Civic Intelligence

Sundance Institute

EIN 87-0361394 • 501(c)3 • Park City, UT

Profile

Sundance institute is a nonprofit organization dedicated to the discovery and development of independent artists and audiences. Through its programs, the institute seeks to - continued in general footnote 1

PO Box 684429Park City, UT 84068

www.sundance.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

31st percentile

0.09x

Higher debt load relative to assets than 31% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

30th percentile

0.16x

Higher debt load relative to revenue than 30% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

14th percentile

-12%

Higher net margin than 14% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

74th percentile

$579,198

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

18th percentile

-2.6%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

18th percentile

-6.6%

Faster revenue growth than 18% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Down

$73,427,883

Down $1,941,736 (-2.6%) from 2023

Liabilities

Down

$6,710,146

Down $636,702 (-8.7%) from 2023

Net Assets

Down

$66,717,737

Down $1,305,034 (-1.9%) from 2023

Revenue

Down

$42,055,195

Down $2,950,810 (-6.6%) from 2023

Expenses

Down

$47,220,707

Down $2,031,101 (-4.1%) from 2023

Net Income

Down

-$5,165,512

Down $919,709 (-22%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80M$60M$40M$20M$0Assets 2010: $32,569,036Liabilities 2010: $2,611,171Net Assets 2010: $29,957,8652010Assets 2011: $37,570,288Liabilities 2011: $2,851,014Net Assets 2011: $34,719,2742011Assets 2012: $37,587,431Liabilities 2012: $3,440,021Net Assets 2012: $34,147,4102012Assets 2013: $36,057,497Liabilities 2013: $3,928,475Net Assets 2013: $32,129,0222013Assets 2014: $42,073,377Liabilities 2014: $4,884,099Net Assets 2014: $37,189,2782014Assets 2015: $48,093,919Liabilities 2015: $4,654,348Net Assets 2015: $43,439,5712015Assets 2016: $47,410,428Liabilities 2016: $5,886,705Net Assets 2016: $41,523,7232016Assets 2017: $48,351,737Liabilities 2017: $6,333,213Net Assets 2017: $42,018,5242017Assets 2018: $55,384,510Liabilities 2018: $5,778,853Net Assets 2018: $49,605,6572018Assets 2019: $63,897,347Liabilities 2019: $5,733,908Net Assets 2019: $58,163,4392019Assets 2020: $73,622,274Liabilities 2020: $8,146,268Net Assets 2020: $65,476,0062020Assets 2021: $74,490,160Liabilities 2021: $9,586,399Net Assets 2021: $64,903,7612021Assets 2022: $79,065,331Liabilities 2022: $7,173,334Net Assets 2022: $71,891,9972022Assets 2023: $75,369,619Liabilities 2023: $7,346,848Net Assets 2023: $68,022,7712023Assets 2024: $73,427,883Liabilities 2024: $6,710,146Net Assets 2024: $66,717,7372024

Highlighted filing

2024

Assets$73,427,883
Liabilities$6,710,146
Net Assets$66,717,737

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0-$20MExpenses 2010: $20,837,2172010Expenses 2011: $24,365,5202011Expenses 2012: $27,929,2272012Expenses 2013: $29,147,7462013Revenue 2014: $37,675,994Expenses 2014: $35,259,446Net Income 2014: $2,416,5482014Revenue 2015: $45,661,608Expenses 2015: $36,652,857Net Income 2015: $9,008,7512015Revenue 2016: $40,561,290Expenses 2016: $40,724,349Net Income 2016: -$163,0592016Revenue 2017: $41,458,614Expenses 2017: $42,985,822Net Income 2017: -$1,527,2082017Revenue 2018: $51,026,985Expenses 2018: $45,168,934Net Income 2018: $5,858,0512018Revenue 2019: $59,021,833Expenses 2019: $50,312,558Net Income 2019: $8,709,2752019Revenue 2020: $56,018,531Expenses 2020: $49,349,219Net Income 2020: $6,669,3122020Revenue 2021: $34,020,589Expenses 2021: $39,510,391Net Income 2021: -$5,489,8022021Revenue 2022: $58,559,738Expenses 2022: $45,150,233Net Income 2022: $13,409,5052022Revenue 2023: $45,006,005Expenses 2023: $49,251,808Net Income 2023: -$4,245,8032023Revenue 2024: $42,055,195Expenses 2024: $47,220,707Net Income 2024: -$5,165,5122024

