Festival of Cinema Inc
Nonprofit profile at a glance
- EIN
- 813986196
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2016
- Location
- Glendale, NY, USA
- Phone
- 9292785432
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Film, Video
Reported finances
- Revenue
- $115,753
- Expenses
- $88,162
- Assets
- $69
- Liabilities
- $29,314
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Jayson Simba (Executive Director)
- Maria Valdes Ramos (President)
People named in this filing
- Jayson Simba (Executive Director)
- Maria Valdes Ramos (President)
- Anthony Laura (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our organization is an Arts & Culture Not for profit charitable organization. We have held a successful 10-day Arts & Cultural Independent film festival in Forest Hills Queens since 2017. The event screens over 100 independent films from around the world, showcasing the work of emerging filmmakers. In addition to screenings the event hosts seminars, workshops, panels and guest speakers. The competitive festival ends with an award ceremony where 17 award statuettes are distributed amongst the winning filmmakers. On average the event attracts 2100 attendees every year.
What it reported doing in 2024
The 2025 Festival of Cinema NYC screened over 110 independent films from local filmmakers and filmmakers around the world. The 10-day event took place in Forest Hills, Queens at the Regal UA Midway movie theater and additional free public programming at the Queens Library at Forest Hills. With 43 Physical events, guests included writer/director Chris Kentis, and special industry guests that included casting director Amy Gossels, and acclaimed cinematographer Dejan Georgevich A.S.C. . Over 10 workshops, seminars and presentations were offered at the library and included a fundraising workshop, a cinematography seminar, a casting workshop, and a writing seminar. The festival culminated with an Awards Dinner Ceremony where awards were given in 18 categories to the over 100 filmmakers, writers, and artists in attendance.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 100
- Sustainability: 45
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.2%; rating input score 76
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 23.8%; rating input score 78; 78th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: 424.84; rating input score 0; 0th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 11.9% per year; rating input score 100; 65th percentile among comparable filings
- Revenue growth: 17.1% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: -50.3% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: 76.2% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $88K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 0/100.