Film Makers Collaborative Incorporated

Tax-deductible

Amesbury, MA501(c)(3)Since 1986Arts & CultureEIN 22-2778829

To sponsor and support the independent media community through fiscal sponsorship as well as offering programming opportunities that bring people together for learning and networking.

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
Run by 15 volunteers and 3 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $58K a year · 2% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$81K
to officers and key staff · 1% of spending
Top officer’s pay lower than 81% of similar orgs
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $31K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$19K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.4M
+47% vs prior year
Spent
$5.7M
To programs
97%
Net assets
$1.7M
By yearFY2020–FY2024
Revenue
$6.4M
FY2024▲ +47%
Revenue by fiscal year
FY2020$2.4M
FY2021$2.3M
FY2022$2.6M
FY2023$4.9M
FY2024$4.4M
FY2024$6.4M
Expenses
$5.7M
FY2024▲ +26%
Expenses by fiscal year
FY2020$2.3M
FY2021$2.4M
FY2022$2.7M
FY2023$4.5M
FY2024$4.5M
FY2024$5.7M
Net assets
$1.7M
FY2024▲ +77%
Net assets by fiscal year
FY2020$791K
FY2021$712K
FY2022$706K
FY2023$1.1M
FY2024$933K
FY2024$1.7M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1987.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $5.5M Management & general 3% · $148K Fundraising 1% · $41K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

7 people listed on the 990; $81K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$81,108Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Laura Azevedo’s $81K as Executive Director is at the 19th percentile of top reported officer pay among 3924 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Laura Azevedo$81,108$76,123$68,225$64,303$64,303$60,084

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Film Makers Collaborative Incorporated executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Sponsors independent media projects, providing financial and administrative support.

Provided by the organization

This section is blank until Film Makers Collaborative Incorporated claims this page.

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2 program services account for $5.5M of program spending, described in the organization's own filed words · FY2024.
01

The collaborative is a nonprofit corporation of new england and nationally-based independent filmmakers formed to support the production of independent films and other educational initiatives that serve to increase public understanding of social, cultural, political, and environmental issues.

$5.2Mprogram expense
02

Events & Learning Opportunities

FC produces year-round programs that offer creative and professional learning opportunities for members & the community. These include business workshops for filmmakers, a series of podcasts highlighting filmmakers in our community- making media now, filmmaking courses for youth (FC academy) and a children's international film festival…

