2021-01-15T19:52:33-06:00 2020-02-29 141567343 MARVIN AND COMPANY PC 11 BRITISH AMERICAN BLVD LATHAM NY 121101405 990 2019-03-01 133118525 INDEPENDENT FEATURE PROJECT INC INDE 2124658200 55 WASHINGTON STREET NO 324 BROOKLYN NY 11201 JEFFREY SHARP EXECUTIVE DIRECTOR 2124658200 2021-01-15 1 ALAN W CLINK CPA P01256785 5187850134 2021-01-15 2019 2022-09-23 18:48:47Z X JEFFREY SHARP 55 WASHINGTON STREET NO 324 BROOKLYN NY 11201 8004521 0 X WWW.IFP.ORG X 1979 NY PROMOTION OF INDEPENDENT FILMS. 15 15 20 0 81472 -250 4612703 5055761 1454075 1388926 170 0 534356 794449 6601304 7239136 3178919 2934945 0 0 1925889 2102218 0 0 -170122 2274553 2436133 7379361 7473296 -778057 -234160 3154222 3453615 703259 1236812 2450963 2216803 X TO PROMOTE AND SUPPORT THE INDEPENDENT FILMMAKING COMMUNITY IN THE UNITED STATES THRU PROGRAMS, MENTORSHIP, RESOURCES, EXHIBITIONS, AND SERVICES FOR EMERGING FILMMAKERS WHILE ALSO HELPING TO BROADEN THE AUDIENCE FOR FILMS FROM NEW AND UNHEARD VOICES CREATED WITH AN ECONOMY OF MEANS. 0 0 6632381 2934945 1307454 PROMOTION OF INDEPENDENT FILMS THROUGH ITS FILM MARKET WEEK SEMINARS, SCREENINGS AND WORKSHOPS TO INFORM AND INSTRUCT HOW TO PRODUCE AND DISTRIBUTE FILMS. THE MADE IN NY MEDIA CENTER, A 20,000 SQUARE FOOT FACILITY, SERVES THE NYC TECH AND CREATIVE COMMUNITIES BY PROVIDING CREATORS WITH FACILITIES, NETWORK, CLASSES AND WORKSHOPS AND ACCESS TO INDUSTRY RESOURCES THAT WILL FUEL ANY STORY, PROJECT, COMPANY OR PLATFORM. 22,500 WERE SERVED IN 2019. 6632381 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 208 0 1 20 1 1 1 0 0 0 0 1 1 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X X SIEGFRIED HARRIS 2124658200 55 WASHINGTON STREET BROOKLYN NY 11201 PHILLIP ENGELHORN BOARD MEMBER 1.00 X 0 0 0 DREW WILSON BOARD MEMBER 1.00 X 0 0 0 GERRY BYRNE BOARD MEMBER 1.00 X 0 0 0 SOLEDAD O'BRIEN BOARD MEMBER 1.00 X 0 0 0 MARK D'ARCY BOARD MEMBER 1.00 X 0 0 0 KATHERINE OLIVER BOARD MEMBER 1.00 X 0 0 0 AMY EMMRICH BOARD MEMBER 1.00 X 0 0 0 KAI FALKENBERG BOARD MEMBER 1.00 X 0 0 0 DANIEL CROWN BOARD MEMBER 1.00 X 0 0 0 NANCY ABRAHAM BOARD MEMBER 1.00 X 0 0 0 SHARON SOLOMON BOARD MEMBER 1.00 X 0 0 0 JAMES JANOWITZ BOARD CHAIRMAN 4.00 X 0 0 0 ANTHONY BREGMAN BOARD CHAIRMAN 4.00 X 0 0 0 JOHN SCHMIDT BOARD TREASURER 4.00 X 0 0 0 JEFFREY SHARP EXECUTIVE DIRECTOR 40.00 X 254423 0 0 MITCHELL MICICH DEPUTY DIRECTOR 40.00 X 169177 0 0 423600 0 0 3 0 1 0 0 160659 4895102 5055761 ADVERTISING 900099 543146 461674 81472 RENTAL INCOME 900099 449373 449373 TICKET SALES AND REG. FEE 900099 304986 304986 EDUCATION CLASS 900099 63306 63306 MAGAZINE SALES 900099 28115 28115 1388926 1559834 765385 794449 794449 7239136 1307454 81472 794449 2934945 2934945 659711 384421 207574 67716 1177024 973822 63531 139671 103060 103060 162423 126764 16025 19634 88813 21181 59349 8283 79737 47555 29196 2986 634886 511972 87419 35495 134803 114923 18461 1419 9075 7308 1767 294094 230156 31969 31969 54101 52128 1128 845 EVENT PRODUCTION 519086 287085 232001 INDEPENDENT CONTRACTORS 500533 299769 173110 27654 DESIGN AND PRINTING 133306 105572 15133 12601 GRANT EXPENSE 130000 130000 -142301 431720 176375 -750396 7473296 6632381 1011037 -170122 1810296 1326861 82267 82267 145700 1151185 4259286 3479992 1003951 779294 112008 114008 3154222 3453615 570122 934277 58137 30667 75000 271868 703259 1236812 X 1624542 1630244 826421 586559 2450963 2216803 3154222 3453615 -234160 0 X X 0 1 X 1 0 X 5982828 4225553 4997986 4471396 5055761 24733524 1490893 1264128 1462085 1527916 1307454 7052476 7473721 5489681 6460071 5999312 6363215 31786000 0 0 0 31786000 592 449 -1262 170 -51 592 449 -1262 170 -51 885717 744053 868476 534356 794449 3827051 8360030 6234183 7327285 6533838 7157664 35613000 0.89250 0.89690 0.00000 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2015 AMOUNT: $ 885,717. 