EIN 45-0373698

Fargo Theatre Management Corporation

IRS 501(c) type
501(c)(3)
Num. employees
33
City
Year formed
1983
Most recent tax filings
2023-05-01
NTEE code, primary
Description
Fargo Theatre Management Corporation seeks to preserve the historic integrity of the Fargo Theatre while promoting the arts and expanding its ability to meet the needs of diverse audiences, performers, and filmmakers. Maintaining a state-of-the-art facility allows for a diverse slate of film and live events that provide the community with a wide selection of arts programming. The annual Fargo Film Festival celebrates film artistry while connecting local audiences to innovative, independent cinema.
Total revenues
$553,691
2023
Total expenses
$692,782
2023
Total assets
$1,739,444
2023
Num. employees
33
2023

Program areas at Fargo Theatre Management Corporation

One of the missions of the Fargo Theatre is to meet the artists and entertainment needs of increasingly diverse audiences, performers, and filmmakers. A diverse slate of film and live events provides the community with a wide selection of arts programming. In Fiscal Year 22-23, the Fargo Theatre screened 42 new-release films, 12 classic films, and 21 specialty film festivals/series including Fargo Docs and the ND Human Rights Film Festival. The Theatre also hosted 57 live events including performances by local arts organizations and professional touring artists.The Theatre is open a minimum of six days a week, offering a variety of motion pictures and performances in a historic setting. The Theatre typically averages more than 67,000 audiences members a year. A variety of free or low-cost programming is also offered. These opportunities include the annual Martin Luther King Jr. Day Celebration and Holiday Pipes concerts (free admission) and the Kids' Flicks movie series ($3 admission). The Theatre also hosts a free monthly Film Club to build community and foster conversation. The Fargo Theatre's long-term objective is to continue to meet the artistic and entertain needs of the community as the city's population grows. Theatre programming staff and volunteer teams ensure that the slate of programming is inclusive and offers diverse artistic voices and representation.
The annual Fargo Film Festival receives films submissions from around the world to be juried by community volunteers. The goal of the festival is to celebrate film artistry while connecting local audiences to innovative, independent cinema and the artists responsible for creating it. The 2023 festival received 312 submissions from 26 countries. The juries selected 101 films to play in competition. Festival leaders programmed 6 films to play as invited selections and an additional 45 very short films played as a part of the festival's 2 Minute Movie Contest. Approximately 2,400 patrons attended throughout the festival's 5 days of screenings and events. Twenty-five film artists traveled to Fargo to attend their screenings and interact with audiences. These appearances also enabled formal educational opportunities including moderated interviews and guest academic lectures. There were also many informal opportunities for audience members and local filmmakers to socialize with visiting artists or ask them questions during Q&A sessions.The Fargo Film Festival's long-term objective is to continue providing an exhibition platform for independent filmmakers while giving local audiences educational opportunities and the change to see unique, original, and artistically relevant motion pictures.

Grants made by Fargo Theatre Management Corporation

GranteeGrant descriptionAmount
Fargo-Moorhead Area Foundation CorporationAn Endowment Component Fund for the Benefit of the Fargo Theatre. the Fargo Theatre Has Granted the Foundation Variance Power Which Gives the Foundation's Board of Trustees the Power To Use the Fund for Other Purposes in Certain Circumstances.$56,012

Who funds Fargo Theatre Management Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fargo-Moorhead Area Foundation CorporationGeneral Support$12,160
Michigan Theater Foundation (MTF)Program Support$5,286
Xcel EnergyCommunity Vitality$3,000
...and 1 more grant received

Personnel at Fargo Theatre Management Corporation

NameTitleCompensation
Emily BeckExecutive Director$62,573
Betsy DreessenFinance Manager$18,354
Tom SpeerPresident$0
Amanda BooherVice President$0
Scott StrandPresident$0
...and 2 more key personnel

Financials for Fargo Theatre Management Corporation

RevenuesFYE 05/2023
Total grants, contributions, etc.$151,955
Program services$342,385
Investment income and dividends$6,306
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$53,045
Miscellaneous revenues$0
Total revenues$553,691

Form 990s for Fargo Theatre Management Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-052024-04-04990View PDF
2022-052023-03-27990View PDF
2021-052022-04-06990View PDF
2020-052021-04-14990View PDF
2019-052020-10-23990View PDF
...and 9 more Form 990s
Data update history
May 20, 2024
Updated personnel
Identified 6 new personnel
October 21, 2023
Received grants
Identified 3 new grant, including a grant for $12,160 from Fargo-Moorhead Area Foundation Corporation
June 15, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 11, 2023
Received grants
Identified 1 new grant, including a grant for $2,500 from Xcel Energy
Nonprofit Types
Arts, culture, and humanities nonprofitsMedia and communications organizationsCharities
Issues
Arts, cultural, and humanities
Characteristics
LobbyingState / local levelReceives government fundingCommunity engagement / volunteeringTax deductible donations
General information
Address
314 Broadway
Fargo, ND 58102
Metro area
Fargo, ND-MN
County
Cass County, ND
Website URL
fargotheatre.org/ 
Phone
(701) 239-8385
IRS details
EIN
45-0373698
Fiscal year end
May
Taxreturn type
Form 990
Year formed
1983
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A31: Film, Video
NAICS code, primary
7113: Promoters of Performing Arts, Sports, and Similar Events
Parent/child status
Independent
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