Civic Intelligence

Durango Film Institute

990 • Fiscal year 2016 • EIN 20-3395808

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 15, 2016

PO Box 1587Durango, CO 81301-1587

(970) 729-1619

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

46th percentile

1.6%

Higher net margin than 46% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

91st percentile

$45,000

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 20.7% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

67th percentile

14%

Faster asset growth than 67% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

38th percentile

-6.9%

Faster revenue growth than 38% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Flat

$26,485

Flat from 2016

Net Assets

Flat

$26,485

Flat from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Flat

$217,617

Flat from 2016

Expenses

Flat

$214,049

Flat from 2016

Net Income

Flat

$3,568

Flat from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60K$40K$20K$0Assets 2011: $25,313Liabilities 2011: $1,657Net Assets 2011: $23,6562011Assets 2012: $10,204Liabilities 2012: $1,657Net Assets 2012: $8,5472012Assets 2013: $12,311Liabilities 2013: $0Net Assets 2013: $12,3112013Assets 2014: $13,169Liabilities 2014: $0Net Assets 2014: $13,1692014Assets 2015: $23,228Liabilities 2015: $0Net Assets 2015: $23,2282015Assets 2016: $26,485Liabilities 2016: $0Net Assets 2016: $26,4852016Assets 2016: $26,485Liabilities 2016: $0Net Assets 2016: $26,4852016Assets 2017: $27,984Liabilities 2017: $0Net Assets 2017: $27,9842017Assets 2018: $41,875Liabilities 2018: $8,500Net Assets 2018: $33,3752018Assets 2019: $45,085Liabilities 2019: $3,254Net Assets 2019: $41,8312019Assets 2020: $39,473Liabilities 2020: $12,200Net Assets 2020: $27,2732020Assets 2021: $38,592Liabilities 2021: $11,038Net Assets 2021: $27,5542021Assets 2022: $45,861Liabilities 2022: $13,500Net Assets 2022: $32,3612022Assets 2023: $17,223Liabilities 2023: $02023Assets 2024: $21,241Liabilities 2024: $0Net Assets 2024: $21,2412024Assets 2025: $41,260Liabilities 2025: $0Net Assets 2025: $41,2602025

Highlighted filing

2016

Assets$26,485
Liabilities$0
Net Assets$26,485

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KExpenses 2011: $213,0642011Expenses 2012: $222,5232012Revenue 2013: $192,486Expenses 2013: $191,301Net Income 2013: $1,1852013Revenue 2014: $206,743Expenses 2014: $205,932Net Income 2014: $8112014Revenue 2015: $233,649Expenses 2015: $223,590Net Income 2015: $10,0592015Revenue 2016: $217,617Expenses 2016: $214,049Net Income 2016: $3,5682016Revenue 2016: $217,617Expenses 2016: $214,049Net Income 2016: $3,5682016Revenue 2017: $239,013Expenses 2017: $237,537Net Income 2017: $1,4762017Revenue 2018: $192,813Expenses 2018: $187,422Net Income 2018: $5,3912018Revenue 2019: $200,908Expenses 2019: $192,453Net Income 2019: $8,4552019Revenue 2020: $186,646Expenses 2020: $201,204Net Income 2020: -$14,5582020Revenue 2021: $95,457Expenses 2021: $95,176Net Income 2021: $2812021Revenue 2022: $129,776Expenses 2022: $124,969Net Income 2022: $4,8072022Revenue 2023: $135,645Expenses 2023: $150,783Net Income 2023: -$15,1382023Revenue 2024: $208,039Expenses 2024: $204,556Net Income 2024: $3,4832024Revenue 2025: $222,523Expenses 2025: $202,004Net Income 2025: $20,5192025

Highlighted filing

2016

Revenue$217,617
Expenses$214,049
Net Income$3,568
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$219,117
Mission and Program Overview

Mission

Durango Film brings a community together with independent filmmakers for the opportunity to experience and discuss global, innovative and diverse films. The 5-day film festival is an amazing week that builds community, fires the collective imagination, and provokes new ideas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$22,228$23,528▲ $1,300
Accounts Receivable$1,000$1,500▲ $500
Land, Buildings, and Equipment, Net-$1,250-
Total Assets$23,228$26,485▲ $3,257
Other Assets Total-$207-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$23,228$26,485▲ $3,257
Total Net Assets Fund Balance$23,228$26,485▲ $3,257
Total Liabilities and Net Assets / Fund Balance$23,228$26,485▲ $3,257