Highlighted filing

2024

Revenue$42,055,195
Expenses$47,220,707
Net Income-$5,165,512

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$73.4$6.71$66.7$42.1$47.2$5.17
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$75.4$7.35$68.0$45.0$49.3$4.25
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$79.1$7.17$71.9$58.6$45.2$13.4
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$74.5$9.59$64.9$34.0$39.5$5.49
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$73.6$8.15$65.5$56.0$49.3$6.67
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$63.9$5.73$58.2$59.0$50.3$8.71
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$55.4$5.78$49.6$51.0$45.2$5.86
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.4$6.33$42.0$41.5$43.0$1.53
2016Detailed filing. Detailed filing data is available for this year.$47.4$5.89$41.5$40.6$40.7$0.16
2015Detailed filing. Detailed filing data is available for this year.$48.1$4.65$43.4$45.7$36.7$9.01
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.1$4.88$37.2$37.7$35.3$2.42
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.1$3.93$32.1$29.1
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.6$3.44$34.1$27.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.6$2.85$34.7$24.4
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.6$2.61$30.0$20.8
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jul 14, 2025
Return Version
2023v6.0
Gross Receipts
$65,548,747
Mission and Program Overview

Mission

Sundance institute is a nonprofit organization dedicated to the discovery and development of independent artists and audiences. Through its programs, the institute seeks to - continued in general footnote 1

Sundance institute is a nonprofit organization dedicated to the discovery and development of independent artists and audiences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$24,712,727$28,238,274▲ $3,525,547
Pledges and Grants Receivable$19,413,919$15,908,869▼ $3,505,050
Savings and Temporary Cash Investments$15,461,767$12,002,013▼ $3,459,754
Investments Other Securities$9,843,374$11,465,596▲ $1,622,222
Land, Buildings, and Equipment, Net$2,364,114$1,921,880▼ $442,234
Prepaid Expenses and Deferred Charges$730,152$1,020,649▲ $290,497
Accounts Receivable$31,129$882,974▲ $851,845
Inventories for Sale or Use$9,800$47,502▲ $37,702
Cash and Non-Interest-Bearing Accounts$1,500$1,000▼ $500
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related$0--
Loans From Officers Directors-$0-
Total Assets$75,369,619$73,427,883▼ $1,941,736
Other Assets Total$2,801,137$1,939,126▼ $862,011
Liabilities
Accounts Payable and Accrued Expenses$3,608,125$3,798,107▲ $189,982
Other Liabilities$2,304,802$1,510,468▼ $794,334
Deferred Revenue$1,433,921$1,401,571▼ $32,350
Total Liabilities$7,346,848$6,710,146▼ $636,702
Net Assets / Fund Balance
Net Assets With Donor Restrictions$56,740,686$57,125,247▲ $384,561
Net Assets Without Donor Restrictions$11,282,085$9,592,490▼ $1,689,595
Total Net Assets Fund Balance$68,022,771$66,717,737▼ $1,305,034
Total Liabilities and Net Assets / Fund Balance$75,369,619$73,427,883▼ $1,941,736

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,077,801$6,552,967$7,630,768
Leasehold Improvements$844,079$883,025$1,727,104
Other Securities$202,145--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$28,833,804-▲ $4,259,426$1,001,390$32,091,840
2022$23,906,123-▲ $6,178,198$1,250,517$28,833,804
2021$28,889,081-▼ $4,061,557$921,401$23,906,123
2020$24,148,158-▲ $5,642,363$901,440$28,889,081
2019$23,417,860-▲ $1,627,618$897,320$24,148,158
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joana Vicente KliotChief Executive OfficerFT$444,774$134,424$579,198
Helen WallaceManaging DirectorFT$417,931$6,257$424,188
Michelle SatterFounding Senior Director, Artist ProgramsFT$294,804$21,477$316,281
Eugene HernandezDirector, Sundance Film Festival & Public ProgrammingFT$307,583$6,435$314,018
Trista SchroederGeneral Counsel & Board SecretaryFT$243,130$31,428$274,558
Sheri GreenChief Product & Technology OfficerFT$263,440$8,079$271,519
Laura RyanChief Operating OfficerFT$260,988$1,676$262,664
Maryam SadeghyDirector, Partnerships & Co-Director, AdvancementFT$196,583$26,616$223,199
Tammie RosenChief Communications OfficerFT$201,532$10,401$211,933
Katherine BenayDirector, MarketingFT$200,000$7,170$207,170
Michelle AndersonChief Financial Officer, FormerFT$180,064$16,878$196,942
Paul LabayDirector, DigitalFT$181,720$8,980$190,700
Kimberly YutaniSenior Director of Programming, Sundance Film FestivalFT$172,612$12,151$184,763
Beth TripmacherDirector, CollabFT$169,631$5,169$174,800
Kristin FeeleyDirector, Documentary Film ProgramFT$154,285$7,901$162,186
Karen BonoDirector, Human ResourcesFT$147,164$12,884$160,048
Tabitha JacksonDirector of Sundance Film FestivalFT$150,000-$150,000
Ilyse McKimmieDeputy Director, Feature Film ProgramFT$139,970$7,187$147,157

