2013 WIFT-T ANNUAL REPORT
Women in Film & Television – Toronto 2013 Annual Report 1 Table of Contents
The Year in Review 3
The Year Ahead 4
Our Mission 5
Board of Directors & Staff 6
Board Profile: Jade Raymond 7
Our Members 8
Member Profile: Amy Jo Johnson 10
Our Mentorships & Scholarships 11
Mentee Profile: Sherien Barsoum 13
Our Programs 14
2013 Faculty, Mentor and Jury Directory 17
Crystal Awards Gala Luncheon 22
Reception@TIFF 26
Short Film Showcase 28
Foundation for WIFT-T 30
Audited Financial Statements 31
Our Partners 39
Women in Film & Television – Toronto 2013 Annual Report 2 The Year in Review
2013 marks the end of my three-year programs and events are designed providing members with another ics as well as member priorities and term as WIFT-T Board Chair and my with these specific cohorts and career membership option and a 25% needs. This information will be used to fifth year serving on the Board. During advancement needs in mind, mak- discount on the one-year rate; inform our plans moving forward. this time I have had the great pleasure ing WIFT-T an organization that you • Our corporate bulk discount to work alongside the Board, staff can participate in and benefit from rates were revised and actively As the results of our 2012 Frame and our members to advance WIFT- throughout your entire career. marketed in 2013 providing Work II study showed, we have a long T’s relevance and impact within the companies with the opportunity way to go to achieving WIFT-T’s vision Canadian screen-based industry. We In 2013, WIFT-T presented over to offer discounted memberships whereby 50% of all positions at all have accomplished a lot during the 330 hours of professional develop- to their employees; levels of the screen-based industry are past three years and set the ground ment programming providing more • The Banff World Media Festival filled by qualified women. I encourage work for increased growth and vitality than 535 participants with access to Scholarship was introduced each of you to make it your personal moving forward. A large part of this is industry professionals, best practice providing a member in the mission in 2014 to make a difference! due to undertaking a strategic plan- models, mentoring and peer learning emerging or experienced cohorts ning process in 2012. opportunities, and hard- and soft-skill (6 - 12 years industry experience) In closing, a very special thanks to development. Over 150 industry and with a complimentary Full WIFT-T’s Board of Directors and staff This past year WIFT-T was actively academic professionals partnered with Delegate pass to this important for their hard work, commitment and engaged in carrying out the goals and WIFT-T to deliver engaging content conference; collective leadership. I leave the Board objectives of year one of our five-year and to share their knowledge through • The 2013 Short Film Showcase in the very capable hands of Joanna strategic plan. One of the impor- our programs and we thank them for was organized for the first time Webb and I look forward to support- tant outcomes of our process was a their important contributions and by a committee of members; and ing the organization and the Founda- renewed commitment to cater to all support of WIFT-T’s mandate. • Outreach info sessions visiting tion for years to come. career levels. This resulted in WIFT-T company workplaces to identifying specific cohort categories Also flowing from our strategic plan- promote WIFT-T’s programs and that reflect different levels of industry ning process, new committees were benefits including the corporate experience and the specific skill and formed, including the Membership bulk discount rates. career development needs for each Committee, which set an ambitious cohort. These cohorts are: goal of a 40% increase in membership A Members’ survey was carried out in in 2013 – a goal that was surpassed. November 2013; the first in five years. • Entry (0-5 years of experience); We ended 2013 with a 43% increase – Surveys were distributed to existing • Emerging (5-10 years of welcome to all our new members! members as well as previous/lapsed experience); members, covering topics relating to • Experienced (10-20 years of The Committee undertook a number membership benefits and programs; experience); and of initiatives that allowed us to fly by WIFT-T’s professional development • Established (20+ years of that 40% goal, including: programming; and communications. experience). The feedback we received is extreme- Prentiss Fraser • A new discounted two-year ly helpful in providing WIFT-T with Chair WIFT-T’s professional development membership was offered insights into our member demograph- Women in Film & Television – Toronto
Women in Film & Television – Toronto 2013 Annual Report 3 The Year Ahead
