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Marthas Vineyard Film Society Inc. Organization Name provided in the GuideStar Exchange* as of 10/29/2014: Marthas Vineyard Film Society Inc.

Organization Name as listed in the IRS Business Master File as of 10/17/2014: MARTHAS VINEYARD FILM SOCIETY INC

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.

 
Vineyard Haven, MA
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GuideStar Summary

&1002; GuideStar Exchange Committed to transparency ?
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&1002; Registered with IRS Legitimacy information is available
&1002; Financial Data Annual Revenue and Expense data reported
&1002; Forms 990 2012, 2012, and 2011 Forms 990 filed with the IRS
&1002; Mission Objectives Mission Statement is available
&1002; Impact Summary Impact Summary from the nonprofit is available
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Basic Organization Information

Marthas Vineyard Film Society Inc. Organization Name provided in the GuideStar Exchange* as of 10/29/2014: Marthas Vineyard Film Society Inc.

Organization Name as listed in the IRS Business Master File as of 10/17/2014: MARTHAS VINEYARD FILM SOCIETY INC

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
Physical Address: Vineyard Haven, MA 02568 
EIN: 61-1476858
Web URL: www.mvfilmsociety.com 
Blog URL: www.mvfilmfest.com 
NTEE Category: A Arts, Culture, and Humanities
A31 Film, Video
A Arts, Culture, and Humanities
A20 Arts, Cultural Organizations - Multipurpose
O Youth Development
Ruling Year: 2005 
How This Organization Is Funded: Donations - $349,100
Earned Income from Programs - $119,000
Membership - $30,000


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Mission Statement

Established in February 2002, the Martha's Vineyard Film Society, Inc. is a member-funded 501 (c)(3) non-profit arts organization dedicated to screening the best in independent films, movie classics, documentaries, and world cinema for diverse audiences of all ages throughout the calendar year.  Although offering an enriched film program is the primary reason we exist, the Society also presents film-related speakers, educational programs and special events to enhance this main mission and increase the public's appreciation of fine cinema in all its forms.

Legitimacy Information

This organization is registered with the IRS.

This organization is required to file an IRS Form 990 or 990-EZ.

Institutional funders should note that an organization’s inclusion on GuideStar.org does not satisfy IRS Rev. Proc. 2011-33 for identifying supporting organizations.

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Annual Revenue & Expenses

(GuideStar Exchange,
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October 2014)

Fiscal Year Starting: January 1, 2011
Fiscal Year Ending: December 31, 2011

Total Revenue $524,800
Total Expenses $160,200

Revenue & Expenses

(GuideStar Exchange,
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October 2014)

Fiscal Year Starting: January 1, 2011
Fiscal Year Ending: December 31, 2011

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Balance Sheet (IRS Form 990)

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Forms 990 Received from the IRS Additional Information
IRS Form 990 is an annual document used by approximately one-third of all public charities to report information about their finances and operations to the federal government. GuideStar uses data from Form 990 to populate its database with financial information about nonprofit organizations. Posting Form 990 images on the GuideStar website is an ongoing process.

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Forms 990 Provided by the Nonprofit

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Financial Statements

Audited Financial Statement is not available for this organization.

Annual Reports

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Leadership

(GuideStar Exchange,
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October 2014)

Mr. Richard Paradise

Term:

Since Feb 2002

Profile:

Established Martha's Vineyard Film Society and its annual International Film Festival in 2006.   Mr. Paradise has over 20 years of private sector business experience, mostly working in the media/marketing field. He has led the Film Society from the beginning as

Leadership Statement:

The Martha's Vineyard Film Society has full tax exemption as a nonprofit 501(c)(3) organization with the IRS and State of Massachusetts. We are uniquely entirely run by volunteers year-round.   Your donation or membership fees are fully tax exempt. So please consider giving to support our year around programming. Membership fund raising activities are being planned to ensure the continued and expanded operation of the Society's programs.

Board Chair (GuideStar Exchange,
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October 2014)

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Board Co-Chair

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Board of Directors (GuideStar Exchange,
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October 2014)

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Board Leadership Practices (GuideStar Exchange,
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October 2014)
?

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices.

Board Orientation & Education ?
Why does this matter? Without clarity around their responsibilities and expectations, board members are not positioned to succeed. They may find themselves challenged to fulfill their governance responsibilities or frustrated by the expectations that the organization has set for them. BoardSource recommends that every new board member participate in a formal orientation process, and that all board members sign a pledge or agreement committing to their board service and to all of the responsibilities and expectations that come with service. Ideally, board members also should participate in a formal governance training program prior to serving on a board.

