IMAGINE SCIENCE FILMS CORP

EIN: 800215101 501(c)(3)

Brooklyn, NY

Total Revenue
$240,112
Total Expenses
$147,123
Total Assets
$111,000
Net Assets
$105,000
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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
NY
Phone
7185966404
Tax Period
2021-01-01 to 2021-12-31

IMAGINE SCIENCE FILMS CORP, founded in 2008, is a small nonprofit that reported $240K in total revenue in fiscal year 2021. Revenue surged 154% from the prior year, signaling strong growth momentum. The organization ran a surplus of $93K, a strong 39% operating margin.

Mission

THE MISSION IS TO BRIDGE THE GAP BETWEEN ART AND SCIENCE THROUGH FILM, THEREBY TRANSFORMING THE WAY SCIENCE IS COMMUNICATED TO THE PUBLIC AND ENCOURAGING COLLABORATION ACROSS DISCIPLINES.

Program Service Accomplishments

Program 1
Expenses: $106,875

FILM FESTIVAL:Our primary operation in 2021 was the 14th Imagine Science Film Festival, which took place from October 15 - 22, 2021. The festival encompassed 28 film programs including short and...

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FILM FESTIVAL:Our primary operation in 2021 was the 14th Imagine Science Film Festival, which took place from October 15 - 22, 2021. The festival encompassed 28 film programs including short and feature film screenings, panel discussions, performances, live presentations. This year we had over 1,000 submissions of films and from those, we selected 64 films from 28 countries. There were four components to the festival: 1. Films 2. Conversations ( Online and in-person ) 3. Symbiosis 4. Science New Wave (SNW) - This is its first year and the idea was to show films that are work-in-progress and that would fit in the open call that we did for supporting projects that are in development stages. Also to give away grants to them. This is supported by a Warner Media fund, we received. We called it the Science New Wave Development fund. For the 2021 festival, we kicked off with a screening and discussion of the filmmakers of We Are As Gods, our opening film - which happened online, as our kick-off event. Over the course of eight days, we had 21 online conversations, provocative documentaries that explored the intersection of science and society, compelling scientific fiction, mesmerizing scientific imagery, and engaging film experiments. We had 46 shorts, 6 world premieres, 1 international premiere. We had 2 in-person events: Then the SNW event at BRIC, where we had 9 different projects. These were films that were part of the festival. And the Closing Night Awards Event at New Lab. We had new awards this year, one of them being the Science New Wave award which was given to a feature that we feel was the boldest in terms of storytelling and format, in this case, went to the film called Holgut, which is a docu-fiction about the extinction. We had around 10,000 people total attending the festival combining both online and in-person.Other satellite projects filled out the year. Most of these collaborations were online because of the pandemic. We helped organize a program of films for Harvard in NYC.

Program 2
Expenses: $10,535

SCIENCE NEW WAVE:IN 2021 IMAGINE SCIENCE STARTED A NEW PROGRAM CALLED SCIENCE NEW WAVE. THE SCIENCE NEW WAVE IS A PROGRAM THAT PROVIDES SUPPORT TO SINGULAR FILM PROJECTS THAT DEMONSTRATE BOLD AND...

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SCIENCE NEW WAVE:IN 2021 IMAGINE SCIENCE STARTED A NEW PROGRAM CALLED SCIENCE NEW WAVE. THE SCIENCE NEW WAVE IS A PROGRAM THAT PROVIDES SUPPORT TO SINGULAR FILM PROJECTS THAT DEMONSTRATE BOLD AND INVENTIVE COLLABORATIONS BETWEEN SCIENTIST AND FILMMAKERS. THE GOAL OF THE PROGRAM IS TO PROVIDE GRANTS RANGING FROM $2,500 TO ,$25.000 TO SUPPORT ALL TYPES OF FILM PORJECTS AT VARIOUS STAGES INCLUDING FICTION, DOCUMENTARY, HYBRID AND MORE. IN 2021, IMAGINE SCIENCE FILMS AWARDED ONE OF THE SCIENTISTS $2,000 UNDER THIS PROGRAM.

Program 3
Expenses: $2,653

IMAGINE SCIENCE ONLINE:Throughout 2021, monthly Imagine Science-curated film programs continued to go out through a partnership with Labocine.com, a web platform for science filmmaking and art...

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IMAGINE SCIENCE ONLINE:Throughout 2021, monthly Imagine Science-curated film programs continued to go out through a partnership with Labocine.com, a web platform for science filmmaking and art, vastly extending our audience all over the world. Labocine partners for some LIVE events and also hosted the 13th and 14th Annual Festival on the platform.

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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 $239,620
Program Service Revenue $0
Investment Income $19
Other Revenue $473
TOTAL REVENUE $240,112

Expense Breakdown

Grants Paid $22,090
Salaries & Benefits $0
Fundraising Expenses $1,208
Program Expenses $120,063
Other Expenses $125,033
TOTAL EXPENSES $147,123

Year-over-Year Comparison

2021 2020 Change
Revenue $240,112 $94,571 +1.5%
Expenses $147,123 $88,507 +0.7%
Net Income $92,989 $6,064 +14.3%
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
5
Independent Members
5
Employees
N/A
Volunteers
5

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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WENDY ETTINGER President 2.50
Officer Director
$0 $0 $0
THOMAS CAMPBELL JACKSON Secretary 2.50
Officer Director
$0 $0 $0
DR STUART FIRESTEIN Board member 2.50
Director
$0 $0 $0
Pakinam Amer Board member 2.50
Director
$0 $0 $0
ALEXIS GAMBIS Executive Dir. 40.00
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 $240,112 $147,123 $111,000 $92,989
2018 $344,984 $260,551 $58,908 $84,433
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