESTIVAL INC, founded in 2015, is a micro nonprofit that reported $5K in total revenue in fiscal year 2021. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $3K, a strong 56% operating margin.

Mission

To provide a unique cultural festival and encourage local filmmakers by presenting feature films and short films. The event includes a red carpet reception and awards presentation

Program Service Accomplishments

Program 1
Expenses: $762 Revenue: $840

Short film competition: The festival presented 62 short films in competition for a Grand Prize. In 2021 we conducted this via an online event platform, with fees payable for ingesting digital content...

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Short film competition: The festival presented 62 short films in competition for a Grand Prize. In 2021 we conducted this via an online event platform, with fees payable for ingesting digital content onto the platform services, and paying a fee for each time the film was viewed by our audience. Revenue from passes was allocated 50% to this program service. Revenue of $50 came from submission fees paid via a video submission platform. The short films were not presented in-person due to the COVID pandemic.

Program 2
Expenses: $600 Revenue: $790

Presentation of feature films: The festival presented a feature film "If Looks Could Kill" followed by a panel discussion with the film's star Richard Grieco via online conferencing. The expenses...

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Presentation of feature films: The festival presented a feature film "If Looks Could Kill" followed by a panel discussion with the film's star Richard Grieco via online conferencing. The expenses associated with this program are the performance license fee, and digitization of the film for presentation on the online event platform. Revenue from passes was allocated 50% to this program service. The online presentation was organized, instead of in-person viewing due to the COVID pandemic.

Program 3
Expenses: $760 Revenue: $0

Opening night reception The festival hosted an Opening Night Kickoff via Facebook Live at no cost which generated no revenue. In past years the opening night would include in-person reception with...

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Opening night reception The festival hosted an Opening Night Kickoff via Facebook Live at no cost which generated no revenue. In past years the opening night would include in-person reception with live music and catered food and bar. The in-person reception was not organized due to the COVID pandemic.

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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 (2021)

Revenue Breakdown

Contributions & Grants $3,185
Program Service Revenue $1,767
Investment Income $0
Other Revenue $0
TOTAL REVENUE $4,952

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $68
Program Expenses $2,122
Other Expenses $2,190
TOTAL EXPENSES $2,190

Year-over-Year Comparison

2021 2020 Change
Revenue $4,952 $4,139 +0.2%
Expenses $2,190 $6,548 -0.7%
Net Income $2,762 $-2,409 -2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
20

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
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Stephen Hunt II Director 1
Director
$0 $0 $0
Donald Brown Director 1
Director
$0 $0 $0
Marcus Knapp President 1
Officer
$0 $0 $0
Jason Maurer Vice President 1
Officer
$0 $0 $0
Kylie Peck Secretary 1
Officer
$0 $0 $0
Terence Brennen Treasurer 2
Officer
$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
2021 $4,952 $2,190 $13,727 $2,762
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