2014 marks WIFT-T’s 30th some new programs that will be we thank them for recognizing the Anniversary! Anniversaries are a rolled out over the next two years. important contributions that WIFT-T time for reflecting, taking stock and With our cohort needs in mind, and its members make on a daily basis. celebrating; but also a time to plan for together with feedback from our the future. members’ survey this past November, I want to take this opportunity to we are working on introducing new thank the Board of Directors for their WIFT-T began planning two professional development programs significant contributions in making the years ago resulting in a renewed that will meet those expressed needs past year a successful and progressive sense of purpose, direction and in fresh new ways. one. I especially wish to thank momentum. Our strategic plan has outgoing Board Chair, Prentiss Fraser, set the groundwork but is by no We are continually seeking new who has provided strong leadership means a static plan. It will be revisited opportunities for our members to and lent a powerful voice to WIFT-T’s and evaluated on an ongoing basis receive valuable hands-on mentoring, mission during the past three years. to ensure it remains relevant and networking and industry exposure Finally, thank you to the WIFT-T staff impactful for our members. We will through formal mentorships with who exemplify WIFT-T’s values and achieve this, thanks to our members’ industry partners. We will be work incredibly hard on behalf of our participation and feedback and our introducing a new 2014 mentorship members. responsiveness. very shortly; so watch for that exciting announcement! Over the next year we will continue to provide our members with WIFT-T plays an important role in increased opportunities to connect, the screen-based industry and this is learn and advance by providing high- evident in the passionate testimonials quality and relevant professional and success stories we hear regularly development programming and from our members, program networking opportunities that are alumni and mentorship and bursary geared to their needs at every career recipients. It is also demonstrated stage so that they can be capable, in the ongoing support that WIFT-T confident, connected and successful receives from various industry leaders. partners that include government entities, corporations, academic Currently, WIFT-T is undertaking institutions, and industry-focused phase two of our planning process associations and organizations. Heather Webb involving a review of existing Our success would not be possible Executive Director programs and the development of without our industry partners and Women in Film & Television – Toronto
Women in Film & Television – Toronto 2013 Annual Report 4 Our Mission
WIFT-T is a member-based organization of QUICK FACTS women and men working in screen-based media that supports the development and advancement of women in the industry.
MISSION METHODS Membership in WIFT-T enables We promote women’s successes— women to be capable, confident, especially our members’ successes. Active members connected and successful in their careers in screen-based media. We accept members who have made a commitment to work in the VALUES industry. Women are strong, smart and committed industry leaders. We welcome and value every member at WIFT-T. We welcome women of Women connect, learn and advance every race, ethnicity and ability and at WIFT-T founded through their participation in WIFT-T. every stage of work and life.
Screen-based media in Canada are We design our programs and activities stronger when they have a committed, to meet the needs of women at every connected and well-trained stage of their careers. workforce. WIFT-T members get the job done. Our member events are entertaining, engaging, purposeful and rewarding. Full-time staff positions in 2013 We respect leaders who, recognizing hard work and meaningful contributions, advance women’s careers. Operates on funding from corporate partners, government grants, and revenue generated through membership, programming and event fees.
Women in Film & Television – Toronto 2013 Annual Report 5 Board of Directors & Staff
2013-14 BOARD OF DIRECTORS OFFICERS OF THE BOARD BOARD MEMBERS FULL-TIME STAFF
Prentiss Fraser, Chair Pat DiVittorio Jade Raymond Heather Webb Senior Vice President, Worldwide Vice President, Program Planning Managing Director Executive Director Sales & Acquisitions Bell Media Ubisoft Toronto Entertainment One Renée Robinson Melanie Farrell Tamara Shannon Programming & Business Affairs Joanna Webb, Vice-Chair Director, Community Liaison Vice President, Marketing & Manager Senior Vice President, Content Rogers Media Television Promotions (left June 2013) Strategy Entertainment One Films, Canada Shaftesbury Maureen Judge Heidi Tao Yang President Bianca Williamson Program Manager (began Sept. 2013) Fiona Lee, CA, Treasurer Makin’ Movies Director, Human Resources Director of Finance, Programming/ Shaw Communications Inc. Amanda Roberts Television Elizabeth Klinck Development Manager Corus Entertainment Owner Diane Williamson E Klinck Research President Jocelyn Geddie Samantha McWilliams, Secretary Digital Wizards Inc. Membership Manager Senior Legal Counsel Kristine Murphy Canadian Broadcasting Corporation Director, Industry Development Olivia Tait Ontario Media Development Communications Officer Corporation Rachel Barclay Edith Myers Administrative Coordinator President CEI Management CONTRACT STAFF
