Tampa Hillsborough Film and Digital Media Commission Inc
Nonprofit profile at a glance
- EIN
- 472085299
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Tampa, FL, USA
- Phone
- 8132231111
- Rating confidence
- Limited
- Sector
- Professional Societies, Associations
Reported finances
- Revenue
- $658,408
- Expenses
- $715,751
- Assets
- $334,216
- Liabilities
- $84,383
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Highest reported compensation
- Santiago Corrada (Chairman): $700,815 total reported compensation
- Tyler Martinolich (Film Commissioner): $175,567 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Tampa Hillsborough Film and Digital Media Commission (Film Tampa Bay) is a not-for-profit, public-private partnership division of Visit Tampa Bay (VTB) empowered to attract, facilitate, troubleshoot, and permit filming in the Hillsborough County region as well as market the destination to production companies and film producers to generate economic impact for Hillsborough County and the City of Tampa. Since 2013 Film Tampa Bay has provided comprehensive logical support for 4000+ productions, resulting in more than $100 million dollars in direct economic spending. Film Tampa Bay is the current top Film specific marketing agency in the State of Florida and is recognized as an innovative leader amongst all film commissions in the US.
What it reported doing in 2024
In fiscal year 2025, the film commission had the following accomplishments: Met with more than 850 individuals/companies in domestically and internationally that are utilizing screen production and digital media technologies.Worked with Film Florida to maintain emerging filmmaker, distributing more than $35,000 in scholarships.(continued on Schedule O)Completed 12 industry newsletters on local companies, and produced 52 episodes of our partnership update 'The Bird Watch.'Maintained podcast "Loose Framing" finishing the year with our 54th episode.Film festivals:-attended Sunscreen Film Festival-attended Gasparilla Film Festival-attended Tribeca Film Festival-attended Cannes Film Festival-attended Sundance Film Festival-attended Sarasota Film Festival-attended Savannah Film FestivalIndustry conferences:-attended Film Florida quarterly and annual meetings-attended Marche' Du Film (France)Familiarization tours:- held fam tours for numerous projects, resulting in 12 feature films shooting in Tampa BayExecutive director reelected Film Florida vice president as well as the board president of TBCN (Tampa Bay Community Network), Tampa Bay's public access tv station.Continued community event in partnership with Tampa Theatre - hosted four community screenings free to local residents with filmmakers in attendance. Permits processed YTD: 341 (annual goal - 250)Room nights YTD: 6735 (annual goal - 2500)Local expenditures YTD: $13,658,300 (annual goal - $8,500,000)Local hires: 2338 (annual goal - 1500)
Operating model
- Revenue model
- Grant-funded. 87% of the money available for current operations came from government grants.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 95
- Accountability: 80
- Sustainability: 19
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 6 of 6 controls in place; rating input score 100
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 75%; rating input score 75; 16th percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -8.7%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 0.47; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: 0.25; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 34%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 5.3% per year; rating input score 100; 45th percentile among comparable filings
- Asset growth: 12.1% per year; rating input score 100; 65th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 6 of 8 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $701K · 8 people listed · 6 of 6 pay-setting controls reported
- Consistency: 13 of 13 current checks pass
- Schedules: 6 filed schedules · includes major donors, grants, and executive pay
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 4 filed related-organization links
- 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: Operating margin scored 18/100.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Officer compensation ratio scored 5/100.
- High — Sustainability: Liabilities to assets ratio scored 28/100.