$280Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 2 funders$31K
Grants paid · 2 grants · $30K · 2023–2024
Bostons Higher GroundMA · FY2024$15,000
Bostons Higher GroundMA · FY2023$15,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$6.4M
Ln 12
Gifts and grantsLn 1h$6.3M
Fees for servicesLn 2g$130K
Investment incomeLn 3$22K
Money outPt IX
$5.7M
Ln 25
Programscol B$5.5M
Managementcol C$148K
Fundraisingcol D$41K
Owns and owesPt X
$1.7M
net assets · Ln 32
Cash and savingsLn 1–2$1.6M
Total assetsLn 16$1.7M
LiabilitiesLn 26$19K
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.3M
Government grantsLn 1e$603K
Noncash giftsLn 1g$126K
Fees for servicesLn 2g$130K
Investment incomeLn 3$22K
Total revenueLn 12$6.4M
Assets in detailPt X, end of year
CashLn 1$601K
SavingsLn 2$1.0M
Cash and savings togetherLn 1–2$1.6M
Land, buildings, equipmentLn 10c$834
Total assetsLn 16$1.7M
LiabilitiesLn 26$19K
Net assetsLn 32$1.7M
OperationsPt I, VI
EmployeesI 53
VolunteersI 615
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$963K$1.6M
Land, buildings, equipmentLn 10c$2K$834
Total assetsLn 16$981K$1.7M
LiabilitiesLn 26$47K$19K
Net assetsLn 32$933K$1.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$15K$15K
Pay of current officers, directors and key staffLn 5$83K$41K$8K$33K
Other salaries and wagesLn 7$126K$95K$32K
Other employee benefitsLn 9$13K$9K$3K$171
Payroll taxesLn 10$18K$12K$3K$3K
Accounting feesLn 11c$17K$17K
Other fees for servicesLn 11g$5.3M$5.2M$52K
Office expensesLn 13$34K$9K$25K$775
OccupancyLn 16$9K$3K$3K$3K
TravelLn 17$2K$386$2K
Conferences, conventions and meetingsLn 19$20K$20K
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$9K$5K$3K$1K
Other expenses (24a–d)Ln 24$62K$62K
Total functional expensesLn 25$5.7M$5.5M$148K$41K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $4.4M$4.5M−$171K$933K 990 PDF
FY2023 $4.9M$4.5M$399K$1.1M 990 PDF
FY2022 $2.6M$2.7M−$7K$706K 990 PDF
FY2021 $2.3M$2.4M−$79K$712K 990 PDF
FY2020 $2.4M$2.3M$146K$791K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $6,431,586 across 7 lines filed
VIII-1e Government grants$603,116
VIII-1f All other contributions, gifts and grants$5,677,126
VIII-1g Noncash contributions (included above)$126,258
VIII-1h Total contributions, gifts and grants$6,280,242
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $129,829$129,829
VIII-3 Investment incomeExcluded from tax $21,515$21,515
VIII-12 Total revenueRelated to mission $129,829 · Unrelated business $0 · Excluded from tax $21,515$6,431,586
Part IX · Statement of functional expenses $5,709,461 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $15,000$15,000
IX-5 Pay of current officers, directors and key staffPrograms $41,358 · Management $8,272 · Fundraising $33,087$82,717
IX-7 Other salaries and wagesPrograms $94,732 · Management $31,577$126,309
IX-9 Other employee benefitsPrograms $9,375 · Management $3,097 · Fundraising $171$12,643
IX-10 Payroll taxesPrograms $11,640 · Management $3,408 · Fundraising $2,830$17,878
IX-11c Accounting feesManagement $17,275$17,275
IX-11g Other fees for servicesPrograms $5,246,374 · Management $51,644$5,298,018
IX-13 Office expensesPrograms $8,781 · Management $24,645 · Fundraising $775$34,201
IX-16 OccupancyPrograms $3,113 · Management $3,113 · Fundraising $3,113$9,339
IX-17 TravelPrograms $386 · Management $1,637$2,023
IX-19 Conferences, conventions and meetingsPrograms $20,345$20,345
IX-22 Depreciation, depletion and amortizationPrograms $2,495$2,495
IX-23 InsurancePrograms $4,813 · Management $3,381 · Fundraising $1,170$9,364
IX-24 Other expenses (24a–d)Programs $61,854$61,854
IX-25 Total functional expensesPrograms $5,520,266 · Management $148,049 · Fundraising $41,146$5,709,461
Part X · Balance sheet $1,674,815 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $304,257$601,366
X-2 Savings and temporary cash investmentsStart of year $658,825$1,032,925
X-3 Pledges and grants receivable$20,267
X-4 Accounts receivableStart of year $6,233$12,612
X-9 Prepaid expenses and deferred chargesStart of year $8,869$6,461
X-10c Land, buildings and equipment, netStart of year $1,681$834
X-14 Intangible assetsStart of year $950$350
X-16 Total assetsStart of year $980,815$1,674,815
X-17 Accounts payable and accrued expensesStart of year $38,028$9,903
X-19 Deferred revenueStart of year $9,445$9,445
X-26 Total liabilitiesStart of year $47,473$19,348
X-27 Net assets without donor restrictionsStart of year $126,314$172,367
X-28 Net assets with donor restrictionsStart of year $807,028$1,483,100
X-32 Total net assets or fund balancesStart of year $933,342$1,655,467
X-33 Total liabilities and net assetsStart of year $980,815$1,674,815
Part XI · Reconciliation of net assets $1,655,467 net assets at year end
XI-1 Total revenue$6,431,586
XI-2 Total expenses$5,709,461
XI-3 Revenue less expenses$722,125
XI-4 Net assets at start of year$933,342
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,655,467

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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