Natalie Osborne Soko Negash Managing Director Summer Student 9 Story Entertainment
Women in Film & Television – Toronto 2013 Annual Report 6 Board Profile: Jade Raymond
As the Managing Director and studio head of living in the city and the office was in What has been a highlight of your Somers, New York, about 45 minutes career so far – or a recent project Ubisoft Toronto, Jade Raymond built a multi-title away. Susan was working under the you’ve been really excited about? executive VP of Marketing for the AAA game studio with nearly 800 employees largest business unit. She was the JR: The biggest opportunity was really prima ballerina in the New York when I joined Ubisoft and I was given from the ground up. Jade is responsible for studio City Ballet under Balanchine, went the opportunity to create a brand to undergrad at Harvard, and has an new franchise. Assasin’s Creed is a strategy, executive management and production MBA from Wharton — so really an franchise that I built along with a small amazing woman. She gave me lifts to core team and now it’s sold 73 million oversight. She joined the Board of WIFT-T in work in the morning, and she’d spend copies. That’s pretty huge, to have that time giving me input and advice, something that you brought to the 2011. telling me what she was looking for world and have it be such a success. and her expectations, and I would And then of course, a close second tell her what was happening in my was coming to Toronto to start this the one that resonated the most, internship. She became a huge mentor studio. It’s been a great experience to because I’ve always wanted to do for me. Just last week I was in New start a team from scratch and build what I can to further the careers of York for the Games for Change the culture. It’s been really nice to be women that I’ve worked with, and conference and I booked a breakfast able to find all these talented people promote women in the workplace. My with her. And she was still giving me and bring them together. objectives and my beliefs are in line advice! It’s really nice to have that with what WIFT-T is trying to do. kind of relationship — no matter what phase you are at in your career. Mentorship is a key element of WIFT-T’s mandate – have you During your term on the Board so ever been in a mentor/mentee far, what’s been a highlight of the How did you initially become relationship, and what were the experience? involved with WIFT-T? highlights of that experience for you? JR: One thing that I love about the JR: I had been on the board of a few WIFT-T board is that this is the first non-profits when I lived in Montreal. JR: I’ve been really lucky to have a board I’ve served on that is made up When I moved to Toronto, I wanted few great mentors over my career. entirely of professional women. I am to be on the board of one or two One was Susan Gluck, who was my just struck by how efficient this group non-profit organizations. A few mentor during my first internship at of women is, and how respectful of reached out to me, but this is really IBM in New York. I was seventeen, everyone’s time.
Women in Film & Television – Toronto 2013 Annual Report 7 Our Members
Membership in WIFT-T enables women to be Our membership is comprised of WIFT-T Membership benefits individuals from diverse sectors also include: access to the WIFT-T capable, confident, connected and successful in and professional levels of the Member Zone (WIFT-T’s online screen-based media industry, and networking/resource forum), their careers in screen-based media. We value includes producers, directors, mentorship opportunities, discounts writers, executives, crew, agents, on WIFT-T professional development every member at WIFT-T, welcoming women and managers, distributors, editors, programming and a wide range lawyers, administrators, digital effects of industry events, and volunteer men of every race, ethnicity and ability and at specialists, advertisers, performers, opportunities. publicists, camera operators, every stage of work and life. production personnel and more. Whether you’re looking to update your skills, expand your professional We meet the needs of our members network, or transition into a new at every stage of their careers by sector, WIFT-T is your gateway to a offering a broad range of member- dynamic industry-focused network specific programs and events including: and opportunities to connect, learn New Member Breakfasts, Goodmans and advance. Presents & Connects panel and networking series, Executive Series, Visit wift.com today for more details Short Film Showcase and the WIFT-T on how to join! Reception@TIFF.
VOLUNTEERS Special thanks to the many dedicated If you are an active member volunteers who helped us deliver our interested in volunteer opportunities, programs and events throughout the send an email to year. Our work would not be possible [email protected] with your without your support! resume attached.
With some exceptions, volunteer opportunities are exclusive to members.