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,250$250$1,500
Other Assets Org$207--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Joanie FraughtonExecutive DirectorFT$45,000$45,000

Board Members and Trustees

NameTitle
Carla FinlayBoard President
Aimee MartinVice-President
Lisa SchubaBoard Secretary
Bill NiblickMember
David JeffersMember
Jim HarperMember
Judy AbercrombieTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$180,765
Program Service Revenue
$37,277
Investment Income
$0
Other Revenue
$-425
All Other Contributions
$128,242
Change in Net Assets
$3,568

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table34$43,326Fair Market Value (FMV)
Other Non Cash Contri Table10$37,491Fair Market Value (FMV)
Other Non Cash Contri Table14$9,150Fair Market Value (FMV)
Other Non Cash Contri Table1$7,000Fair Market Value (FMV)
Total Noncash Contributions59$96,967-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$165,606
Salaries, Compensation, and Employee Benefits$48,443
Total Fundraising Expense$5,339
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$50,476--$50,476
Other Salaries and Wages$45,000--$45,000
Fees for Services Other$7,000--$7,000
Occupancy-$6,439-$6,439
Other Expenses$6,054-$5,339$6,054
Payroll Taxes$3,443--$3,443
Fees for Services Accounting$1,103$1,737-$2,840
Insurance-$1,923-$1,923
Office Expenses-$1,728-$1,728
All Other Expenses-$1,621-$1,621
Total Functional Expenses$195,262$13,448$5,339$214,049
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The Board was provided with a copy of 990 before submitting to IRS.

Conflict of interest policy compliance Part VI line 12C

Board members are required to disclose conflicts of interest which are monitored by the Executive Committee.

Governing documents etc available to public Part VI line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Durango Film Institute
EIN
20-3395808
Address
PO Box 1587, Durango, CO 81301-1587
Doing Business As
Durango Independent Film Festi

Signing Officer

Name
Carla Finlay
Title
Board Chair
Signed
2016-11-15
Discuss with paid preparer
No

Organization Details

Principal Officer
Carla Finlay
Formed
2007
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
7
Employees
1
Volunteers
100

Preparer

Firm
SweetBooks LLC
Address
27696 Highway 145, Dolores, CO 81323
Preparer
Erin Sweet Neer CPA
Phone
9707291619
Supplemental Narrative

Additional Explanations

General explanation attachment

Durango Film has celebrated the art of film with the community for more than 11 years. During the festival 4,954 attended films, panels & workshops, and the Lindsay Wagner award presentation, an increase of 310 seats when compared to 2015 attendance figures. We screened a total of 108 films in the festival. In addition, 1,100 students and teachers attended the Reel Learning school program, totaling 6,054 attending festival programs. Filmmakers making the journey to Durango tell us how much they appreciate Durango audiences, who go out of the way to make them feel welcome. This year 63 filmmakers plus their guests were able to attend the festival, up from 49 visiting filmmakers the previous year. This resulted in having a filmmaker present for Q&A sessions for almost every film program. We showcased many first-time filmmakers from around the globe including one filmmaker making the journey from Korea to present his film.The 2016 festival continues to concentrate on ways to bring the community together in more ways than just film, industry panels and parties. This year our special guest was actress Lindsay Wagner, who was presented the first Durango Film Artist of Distinction award. Our destination marketing efforts are key in bringing out of town guests to Durango to experience the festival. Once again we partnered with Comcast Spotlight out of the ABQ-Santa Fe DM, which covers all of New Mexico and southern Colorado. Our professionally produced commercial spot aired 400+ times on cablevision stations. The 2nd Annual Craft Beer & Culinary Crawl was successful in getting pass holders out and about to discover downtown Durangos galleries, breweries and restaurants. This event is open to anyone with a festival pass so we do not track the number of participants but it appeared to be better attended then the previous year. We opened up our Meet the Filmmakers party to the general public, giving non-festival goers an opportunity to meet filmmakers and learn more about the festival. We worked with the Durango Area Tourism Office (DATO) on a prize package giveaway that was advertised in our promo spot on cablevision stations in all of New Mexico and southern Colorado. This professionally produced :30 sec commercial aired over 400 times in the month leading up to the festival. The winner of the package lives in Albuquerque and had previously attended the festival.This is what 2016 filmmakers had to say about their festival experience in Durango. I cannot overstate how wonderful a time we had in Durango. You all truly go above and beyond to make filmmakers feel amazing. From packed screenings to quirky hotels to delicious food and excellent parties, Durango had it all. Thank you. Edd Benda, Superior I am so grateful for your wonderful community, great food, welcoming audiences, [and] awesome films! The most rewarding part of this whole experience was participating in the film Q&A. Watching Lisa, the subject of the film, embraced by the audience was one of the highlights of this entire process. Thank you, Durango. I will always remember the great company and warm hospitality. Sean Bloch, Presenting Lisa