Board Members and Trustees

NameTitle
Ebs BurnoughBoard Chair
William PlapingerTreasurer & Chair of Finance Committee
Donna GruneichTrustee & Chair of Development Committee
Jeanne Donovan FisherTrustee & Chair of Governance Committee
Robert FrankenbergTrustee, Chair of Audit Committee & Co-Chair of Tech Committee
Gigi PritzkerVice Chair
Sean BaileyVice Chair & Chair of Marketing Committee
Lulu WangArtist Trustee
Tessa ThompsonArtist Trustee
Alejandro Ramirez MaganaTrustee
Amy RedfordTrustee
Ann LewnesTrustee
Barry TyermanTrustee
Caterina FakeTrustee
Charles KingTrustee
Cindy Harrell HornTrustee
Geoff SandsTrustee
Jason BlumTrustee
Kimberle CrenshawTrustee
Kimberly StewardTrustee
Lyn Davis LearTrustee
Nadine Schiff-RosenTrustee
Nina FialkowTrustee
Pat MitchellTrustee
Patrick GaspardTrustee
Pete NicksTrustee
Philipp EngelhornTrustee
Shripriya MaheshTrustee
Uzodinma IwealaTrustee
Wonya LucasTrustee
Amanda KelsoTrustee & Acting CEO (Effective March 2024)
Robert RedfordFounder

Highest Paid Contractors

ContractorServicesLocationCompensation
Dan & Ben Production Company LLCVideo Production46 Pleasantview Street, Boston, MA 02131$894,071
Anti Agency GroupAdvertising & Promotion1627 Granville Avenue APT 5, Los Angeles, CA 90025$595,000
Anshar Labs IncSoftware Development6251 Pine Tree Drive, Long Grove, IL 60047$575,950
Havas Media Group USA LLCAdvertising & Promotion200 Hudson Street, New York, NY 10013$378,679
Eventive LLCTicketing Platform438 Tennessee Street, Memphis, TN 38103$362,720
Revenue and Support

Revenue Composition

Contributions and Grants
$26,137,201
Program Service Revenue
$14,433,772
Investment Income
$1,305,186
Other Revenue
$179,036
All Other Contributions
$22,299,228
Change in Net Assets
$-5,165,512

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table41$643,472Market value
Other Non Cash Contri Table8$248,210Market value
Securities Publicly Traded6$189,561Market value
Total Noncash Contributions55$1,081,243-

Audited Revenue Reconciliation

Revenue per Audited Statements
$41,895,295
Revenue Not Reported on Financial Statements
$159,900
Revenue Not Reported on Form 990
$6,559,501
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$48,454,796
Total Revenue per Form 990
$42,055,195
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$23,730,019
Other Expenses$20,386,188
Total Fundraising Expense$3,235,228
Grants and Similar Amounts Paid$3,104,500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$11,124,357$2,849,100$1,956,518$15,929,975
Fees for Services Other$5,224,880$1,009,920$43,266$6,278,066
Travel$4,062,872$254,804$111,180$4,428,856
Current Officers, Directors, Trustees, and Key Employees$2,587,105$684,097$469,985$3,741,187
Other Employee Benefits$1,509,754$424,573$283,184$2,217,511
Grants to Domestic Orgs$1,936,500--$1,936,500
Occupancy$1,583,267$166,099$22,987$1,772,353
Information Technology$280,585$1,254,936$40$1,535,561
Payroll Taxes$1,061,222$258,986$194,639$1,514,847
Depreciation Depletion$878,538$158,313-$1,036,851
Office Expenses$723,147$103,760$16,945$843,852
Advertising$576,093$93,743$1,442$671,278
Grants to Domestic Individuals$588,250--$588,250
Foreign Grants$579,750--$579,750
Insurance$320,279$91,422$4,156$415,857
Conferences and Meetings$340,823$7,095$31,296$379,214
Other Expenses$264,651$70,842$21,178$356,671
Pension Plan Contributions$220,791$62,337$43,371$326,499
Fees for Service Investment Mgmnt Fees-$159,900-$159,900
Fees for Services Accounting-$102,764-$102,764
Fees for Services Legal-$50,624-$50,624
Interest$44,860$182-$45,042
Fees for Services Lobbying-$40,000-$40,000
Total Functional Expenses$35,914,849$8,070,630$3,235,228$47,220,707

