Midwest Film Inc
Nonprofit profile at a glance
- EIN
- 202712520
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024
- Location
- Chicago, IL, USA
- Phone
- 3126361060
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Film, Video
Reported finances
- Revenue
- $130,337
- Expenses
- $116,152
- Assets
- $46,543
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Will Meyers (Board president)
- Jonathan Becker (Board vice-president)
- Erica Duffy (Executive director)
People named in this filing
- Will Meyers (Board president)
- Jonathan Becker (Board vice-president)
- Mia Wicklund (Board 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
Midwest Film's primary purpose is to support and promote independent filmmakers throughout the Midwest. It does this by producing monthly screening and networking events throughout the year. The screening events take place at the Gene Siskel Film Center. The screening events are usually sold-out events entertaining over 1,500 guests and benefitting over 150 artists every year.
What it reported doing in 2024
Midwest Film produced 6 screening events for Midwest filmmakers. These sold-out events were held at the Gene Siskel Film Center. Midwest Film also put on several workshops throughout the year helping novice filmmakers in such areas as musical scoring, film lighting and ADA compliance. Midwest film finished out the year with an awards show where we honored the finest film achievements throughout the year.
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
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 17
- Transparency & Controls: 100
- Sustainability: 47
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 16.1%; rating input score 16
- Program expense ratio: 18%; rating input score 18
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: 10.9%; rating input score 60; 60th percentile among comparable filings
- Total-asset coverage ratio: 0.4; rating input score 32; 32nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 39.4%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: 20.6% per year; rating input score 100; 77th percentile among comparable filings
- Revenue growth: 30.2% per year; rating input score 100; 90th percentile among comparable filings
- Asset growth: 38% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: 16.1% of revenue deployed · 18% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $21K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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 — Financial Efficiency: Mission deployment rate scored 16/100.
- High — Financial Efficiency: Program expense ratio scored 18/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
- High — Sustainability: Officer compensation ratio scored 7/100.