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Board was provided with a copy of 990 before submitting to IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members are required to disclose conflicts of interest which are monitored by the Executive Committee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Governing documents are made available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Durango Film has celebrated the art of film with the community for more than 11 years. During the festival 4,954 attended films, panels & workshops, and the Lindsay Wagner award presentation, an increase of 310 seats when compared to 2015 attendance figures. We screened a total of 108 films in the festival. In addition, 1,100 students and teachers attended the Reel Learning school program, totaling 6,054 attending festival programs. Filmmakers making the journey to Durango tell us how much they appreciate Durango audiences, who go out of the way to make them feel welcome. This year 63 filmmakers plus their guests were able to attend the festival, up from 49 visiting filmmakers the previous year. This resulted in having a filmmaker present for Q&A sessions for almost every film program. We showcased many first-time filmmakers from around the globe including one filmmaker making the journey from Korea to present his film.The 2016 festival continues to concentrate on ways to bring the community together in more ways than just film, industry panels and parties. This year our special guest was actress Lindsay Wagner, who was presented the first Durango Film Artist of Distinction award. Our destination marketing efforts are key in bringing out of town guests to Durango to experience the festival. Once again we partnered with Comcast Spotlight out of the ABQ-Santa Fe DM, which covers all of New Mexico and southern Colorado. Our professionally produced commercial spot aired 400+ times on cablevision stations. The 2nd Annual Craft Beer & Culinary Crawl was successful in getting pass holders out and about to discover downtown Durangos galleries, breweries and restaurants. This event is open to anyone with a festival pass so we do not track the number of participants but it appeared to be better attended then the previous year. We opened up our Meet the Filmmakers party to the general public, giving non-festival goers an opportunity to meet filmmakers and learn more about the festival. We worked with the Durango Area Tourism Office (DATO) on a prize package giveaway that was advertised in our promo spot on cablevision stations in all of New Mexico and southern Colorado. This professionally produced :30 sec commercial aired over 400 times in the month leading up to the festival. The winner of the package lives in Albuquerque and had previously attended the festival.This is what 2016 filmmakers had to say about their festival experience in Durango. I cannot overstate how wonderful a time we had in Durango. You all truly go above and beyond to make filmmakers feel amazing. From packed screenings to quirky hotels to delicious food and excellent parties, Durango had it all. Thank you. Edd Benda, Superior I am so grateful for your wonderful community, great food, welcoming audiences, [and] awesome films! The most rewarding part of this whole experience was participating in the film Q&A. Watching Lisa, the subject of the film, embraced by the audience was one of the highlights of this entire process. Thank you, Durango. I will always remember the great company and warm hospitality. Sean Bloch, Presenting Lisa
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3General explanation attachment
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Erin Sweet Neer CPA

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.00$0.41$2.23$2.02$0.21
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.00$0.21$2.08$2.05$0.03
2023Summary only. Only limited summary data is available for this year.$0.17$0.00$1.36$1.51$0.15
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.14$0.32$1.30$1.25$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$0.11$0.28$0.95$0.95$0.00
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.12$0.27$1.87$2.01$0.15
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.03$0.42$2.01$1.92$0.08
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.09$0.33$1.93$1.87$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$0.00$0.28$2.39$2.38$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$2.18$2.14$0.04
2016Summary only. Only limited summary data is available for this year.$0.26$0.00$0.26$2.18$2.14$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$2.34$2.24$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$2.07$2.06$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.00$0.12$1.92$1.91$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.02$0.09$2.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.02$0.24$2.13