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$49,759,830
Total Expenses per Form 990$47,220,707
Expenses per Audited Statements$47,060,807
Expenses Not Reported on Form 990$2,699,023
Expenses Not Reported on Financial Statements$159,900
Other Expense Adjustments$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Redford CenterSan Francisco, CA-Filmmaking$200,000
Louverture Films LLCNew York, NY-Filmmaking$100,000
Nightfall Productions LLCMiami Beach, FL-Filmmaking$100,000
Sowing Hope LLCLos Angeles, CA-Filmmaking$100,000
Walker Film LLCAustin, TX-Filmmaking$100,000
Aleph Productions LLCPhiladelphia, PA-Filmmaking$50,000
Backside Film LLCDenver, CO-Filmmaking$50,000
Bimshire Project LLCMiami, FL-Filmmaking$50,000
Blacked Out Dreams LLCMiami, FL-Filmmaking$50,000
Chandi Films LLCOakland, CA-Filmmaking$50,000
Complicated Rabbits LLCLos Angeles, CA-Filmmaking$50,000
Documentalista LLCBabylon, NY-Filmmaking$50,000
Fire Frog Media LLCProvo, UT-Filmmaking$50,000
Ghost Dads LLCInglewood, CA-Filmmaking$50,000
Ibis Films LLCGrand Rapids, MI-Filmmaking$50,000
Jaripeo Documentary LLCChapel Hill, NC-Filmmaking$50,000
Mother Wit Film LLCBrooklyn, NY-Filmmaking$50,000
Paul Raval Dba Pj Raval LLCAustin, TX-Filmmaking$50,000
Seyi Adebanjo LLCNew York, NY-Filmmaking$50,000
The River Picture LLCBrooklyn, NY-Filmmaking$50,000
Vestibule Film LLCSheridan, WY-Filmmaking$50,000
Whileblackfilm LLCBrooklyn, NY-Filmmaking$50,000
No FlashlightPasadena, CA-Filmmaking$33,250
18th Avenue Alexandria IncSan Francisco, CA-Filmmaking$25,000
Basketball Heaven LLCCharlotte, NC-Filmmaking$25,000
Lady and Bird Films LLCLos Angeles, CA-Filmmaking$25,000
Take It Easy Productions LLCBrooklyn, NY-Filmmaking$25,000
Unlikeable Woman Productions LLCNew York, NY-Filmmaking$25,000
Abstract Nomadic Media FVFK LLCNew York, NY-Filmmaking$20,000
Hold Out LLCBrooklyn, NY-Filmmaking$20,000
Life Life LLCLos Angeles, CA-Filmmaking$20,000
Khoury-Yacoub Productions IncPurchase, NY-Filmmaking$16,250
Capital K Pictures LLCMilford, CT-Filmmaking$15,000
Henhouse Films LLCAlpharetta, GA-Filmmaking$15,000
The Fawz LLCLos Angeles, CA-Filmmaking$15,000
AmeriGirl LLCRochester, MI-Filmmaking$13,000
2137 FilmsVenice, CA-Filmmaking$10,000
465 Duboce AveSan Francisco, CA-Filmmaking$10,000
Homeboy Film LLCBrooklyn, NY-Filmmaking$10,000
In Proportion LLCOakland, CA-Filmmaking$10,000
Marissa Chibas PrestonLos Angeles, CA-Filmmaking$10,000
Ozhitoon LLCRidgewood, NY-Filmmaking$10,000
Railbed ProductionsGermantown, NY-Filmmaking$10,000
Rathaus Films LLCBrooklyn, NY-Filmmaking$10,000
Standing Above the Clouds LLCBerkeley, CA-Filmmaking$10,000
The Rockwell Company LLCLos Angeles, CA-Filmmaking$10,000
Vaca Frita IncLos Angeles, CA-Filmmaking$10,000
Willa ProductionsNew York, NY-Filmmaking$10,000
Young Aunties IncBrooklyn, NY-Filmmaking$10,000
Lotus Bao IncLos Angeles, CA-Filmmaking$7,500
Nettles and Dirt Roads IncLos Angeles, CA-Filmmaking$7,500
Aloha Action Studios LLCLas Vegas, NV-Filmmaking$6,500
Kaulumaika LLCKailua, HI-Filmmaking$6,500
When They Were Here LLCBillings, MT-Filmmaking$6,500
5th Child Films LLCNew Orleans, LA-Filmmaking$6,250
CityNDN IncStudio City, CA-Filmmaking$6,250