Women in Film & Television – Toronto 2013 Annual Report 8 2013 MEMBER-EXCLUSIVE MEMBERSHIP QUICK FACTS EVENTS
Goodmans Presents & Connects New Member Breakfasts Executive Breakfast Series MAC Trend Presentations WIFT-T Reception@TIFF Full members Student/Senior members WIFT-T Short Film Showcase
Increase in membership in 2013 Associate members Member-exclusive events in 2013
Active members in 2013 Friend/Colleague members Networking opportunities in 2013
Women in Film & Television – Toronto 2013 Annual Report 9 Member Profile: Amy Jo Johnson
Amy Jo Johnson is an actor, director and musician AJJ: Since moving my life to Toronto up to direct my first feature film in I’ve had the pleasure of getting to spring 2015. who relocated to Toronto in 2008. Well known know some pretty awesome ladies who have encouraged and inspired me What you are working on now. for her roles on Mighty Morphin Power Rangers, to make this leap, most of whom are What irons do you have in the fire? WIFT-T members. Felicity and Flashpoint, Johnson is building a AJJ: At the moment I’m working on In addition to your film work, you the second draft of my feature film reputation for her work behind the camera. are a musician who records and The Space Between which I will direct tours – does your on-camera and next spring. I’m also brushing up on stage experience help you as a my acting in a recurring role on the director? How does it inform your USA network series Covert Affairs work? which airs this summer. My second short film Lines which stars Enrico AJJ: Working as an actress for over Colantoni, Ingrid Kavelaars and I will twenty years absolutely helps me in be hitting the festival scene soon. In 2013, Bent won the Audience learning to direct. A lot of the ins and Award at the Short Film Showcase outs of being on set have become – what was the highlight of that second nature and certainly guide me experience for you? as a director. I am also a musician and approach writing and directing with a AJJ: It was such an honour to win certain rhythm because of this. that award. The highlight for me was the spark of confidence that How do you balance these multiple came from that evening. Jumping roles, especially when it comes to into a new career is an exciting and promoting your work? Are you How did you first get involved with challenging experience and the Short tweeting 24/7? WIFT-T? Film Showcase was a great vote of confidence. AJJ: Ha! I definitely do not tweet 24/7 AJJ: My good friend Janice Ierulli, but am beyond grateful to the fans co-owner of Jam Post, brought the You have worked extensively in that have supported me through the WIFT-T Short Film Showcase to my front of the camera, and now you years. This support is the only way attention over a year ago. I had just are building a career as a director I could have made my two short finished my first short film Bent and with Bent and Lines – has WIFT-T films. With two successful indiegogo decided to submit and become a helped you make that leap? campaigns under my belt I’m gearing member as well.
Women in Film & Television – Toronto 2013 Annual Report 10 Our Mentorships & Scholarships
WIFT-T Mentorships and Scholarships provide CBC BUSINESS OF DELUXE PRODUCER BROADCASTING MENTORSHIP INTERNSHIP emerging Canadian female professionals with The CBC Business of Broadcasting The Deluxe Producer Internship Mentorship provides one emerging provides one entry-level tailored, industry-focused mentoring by business Canadian female broadcasting Canadian female producer with professional the opportunity to invaluable hands-on post-production and creative leaders, practical and academic experience a unique look at CBC training. The goal of this internship Television from “behind the screen.” is to familiarize the producer to the learning opportunities, and business development Through a comprehensive week- post process, to better plan for the long workshop, the winner learns early stages of production rather and networking opportunities. Mentorships about the production and broadcast than attempting to “fix it in post.” components of dramatic content for The successful applicant joins Deluxe and Scholarships are open to female WIFT-T multiple platforms and receives the at their world-class facility in opportunity to establish business and downtown Toronto, for three-weeks members exclusively. Recipients are chosen mentoring relationships with CBC to learn about production equipment drama staff. The winner also receives a planning and requirements, and post- through a competitive process. WIFT-T programming pass. production video, film and sound.
Paige Lawson, 2013 Recipient Karen Shaw, 2013 Recipient
Women in Film & Television – Toronto 2013 Annual Report 11 KODAK NEW VISION WILLIAM F. WHITE BANFF WORLD MEDIA FESTIVAL MENTORSHIP PRODUCTION MANAGER SCHOLARSHIP The Kodak New Vision Mentorship MENTORSHIP The WIFT-T Banff World Media provides one emerging-level The William F. White Production Festival Scholarship is a competitive Canadian female director with the Manager Mentorship provides opportunity that provides one opportunity to attend the Toronto one emerging Canadian female female WIFT-T member with mid- International Film Festival as an production manager with hands-on to senior-management experience industry delegate and receive pre- training and career mentorship with with a full delegate pass to attend festival business coaching from an an experienced female production the Banff World Media Festival, in established industry professional. The manager. The successful applicant Banff, Alberta. The scholarship covers goal of this mentorship is to provide spends 10 days on site participating the conference registration fee valuable guidance to the director in in the intensive training program at only, and does not include travel or relation to balancing the business and William F. White’s new facility in accommodation. Applicants must be creative components of the feature Toronto, the William F. White Centre, full WIFT-T members in good standing, film industry. The program includes to learn about production equipment and can join at the time of application. self-scheduled meetings with the for digital projects, television and mentorship advisor in preparation for film equipment planning, resource TIFF, and generally takes place in July management, and budget planning. and August each year. In addition, she receives three hours of mentorship from an experienced female production manager. The winner also receives a WIFT-T programming pass.
