TRIBECA FILM INSTITUTE INC Charity Report

Tax-exempt status may be revoked

TRIBECA FILM INSTITUTE INC

EIN 80-0006057

What they do

TRIBECA FILM INSTITUTE, INC. ("TFI") is OPERATED EXCLUSIVELY for CHARITABLE and EDUCATIONAL PURPOSES, WHICH INCLUDES CHAMPIONING UNDERREPRESENTED STORYTELLERS and INCREASING THEIR ACCESS, EXPOSURE, and SUSTAINABILITY IN THE ARTS.

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This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2020The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders33 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

41.83%of revenue went to mission work35.0% of expenses · Program services

1.37%of revenue went to fundraising1.1% of expenses

$119.40spent for every $100 of revenueSpending was higher than revenue this year.

76.21%of revenue went to management and office costs63.8% of expenses

$0.06in assets for every $1 spent this yearSome assets cannot be spent right away.

99.6%of its money came from giftsOther money may come from services or investments.

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Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $514,667 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $162,217 for AMY HOBBY (EXECUTIVE DIR. THRU 9/15/20). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2020

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,652,875

Mission workProgram services$1,109,66241.83% of revenue35.0% of expenses

ManagementOffice and general costs$2,021,63276.21% of revenue63.8% of expenses

FundraisingAsking for donations$36,2481.37% of revenue1.1% of expenses

Total expenses$3,167,542119.40% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2020CurrentExpense mix: 35.0% mission · 63.8% management · 1.1% fundraisingTotal expenses: 119.40% of revenue

2019Expense mix: 70.9% mission · 15.9% management · 13.2% fundraisingTotal expenses: 105.02% of revenue

2018Expense mix: 81.7% mission · 12.0% management · 6.3% fundraisingTotal expenses: 99.31% of revenue

2017Expense mix: 82.0% mission · 11.4% management · 6.5% fundraisingTotal expenses: 90.70% of revenue

Money in and money out

Revenue$2,652,875

Expenses$3,167,542

Annual shortfall $514,667 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,109,662 · 35.0% of expenses

Management and office costs$2,021,632 · 63.8% of expenses

Fundraising$36,248 · 1.1% of expenses

See all reported dollar amounts

Revenue$2,652,875

Expenses$3,167,542

Assets$183,631

Contributions$2,641,193

Mission work (program services)$1,109,662

Fundraising$36,248

Management and general$2,021,632

Accounting fees$82,440

People

Leadership and board

Tax year 2020

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

AMY HOBBYEXECUTIVE DIR. THRU 9/15/20 · 40 hrs/week $162,217Base $161,222 · Other $995

DAVID EARLSMANAGING DIRECTOR THRU 9/15/20 · 40 hrs/week $154,046

JIM LOVEGROVEFINANCE DIRECTOR THRU 9/15/20 · 40 hrs/week $107,840Base $107,815 · Other $25

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (33)

AMY HOBBYEXECUTIVE DIR. THRU 9/15/20

DAVID EARLSMANAGING DIRECTOR THRU 9/15/20

JIM LOVEGROVEFINANCE DIRECTOR THRU 9/15/20

LILY BANDSECRETARY THRU 9/15/20

TODD WAGNERDIRECTOR THRU 9/15/20

MARC MATHIEUDIRECTOR THRU 9/15/20

MARTIN EDELMANDIRECTOR THRU 9/15/20

NASIR JONESDIRECTOR THRU 9/15/20

PATTY NEWBURGERDIRECTOR THRU 9/15/20

PERRI PELTZDIRECTOR THRU 9/15/20

RANGER ROSS WILLIAMSDIRECTOR THRU 9/15/20

RAPHAEL DE NIRODIRECTOR THRU 9/15/20

ROBERT DE NIROCO-CHAIRMAN THRU 9/15/20

SAMANTHA PERELMANDIRECTOR THRU 9/15/20

SCOTT RECHLERCO-CHAIRMAN

SERENA ALTSCHULDIRECTOR THRU 9/15/20

SHEILA NEVINSDIRECTOR THRU 9/15/20

ALBERTA ARTHURSVICE CHAIRMAN THRU 9/15/20

KERIANNE FLYNNDIRECTOR THRU 9/15/20

KEEGAN-MICHAEL KEYDIRECTOR THRU 9/15/20

KATIE HOLMESDIRECTOR THRU 9/15/20

JOE MARCHESEDIRECTOR THRU 9/15/20

JENNIFER MAGUIRE ISHAMDIRECTOR THRU 9/15/20

JEFFREY WRIGHTDIRECTOR THRU 9/15/20

JARED COHENDIRECTOR THRU 9/15/20

JANE ROSENTHALCO-CHAIRMAN

GEORGE RIZKTREASURER THRU 9/15/20

FARAH PANDITHDIRECTOR THRU 9/15/20

ELLE KEYDIRECTOR THRU 9/15/20

DHARA PANDYADIRECTOR THRU 9/15/20

CRYSTAL MCCRARYDIRECTOR THRU 9/15/20

CRAIG HATKOFFDIRECTOR THRU 9/15/20

CHRISTIE MARCHESEDIRECTOR THRU 9/15/20

About this charity

Location: 375 Greenwich Street, NEW YORK, NY 10013
County: New York
In care of: JANE ROSENTHAL
Primary officer: JANE ROSENTHAL, CO-CHAIRMAN

How to reach them

WebsiteVisit the charity’s website Emailfestival@tribecafilm.comBlogPressArchiveAbout Phone(212) 941-3961

Filing and classification

Latest tax year: 2020
Tax period began: January 1, 2020
Return type: 990
Tax preparer: BDO USA LLP
Revocation date: May 15, 2024