2024-04-03T12:39:34-05:00 2023-09-30 651083521 Holyfield & Thomas LLC 125 Butler Street West Palm Beach FL 33407 990 2022-10-01 650692923 Palm Beach County Film & Television Commission Inc PALM 5612331000 2195 Southern Blvd Ste 520 West Palm Bch FL 33406 Michelle Hillery Film Commissioner 5612331000 2024-03-29 1 Michelle Hillery 999009999 0 Scott Y Haynes CPA P01366363 5616896000 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Michelle Hillery 2195 Southern Blvd Ste 520 West Palm Bch FL 33406 1679831 0 X www.pbfilm.com X 1989 FL The Palm Beach County Film and Television Commission's mission is to (continues on Schedule O) generate a positive impact on business tourism and the economy in Palm Beach County through the growth of the film, television, digital media and still photography industry by attracting on-location production, educating our local workforce and providing superior services to both the visiting and indigenous production community. 16 16 13 12 0 0 365000 719990 1207780 959841 0 0 0 0 1572780 1679831 20000 20500 0 0 755399 610526 0 0 0 790871 1054334 1566270 1685360 6510 -5529 402953 564422 379058 546056 23895 18366 X The Palm Beach County Film and Television Commission's mission is to generate a positive impact on business tourism and the economy in Palm Beach County through the growth of the film, television, digital media and still photography industry by attracting (continues on Schedule O) on-location production, educating our local workforce and providing superior services to both the visiting and indigenous production community. 0 0 1369968 20500 959841 The Organization is the sole source provider on contract with the Palm Beach County Board of County Commissioners to provide administrative and marketing services and provide financial sponsorship for various tourist related marketing efforts. The Organization promotes the County as a destination for production and issues permits for more than 50 municipalities and taxing districts. Expanded functions include the oversight of The Palm Beaches TV broadcast channel, branded tourism related programming, advertising, public relations and producing Florida's largest statewide film competition and awards show, The Palm Beaches Student Showcase of Films via a contract with the Department of Housing and Economic Development. 1369968 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 13 1 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X Michelle Hillery 5612331000 2195 Southern Blvd Suite 520 West Palm Beach FL 33406 Carol Roberts Executive Member - Chair 5.00 X X 0 0 0 Robert Sanders Executive Member - Vice Chair 5.00 X X 0 0 0 James L Bearden Executive Member - Secretary 5.00 X X 0 0 0 Douglas Rill Executive Member - Treasurer 5.00 X X 0 0 0 Kenneth Spillias Executive Member - Past Chairman 5.00 X X 0 0 0 John E Oxendine Executive Member - Alternate 5.00 X X 0 0 0 Alexandra Flugel Voting Member 2.00 X 0 0 0 Michael Gauger Voting Member 2.00 X 0 0 0 Jacqueline Renee Journey Voting Member 2.00 X 0 0 0 Kenneth Kennerly Voting Member 2.00 X 0 0 0 Suzanne Niedland Voting Member 2.00 X 0 0 0 Paul Noble Voting Member 2.00 X 0 0 0 Monte Young Voting Member 2.00 X 0 0 0 Glenn Jergensen Voting Member 2.00 X 0 0 0 Bill Metzger Voting Member 2.00 X 0 0 0 Denise-Marie Nieman Voting Member 2.00 X 0 0 0 Emmanuel Perry Non Voting Member 2.00 X 0 0 0 Roger Amidon Non Voting Member 2.00 X 0 0 0 Michelle L Hillery Film Commissioner 40.00 X 116744 0 28771 Charles V Elderd Consultant/former Film Commissioner 40.00 X 130342 0 25243 247086 0 54014 2 1 1 0 0 719990 719990 County Contract Fees 900099 948285 948285 Membership 900099 8979 8979 Sponsorships 900099 2500 2500 County Non-Contract Fe 900099 77 77 959841 1679831 959841 0 0 20500 20500 181760 108250 73510 332687 197617 135070 17826 10730 7096 41495 24978 16517 36758 22127 14631 17588 17588 160724 160724 47512 47512 36357 10761 25596 648 389 259 7792 7792 Development & Sponsorsh 679990 679990 Production Crews 47241 47241 Other Expenses 26410 14884 11526 Network Expenses 11614 5807 5807 18458 18458 1685360 1369968 315392 0 300 300 197522 328140 197180 227502 7951 8480 402953 564422 79058 46056 300000 500000 379058 546056 X 23895 18366 23895 18366 402953 564422 -5529 0 X X 0 1 X 1 0 0 Contract Advance 500000 500000 X 1894802 214971 214971 1679831 0 1679831 1900331 214971 214971 1685360 0 1685360 Part X, Line 2: The FTC is exempt from federal and state income taxes pursuant to Internal Revenue Code Section 501(c)(6) and Chapter 220.13 of the Florida Statues. Therefore, the financial statements do not reflect a provision for income taxes. The FTC follows the guidance of FASB ASC 740-10, Accounting for Uncertainty in Income Taxes, which seeks to reduce the diversity in practice associated with certain aspects of measurement and recognition in accounting for income taxes. This standard prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position that an entity takes or expects to take in a tax return. An entity may only recognize or continue to recognize tax positions that meet a "more likely than not" threshold. The FTC assesses its income tax positions based on management's evaluation of the facts, circumstances, and information available at the reporting date. Management does not believe that the FTC has any significant uncertain tax positions that would be material to the financial statements. Furthermore, there is no federal or state open-year tax return under audit. 1 Student Showcase of Films Scholarships 15 20500 X 0 0 0 Charles V Elderd Consultant/former Film Commissioner 130342 0 0 0 0 0 11145 0 14098 0 155585 0 0 0 Form 990, Part VI, Section B, line 11b A copy of Form 990 is provided to all board members before it is filed. Form 990, Part VI, Section B, line 12c The conflict of interest policy is reviewed and signed annually by each member of the board. Form 990, Part VI, Section B, line 15 Officer and key employee compensation is approved by the board of directors. Form 990, Part VI, Section C, line 19 The Organization makes its Form 1023, conflict of interest policy, and financial statements available to the public upon request. 990 Page 12 line 2c. The Audit Report is reviewed annually at the Audit Report review meeting as presented by the independent auditor. The process has not changed from prior years.