Sherien Barsoum, 2013 Recipient Lori Fischburg, 2013 Recipient Paula Devonshire, 2013 Recipient
Women in Film & Television – Toronto 2013 Annual Report 12 Mentee Profile: Sherien Barsoum
Sherien Barsoum received national and new doc, Searching for Arafat’s Right Hand – is that project still top of international recognition for her provocative 2011 mind? What stage is it at now? first feature documentary,Colour Me. As Creative SB: Yes! I’m still working on this project and I am now knee-deep in Director at TAZA Media, Barsoum has over ten development! years of professional experience as a filmmaker, In addition to the mentorship, you’ve joined the Communications journalist and marketing/communications & Marketing Committee for WIFT-T. What prompted you to do professional. that? What do you like about it? SB: The mentorship exposed to me to another dimension of WIFT-T; one inside look at the industry, key players that really invests in its members. and overall business of film. I wanted to contribute to our community in a tangible way. While Your mentor was Tamara Shannon, I’m an emerging filmmaker, I have a VP Marketing and Promotions, number of years under my belt as eOne Films Canada, and a WIFT-T a communications professional and Board Member. What’s the best thought this could be my way of giving piece of advice Tamara gave you back. over the course of the mentorship? What are you working on now and You won the 2013 Kodak New SB: The best piece of advice Tamara what’s coming up for you? Vision Mentorship. What was the gave me was to really understand my highlight of the experience for you? products and where they belong in SB: In addition to Searching for the landscape of the industry. While Arafat’s Right Hand, I’m also in SB: The highlight of the experience my films may not be a good fit for one development on another film and I was being able to attend TIFF with an broadcaster or distributor, they may am story producing on an in-house industry pass. The delegate pass gave have a perfect home somewhere else. documentary with City. You’ve caught me access to all the industry events me in the middle of HotDocs — so I and also a platform to easily speak to When we announced your am networking and pitching and loving other delegates. It really gave me an mentorship, you were working on a the world of film!
Women in Film & Television – Toronto 2013 Annual Report 13 Our Programs
Our year-round programs are designed to QUICK FACTS meet professional development needs at all career cohort levels. Open to both women and men, WIFT-T programs are led by some of the Intensive program participants industry’s top creative and business professionals and academics. WIFT-T members receive a 25% discount on all program fees. Total program participants in 2013
Seminar & Workshop participants
Panel & Networking attendees
Total hours of programming in 2013 Faculty & Presenters
Women in Film & Television – Toronto 2013 Annual Report 14 Our Programs (cont’d)
INTENSIVES
BUSINESS MANAGEMENT CONVERGENT MEDIA DEVELOPMENT INCUBATOR MEDIA MANAGEMENT FOR MEDIA PROFESSIONALS PROGRAM The WIFT-T Development PROGRAM PROGRAM The WIFT-T Convergent Media Incubator (DI) is a national initiative, The WIFT-T Media Management The WIFT-T Business Management Program (CMP) is essential for those designed to kick-start market- Program (MMP) is designed to assist for Media Professionals Program who want to master the integration driven feature films and support screen-based media businesses to (BMMP) is a certificate program, of traditional media production the next generation of Canadian uniquely position their companies consisting of five individual modules, with digital media. The four-day feature film professionals. Up to six in this competitive Canadian media essential for emerging media incubator format is tailored for emerging or mid-career producer/ industry, including the development professionals who want to understand moving projects from development writer teams with feature length of the right business strategies and the business of film, television and to production, and includes a master projects in development, receive management skills for leading the interactive production. class on accessing funding for digital the opportunity to work with company’s growth. The MMP is an media projects. Participants must Canadian and international producers, intensive four-day incubator program. The BMMP is recommended for have an interactive digital media development executives and story Screen-based media businesses working professionals with up to or transmedia project currently