2016 AMOUNT: $ 744,053. 2017 AMOUNT: $ 868,476. 2018 AMOUNT: $ 534,356. 2019 AMOUNT: $ 794,449. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1651073 1132737 518336 2608213 2347255 260958 779294 LINE OF CREDIT 71525 OTHER CURRENT LIABILITIES 200343 271868 X 7930073 690937 690937 7239136 0 7239136 8164233 690937 690937 7473296 0 7473296 PART X, LINE 2: IFP IS EXEMPT FROM FEDERAL INCOME TAXES AS A NOT-FOR-PROFIT CORPORATION UNDER TAX SECTION 501(C)(3) AS DETERMINED BY THE INTERNAL REVENUE CODE AND HAS BEEN DESIGNATED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO IFP'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IFP BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE TAX STATUS OF TAX-EXEMPT ENTITIES IS AN UNCERTAIN TAX POSITION, SINCE EVENTS COULD POTENTIALLY OCCUR THAT JEOPARDIZE TAX-EXEMPT STATUS. MANAGEMENT IS NOT AWARE OF ANY EVENTS THAT COULD JEOPARDIZE TAX-EXEMPT STATUS. THEREFORE, NO LIABILITY OR PROVISION FOR UNCERTAIN TAX POSITIONS HAS BEEN REFLECTED IN THE FINANCIAL STATEMENTS. SEE SCHEDULE O FOR EXPLANATION ON FOREIGN ACTIVITIES. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART III ACCOUNTING METHOD: GOTHAM AWARDS 1559834 1559834 765385 1559834 1559834 765385 765385 794449 1 GRANTS 141 2934945 PART I, LINE 2: IFP MONITORS ITS GRANT RECIPIENTS THRU CONTRACTS AND DELIVERABLE SCHEDULES AS FOLLOWS: 1. RECIPIENT MUST SUBMIT WRITTEN REPORTS WHICH INCLUDE STATUS OF FILM, BUDGET, ITEMIZED AND DOCUMENTED EXPENSE RECEIPTS, AND PLANS FOR FUTURE INSTALLMENTS (IF APPLICABLE) 2. FUNDS TO BE USED SOLELY FOR PURPOSE STATED. 3. FUNDS MAY NOT BE USED FOR POLITICAL LOBBY ACTIVITIES. 4. IFP RESERVES THE RIGHT TO TERMINATE THE GRANT CONTRACT IF IT DETERMINES THAT THE RECIPIENT IS NOT IN COMPLIANCE WITH OR FULFILLING THE TERMS OR PURPOSE OF THE GRANT. 5. AN ACKNOWLEDGEMENT OF IFP'S SUPPORT IS REQUIRED TO APPEAR IN END CREDITS OF THE FILM, PRESS MATERIALS, AND WEBSITE. 6. UPON COMPLETION, RECIPIENT PROVIDES IFP COPIES OF MATERIALS (DVD, PROMOTIONAL MATERIALS) IN CONNECTION WITH THE GRANT. X X X 0 0 0 0 0 0 0 0 0 JEFFREY SHARP EXECUTIVE DIRECTOR 254423 0 0 0 0 0 0 0 0 0 254423 0 0 0 MITCHELL MICICH DEPUTY DIRECTOR 169177 0 0 0 0 0 0 0 0 0 169177 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE CONTROLLER AND CFO FIRST REVIEW FORM 990 AND RECOMMEND CHANGES (IF ANY). A COPY OF FORM 990 IS THEN SENT TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL BEFORE FILING. UPON APPROVAL, THE BOARD RECEIVES A FILED COPY OF FORM 990. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY AND STATEMENTS ARE TAKEN ANNUALLY AND REVIEWED BY THE EXECUTIVE COMMITTEE. IF ANY MEMBER'S STATUS CHANGES THRU THE YEAR, THAT MEMBER IS REQUIRED TO COMPLETE AN UPDATED CONFLICT OF INTEREST STATEMENT AND SUBMIT IT TO THE EXECUTIVE COMMITTEEE. IF A BOARD MEMBER HAS A CONFLICT REGARDING BUSINESS MATTERS THAT ARE BEING DISCUSSED BY THE BOARD, THE MEMBER WITH THE CONFLICT OF INTEREST IS RECUSED FROM THE MEETING DISCUSSION AND VOTE. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD CONDUCTS A REVIEW OF KEY EMPLOYEE COMPENSATION EVERY TWO YEARS. THE REVIEW INCLUDES COMPARISONS WITH SIMILAR ORGNAIZATIONS, CHANGES IN THE CONSUMER PRICE INDEX, AND COMPENSATION STUDIES. COMPENSATION DECISIONS ARE MADE BY THE EXECUTIVE COMMITTEE - EXCEPT WHEN DETERMING THE EXECUTIVE DIRECTOR'S COMPENSATION WHEN IT IS MADE BY THE FULL BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE TO OVERSEE THE FINANCIAL STATEMENT AUDIT AND THE SELECTION OF THE INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR. SCHEDULE F, PART I: THE ORGANIZATION DOES NOT HAVE ANY EMPLOYEES, OFFICES OR EXPENSES RELATED TO FOREIGN FUNDRAISING, BUT THE ORGANIZATION DID RECEIVE APPROXIMATELY $209,097 FROM NUMEROUS ORGANIZATIONS IN COUNTRIES SUCH AS CANADA, KOREA, SCOTLAND, PORTUGAL, FRANCE AND SOUTH AFRICA.