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?
Response Not Provided
CEO Oversight ?
Why does this matter? Oversight and management of the chief executive is one of the board’s most important legal responsibilities. The CEO or executive director is the board's single employee, and - just like any other employer/employee relationship - regular and written assessment is critical to ensuring that the chief executive and board are communicating openly about goals and performance. BoardSource recommends that boards conduct formal, written reviews of their chief executives on an annual basis, which should include an in-person discussion with the chief executive and distribution of the written evaluation to the full board.

Has the board conducted a formal, written assessment of the chief executive within the past year?
Response Not Provided
Ethics & Transparency ?
Why does this matter? A commitment to handling conflicts of interests is essential to creating an organizational culture of transparency. Boards should create and follow a policy for identifying and handling conflicts of interest, whether real or perceived. BoardSource recommends that organizations review the conflict-of-interest statement and require signed disclosures from all board members and senior staff on an annual basis.

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements within the past year?
Response Not Provided
Board Composition ?
Why does this matter? The best boards are composed of individuals who bring a variety of skills, perspectives, backgrounds, and resources to tackle the complex and strategic challenges confronting their organizations. BoardSource recommends that boards commit to diversity and inclusion by establishing written policies and practices, which include strategic and intentional recruitment of diverse board members, continual commitment to inclusivity, and equal access to board leadership opportunities.

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?
Response Not Provided
Board Performance ?
Why does this matter? Boards need to regularly assess their own performance. Doing so ensures that they are being intentional about how they govern their organization, which is a critical component of effective board leadership. BoardSource recommends that a board conduct a self-assessment of its performance a minimum of once every three years to ensure that it is staying on track with its roles and responsibilities.

Has the board conducted a formal, written self-assessment of its performance within the past three years?
Response Not Provided

Officers for Fiscal Year (IRS Form 990)

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Highest Paid Employees & Their Compensation (IRS Form 990)

Highest Paid Employee data is not available for this organization.

People information was last updated by the nonprofit in October 2014

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Programs

Program: Martha's Vineyard Film Center (GuideStar Exchange,
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October 2014)

Budget:
$35,000
Category:
None
Population Served:
Adults
Aging/Elderly/Senior Citizens
Children and Youth (infants - 19 years.)

Program Description:

The Martha's Vineyard Film Society is a non-profit arts organization dedicated to screening the best in independent films, classics, documentaries, and world cinema. It also produces the annual MV International Film Festival in September. In 2012 we also proudly completed the construction of the Martha’s Vineyard Film Center, which houses the Marilyn Meyerhoff Theatre, a state of the art digital cinema and stage with 180 stadium configured seats.

Program Long-Term Success:

In 2012, the society presented over 100 films, to over 20,500 patrons at various screening venues around the island. In 2006, the Film Society established the Martha's Vineyard International Film Festival, a 4 days/nights festival of world film and events. More than 3500 people attended 2012 festival, bringing together film lovers, artists, writers, and those who make movies. This has become a much anticipated Island event each September (click here for more details).

Program Short-Term Success:

Program Success Monitored by:

Program Success Examples:

Program: MV International Film Festival (GuideStar Exchange,
The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
October 2014)

Budget:
$45,000
Category:
None
Population Served:
Adults
Aging/Elderly/Senior Citizens
None

Program Description:

Four days filled with the best feature and short films from top-notch festivals such as Sundance, Berlin and Cannes (with a few undiscovered gems thrown in!), great evening events, provocative forums and live world music - all within the ‘Walking Festival District’. And don’t forget – Martha’s Vineyard has some of the most beautiful beaches in America. The recurring theme of the annual Martha's Vineyard International Film Festival is "Other Places"; the festival's purpose is to encourage attendees to think broadly (about how huge the world of film is) and deeply (about the universal concerns and desires that unite all people). About 90% of all film selections are non-US productions, helping to fulfill the festival mission of promoting cross-cultural understanding through film. Our festival is completely run by volunteers and greatly appreciates your support.

Program Long-Term Success:

n 2006, the Film Society established the Martha's Vineyard International Film Festival, a 4 days/nights festival of world film and events. More than 3500 people attended 2012 festival, bringing together film lovers, artists, writers, and those who make movies. This has become a much anticipated Island event each September (click here for more details).

Program Short-Term Success:

Program Success Monitored by:

Program Success Examples:

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Impact Summary from the Nonprofit

In 20010, the society presented over 70 films, to over 12,500 patrons at various screening venues around the island.     In 2006, the Film Society established the Martha's Vineyard International Film Festival, a 4 days/nights festival of world film and events. More than 2500 people attended last year's festival, bringing together film lovers, artists, writers, and those who make movies. This has become a much anticipated Island event each September.
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The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.

Reviews

Organization Data Available

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