editors. This intensive four-day that require a new or refreshed three years’ industry experience or in development. Topics covered incubator examines multiple aspects business strategy in the context of related academic training, and for may include: alternate financing of feature film development—from the Canadian media industry are those transitioning to a new area of (including interactive grants, branded writing, to financing, to marketing encouraged to apply. Companies the business or the Canadian screen- entertainment, crowdsourcing); and distribution—through a series can be represented by a senior-level based industry. Participants who interactive project management of small group sessions and one- manager, or the entrepreneurial complete all five modules receive (working with broadcasters, game on-one consultations with creative owner. a certificate from Humber School development, budget planning, team and business experts. Teams receive 2013 Presenting Partner: Shaw Media of Media Studies & Information building); technical production coaching and feedback instrumental Technology. (equipment planning, formats, and to advancing their market-driven 2013 Presenting Partner: Bell Media; scheduling); and marketing and digital feature film projects to the next level. Supporting Partner: Humber School of distribution (viral strategies, SEO, and Finally, the teams are matched with Media Studies & Information Technology live interaction experiences, global national story editors appropriate to trends). their projects for services resulting in 2013 Presenting Partner: Corus a revised draft within three months Entertainment; Supporting Partner: of the DI. Participants complete the Ontario Media Development Corporation program once they have submitted a revised script and final business reports. 2013 Presenting Partners: NBCUniversal, Telefilm Canada; Supporting Partner: National Screen Institute
Women in Film & Television – Toronto 2013 Annual Report 15 Our Programs (cont’d)
SEMINARS & WORKSHOPS PANELS & NETWORKING
CAREER ADVANCEMENT EXECUTIVE BREAKFAST SERIES GOODMANS PRESENTS & DIGISCAPE PROGRAM The WIFT-T Executive Breakfast CONNECTS Digiscape is an evening networking The WIFT-T Career Advancement Series was a quarterly series geared Offered four times a year, Goodmans and professional development series Program (CAP) is an after-work towards senior-level professionals Presents & Connects is one of designed to help screen-based media presentation and networking working in the screen-based numerous, ongoing, exclusive benefits professionals successfully navigate series providing screen-based industries. Presentations lead by of WIFT-T membership. Goodmans digital shifts in the industry. With the media professionals with relevant Heenan Blaikie lawyers focused on Presents is a panel and networking goal of deconstructing industry silos and insightful career development legal and business issues being faced series that focuses on topics through networking, Digiscape offers strategies and tools. by executives in the media industry. relevant to the Canadian screen- the opportunity for traditional and 2013 Presenting Partners: Shaw Media Topics included: Privacy; Labour based industry, with a consistent line digital media professionals/content and NBCUniversal and Employment; Executive Career up of high-profile industry guests. creators to connect in an informal Planning; and Technology and New Goodmans Connects are networking atmosphere. Media. This series was exclusive to the events geared to building industry 2013 Presenting Partners: Bell WIFT-T Executive Women’s Circle, connects and facilitating business Fund, Ontario Media Development for WIFT-T screen-based professional development leads. These events are Corporation; Community Partners: members with over 10 years in an a must for industry professionals who Canadian Media Production Association, executive capacity. Attendance at this are serious about advancing their Interactive Ontario, Canadian Women in breakfast series was complimentary careers. Communications and by invitation only. 2013 Presenting Partner: Goodmans LLP 2013 Presenting Partner: Heenan Blaikie LLP
Women in Film & Television – Toronto 2013 Annual Report 16 2013 Faculty, Mentor and Jury Directory