International Summary

Offices
0
Employees
0
Spending
$579,750

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (Including Iceland and Greenland)Grantmaking-00$335,000
North America (Canada & Mexico only)Grantmaking-00$117,250
South AmericaGrantmaking-00$57,500
Russia and Neighboring StatesGrantmaking-00$25,000
South AsiaGrantmaking-00$20,000
East Asia and the PacificGrantmaking-00$15,000
Sub-Saharan AfricaGrantmaking-00$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$376,182
Fundraising Gross Income$152,210
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Festival Benefit Event$1,548,057$152,210$211,594$-59,384
Event 2-$0-$0
Total Events$1,548,057$152,210$376,182$-223,972
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$0-
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$1,145,468
Contingent Liability$365,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Line 2 Family/business relationships amongst interested persons

Robert Redford - Family relationship, Amy Redford - Family relationship

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

The redford family has the power to elect two members to the board.

Form 990, Part VI, Line 11B Review of form 990 by governing body

The controller, cfo, and ceo first review the form 990 in detail. A copy of the form 990 is then given to the audit committee of the board for their review and approval prior to filing. After approval by the audit committee, the board of trustees receives a copy of the form 990 before filing.

Form 990, Part VI, Line 12C Conflict of interest policy

Conflict of interest policy and statements are taken annually and reviewed by the audit committee of the board of trustees. If any member's status changes throughout the year, that member is required to complete an updated conflict statement and submit it to the audit committee. 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, Line 15A Process to establish compensation of top management official

The executive committee of the board of trustees conducts a review of top official compensation every three years. The review includes looking at comparable organizations' data, changes in the consumer price index, and compensation studies. Compensation decisions are made by the executive committee.

Form 990, Part VI, Line 15B Process to establish compensation of other employees

The executive committee of the board of trustees conducts a review of top official compensation every three years. The review includes looking at comparable organizations' data, changes in the consumer price index, and compensation studies. Compensation decisions are made by the executive committee.

Form 990, Part VI, Line 19 Required documents available to the public

All statements and filings required to be available to the public are made available upon request.

Filing and Contact Details

Filer

Filer Name
Sundance Institute
EIN
87-0361394
Phone
4356583456
Address
PO Box 684429, Park City, UT 84068

Signing Officer

Name
Michelle Anderson
Title
Chief Financial Officer
Signed
2025-07-14
Discuss with paid preparer
Yes

Organization Details

Formed
1981
Legal Domicile
Ut
Voting Board Members
32
Independent Board Members
32
Employees
589
Volunteers
1,713

Preparer

Firm
Larson & Company
Address
11240 S River Heights Dr Ste 300, South Jordan, UT 84095-5123
Preparer
Richard Scoresby
Phone
8013131900
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1 Organization'S Mission

Sundance Institute (the "Institute") is a Utah not-for-profit corporation organized in 1981, dedicated to the discovery and development of independent artists and audiences. Through its programs, the Institute seeks to discover, support and inspire independent film and media artists from the United States and around the world, and to introduce audiences to their work. The Institute presents its annual Sundance Film Festival and offers a range of artistic development programs that provide creative, financial, and strategic support for independent fiction and nonfiction filmmakers, screenwriters, documentary film makers and independent film producers. The Institute's labs and workshops offer an environment that encourages artists to take the creative risks that often lead to innovation. Leading film professionals serve as creative advisors and support participating artists in realizing their original stories. Infused throughout the organization are the guiding values of creativity, community, freedom of expression, quality, independence, innovation, and authenticity. The Institute seeks to promote film, media arts and artists as a source of fresh, challenging ideas in society.

