It just means that anything above the cost of expenses has to be put
back into the non-profit. While the non-profit model can work for
some filmmakers, it is not a necessity. You do need non-profit
status for most grants, but you can do this through a fiscal sponsor.
And I am guessing that Mr. Goodman's comment relates to the fact that
very few doc films turn a profit anyway.
time for a 501c3 and the costs are major.
seem a bit juvenille. I am creating a documentary for National
History Day, a nation-wide contests where students in grades 6-12
research a specific topic that relates to the annual theme and present
it. I'm not the best with technology, so here is my question for you:
What editing software should I use? I have both a PC and a mac at my
house, so I can use all different types of software. Do you think that
final cut express will be sufficient for this project? That's what I
was planning on using, since final cut pro is a completely out of my
sufficient. In the case of most software, you can also probably get
an educational discount. You may also want to ask some of the
students - I'd be willing to bet some of them have some sort of low-
cost editing software on their home computers and are already pretty
adept at using it. The key thing you want is something that you can
edit nonlinear and can output to whatever media you to have to
present for the contest (I'm guessing a DVD).
Suppose I were extremely lucky and got a television deal overseas or even through PBS. What happens to that money? Do I pay a percentage of "earnings" to my non-profit sponsor? Or, the more likely scenario... I sell the DVD's myself through my website and so forth. What happens to that money? What are my obligations? Does the fiscal sponsorship "end" once the project is finished? Thanks for any help, guys!
come in to your project through them - ie. grants they apply for in
your name (such as NYSCA in New York State) or contributions that are
filtered through them for tax purposes. a fiscal sponsor gets not one
bloody cent of any other monies you raise apart from them or any
revenue you generate, unless you have a specific (much more atypical)
deal where they are helping you to raise money and take a percentage
of revenue in return. and, yes, your obligation to them ends when the
project is finished.
the classifieds topic, not the mentoring room.
modest percentage (4.5%) and has been great to work with (though I've
raised exactly $0.00 thus far). They certainly didn't ask for further
money, I was just wondering before I talk to some potential donors. I
know this is pie-in-the-sky thinking, but it's something I'd like to
know anyway. Let's say I find an individual donor who believes in my
project and decides to DONATE $25,000 (that's not even the
pie-in-the-sky part.) Then, all the stars align, something big
happens in the news regarding my subject and, voila, i've got a hot
property on my hands and make six-figures in revenue from DVD sales
(profoundly, profoundly unlikely, I know.) Now, won't that donor
think "damn, I donated to this guy who's now making real money from my
Basically, I am just getting a feel for how to answer potential
answers from individual funders should they arise (not grant lenders,
individuals). I have a potential meeting with a business person and I
worry his questions could be of that ilk. It seems odd to ask someone
for a donation and then rattle on about my big distribution plans that
I hope generate some kind of revenue.
(Perhaps I should focus my energy on more likely scenarios than what
to do if I strike it rich making police brutality films, huh...)
Sorry to be overly long-winded.
contribution to help out a cause, and gets a tax break in the process.
an investor expects, or at least hopes for, a healthy return on their
leaving a confusing impression. In short, I have a friend who will be
introducing me to a potential donor (not investor but donor) and my
friend (who has a background in for-profit video production and no
background in documentaries, non-profits, or philanthropy) was
bringing up all of these issues such as "how can this be a non-profit
endeavor if you'll be selling the DVD's 'for profit' once the film is
completed?" When you take a step back, that's a legitimate question.
Few other endeavors function this way (to my knowledge anyway). Most
endeavors are either non-profit or they aren't, end of story.
Thanks again, Doug. I promise I'm not as dense as things may seem...
I should simply quit while i'm ahead, here. I got an unequivocal
answer to my original question, after all, and I'm doing my best to
non-profit fiscal sponsor for certain kinds of fundraising. you can
easily mix private investment, grants, presales and donations, it's
done all the time.
entertainment lawyer. you can contact volunteer lawyers for the arts
if you don't have the dough.
I'm new here and I got the most basic question of all i guess. I am
working on a short documentary. It's about Francois Macandal, a
runaway slave in the 1700's who organized the first major revolt
against the slave owning class in Haiti. The project is not going to
cost more than $5000 dollars(if my budget hits the spot). So that
basic question is where do I look for frunding for such project,
whom can I approach? (I was warned that for rookie filmmakers like
myself with no experience, applying for grants is out).
Thanks to all.
your case if you could get a more experienced filmmaker on board as a
co-producer or at least as an advisor. $5,000 does seem a bit low
for a budget though.
In terms of looking for funding, start by looking at other films with
similar topics to see where they got their funding. Then start to
research those funders. You don't say where you are based. If you
are in the United States, you might find these suggestions helpful:
Got another question. I followed Erica's advice and made me a little
list of producers who has made films like the one I'm looking to
make. Now my question is how do I approach these producers? Because
there was a time when I used to send e-mails to producers who never
heard of me from a scratch on the wall and they never answered.
website, if you have one. if they don't reply within a few days, then
a phone call is fine. another possibility is a card. no one gets
mail these days, so it might well stand out.
guesses what the middle b stands for.
name D-Block, Doug.