Form 990, Part III, Line 4A First Program Accomplishment.

Sundance Film Festival Program: The 2024 Sundance Film Festival presented 82 feature-length films representing 24 countries. The program was composed of 40 of 101 (40%) feature film directors who were first-time feature filmmakers, and 11 of the feature films and projects were supported by Sundance Institute in development through direct granting or residency labs. World premieres made up 85, or 94%, of the Festival's 90 feature films and episodic programs. These films were selected from 17,435 submissions from 153 countries or territories, including 4,410 feature-length films, 573 episodic projects, and 385 New Frontier submissions. Of the 82 feature films, 46% were directed by one or more filmmakers who identify as women; 5% were directed by one or more filmmakers who identify as nonbinary or gender-nonconforming; 45% were directed by one or more filmmakers who identify as people of color; 23% by one or more filmmakers who identify as LGBTQ+, 7% were directed by one or more filmmakers who identify as transgender; 6% identify as a person with a disability. Additionally, the Festival showcased 53 short films, 8 episodic projects, and a New Frontier interactive experience.

Form 990, Part III, Line 4D All Other Accomplishments

Advancement - Total Expenses: $2,927,857; Grants: $0; Revenue: $0 Cross Program Support for Artists - Total Expenses: $2,429,107; Grants: $595,500; Revenue: $22,590 Feature Film Program - Total Expenses: $2,158,510; Grants: $134,000; Revenue: $208,360 Collab - Total Expenses: $1,496,278; Grants: $0; Revenue: $812,646 Producers Program - Total Expenses: $1,074,498; Grants: $20,000; Revenue: $153,940 Indigenous Program - Total Expenses: $932,376; Grants: $213,000; Revenue: $25,000 Public Programming - Total Expenses: $829,967; Grants: $0; Revenue: $689,424 Episodic Program - Total Expenses: $507,682; Grants: $17,000; Revenue: $84,005 Innovation Fund Endowment - Total Expenses: $119,789; Grants: $0; Revenue: $0 Other - Total Expenses: $0; Grants: $0; Revenue: $15,347

Form 990, Part III, Line 4D Description of other program services

(Expenses $ 12,476,064 including grants of $ 979,500)(Revenue $ 2,011,312) See Schedule O.

Form 990, Part IX, Line 11G Other Fees

Independent Contractors - Total Expense: 1101122, Program Service Expense: 916401, Management and General Expenses: 177132, Fundraising Expenses: 7589; Outside Services - Total Expense: 5145786, Program Service Expense: 4282548, Management and General Expenses: 827776, Fundraising Expenses: 35462; Photography Services - Total Expense: 31158, Program Service Expense: 25931, Management and General Expenses: 5012, Fundraising Expenses: 215; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ;

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

Appreciation of Life Insurance Policies - 27215; Bad Debt Expense - -203194;

Financial Statement Notes

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

The Institute analyzed tax positions for all applicable tax jurisdictions for which the statute of limitations remained open for the years ended August 31, 2020 through August 31, 2023, and determined there were no material unrecognized benefits for the related tax jurisdictions and it is not expected there will be a material change in the 12 months following the year ended August 31, 2024.

Schedule D, Part XI, Line 2(D) Other revenues in audited financial statements not in form 990

Appreciation of Life Insurance Policies - 27215 Rental Expenses - 11808

Schedule D, Part XII, Line 2(D) Other expenses in audited financial statements not in form 990

Bad Debt Expense - 203194 Rental Expenses - 11808

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IRS990/Form990PartVIISectionAGrp/PersonNm17Kimberle Crenshaw
IRS990/Form990PartVIISectionAGrp/PersonNm18Kimberly Steward
IRS990/Form990PartVIISectionAGrp/PersonNm19Lulu Wang
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IRS990/Form990PartVIISectionAGrp/PersonNm24Patrick Gaspard
IRS990/Form990PartVIISectionAGrp/PersonNm25Pete Nicks
IRS990/Form990PartVIISectionAGrp/PersonNm26Philipp Engelhorn
IRS990/Form990PartVIISectionAGrp/PersonNm27Robert Frankenberg
IRS990/Form990PartVIISectionAGrp/PersonNm28Shripriya Mahesh
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