A Anna Beben C Patrick Crowe Production Manager President William F. White Production Manager Xenophile Media Francesca Accinelli Mentorship Sally Catto Convergent Media Program Director, English Market CMF Executive Director, Commissioned Program Administrator Lesley Birchard and Scripted Diane Cuthbert CMF Executive in Charge of Productions, CBC Vice President-Sales Development Incubator Factual Entertainment CBC Business of Broadcasting Deluxe CBC Mentorship Deluxe Producer Internship Shanna Albert CBC Business of Broadcasting Producer, Content Development Mentorship Ken Chubb D Executive Story Editor Development Incubator Jury Marla Black Bush Telegraph Filmmaker Development Incubator Bruce Dale Robin Altman Development Incubator Jury Manager of Training Programs Founder and Principal Shari Cohen William F. White Radiate Coaching Nancy Boyle Consultant, Industry Initiatives William F. White Production Manager Career Advancement Program Senior Director OMDC Mentorship Jury Communications, Marketing & Brand Convergent Media Program Helen Asimakis CBC Michelle Daly Executive in Charge of Production CBC Business of Broadcasting Karen Cohen Executive in Charge of Production CBC Mentorship Talent Agent CBC CBC Business of Broadcasting Sesler & Company CBC Business of Broadcasting Mentorship John Buchan Development Incubator Mentorship Casting Consultant, Commissioned & B Scripted Programming Suzanne Colvin-Goulding Deborah Day CBC Sr. Director, Production Planning CEO CBC Business of Broadcasting CBC Innovate by Day Alan Bacchus Mentorship CBC Business of Broadcasting Convergent Media Program Programs Manager Mentorship Harold Greenberg Fund Christina Buchli Ken Dhaliwal Development Incubator Partner Brian Cotter Partner, Business Law Group Buchli Goldstein LLP Executive Producer Heenan Blaikie LLP Lisa Baylin Executive Breakfast Series & Cotter Media International Executive Breakfast Series Program Manager Development Incubator Business Management for Media Independent Production Fund Professionals Program Convergent Media Program
Women in Film & Television – Toronto 2013 Annual Report 17 2013 Faculty, Mentor and Jury Directory (cont’d)
Maureen Dorey F Kim Gibson I Story Editor Consultant, Industry Initiatives Lucid Dreams OMDC Development Incubator Joanna Fine Convergent Media Program Iryna Iwachiw Lawyer, Privacy & Information Entertainment Lawyer Marcia Douglas Management Group Hilary Goldstein IMI Law Manager Heenan Blaikie LLP Partner Development Incubator IPF Fund Executive Breakfast Series Buchli Goldstein LLP Development Incubator Executive Breakfast Series & J Matt Flynn Development Incubator Greig Dymond Partner, Privacy & Information Executive in Charge of Production, Management Group H Maureen Judge Comedy Heenan Blaikie LLP President CBC Executive Breakfast Series Makin’ Movies CBC Business of Broadcasting Christina Hall Banff World Media Festival Scholarship Mentorship Anthea Foyer Lawyer Jury Founder & Director Heenan Blaikie LLP E The Labs Executive Breakfast Series K Convergent Media Program Fergus Heywood Leah Eichler G Sr. Producer Melissa Kajpust Founder CBC Director of Programming Femme-O-Nomics CBC Business of Broadcasting NSI Career Advancement Program Orla Garriques Mentorship Development Incubator Program Manager Alex Epstein CFC Media Lab Sherri Hills Adam Kardash Story Editor Astound Partnership with CFC Media Business Affairs Director Lawyer, Chair of Privacy & Information Craft Screening Writing Lab, Convergent Media Program Xenophile Media Management Group and Head of Development Incubator Convergent Media Program Access John Gaskin Heenan Blaikie LLP Victoria Evans Production Accountant Johanna Holmes Executive Breakfast Series Digital Media Producer John Gaskin Productions Audience Research Independent Contractor Business Management for Media CBC Susan Kelly Convergent Media Program Professionals CBC Business of Broadcasting Senior Director, Business and Rights Mentorship CBC CBC Business of Broadcasting Mentorship
Women in Film & Television – Toronto 2013 Annual Report 18 2013 Faculty, Mentor and Jury Directory (cont’d)
Sandra Kleinfeld Tanya Lahiri M Michael McGuigan Director of Development, Studio & Senior Relationship Manager, Media CFO and Managing Partner Unscripted Programming and Entertainment Breakthrough Entertainment CBC Royal Bank of Canada Michèle Maheux Business Management for Media CBC Business of Broadcasting Development Incubator COO Professionals Mentorship TIFF Annelise Larson Kodak New Vision Mentorship Jury Cher Merlo Jason Knight Digital Marketing Strategist Manager of Whites Interactive Casting Consultant Veria Search Lucinda Main William F. White CBC Career Advancement Program Lawyer Convergent Media Program CBC Business of Broadcasting Heenan Blaikie LLP Mentorship Marjorie Lecker Executive Breakfast Series Kelly Ann Murphy Casting Agent Production Manager Grazyna Krupa Marjorie Lecker Casting Lea Marin Cineflix Executive in Charge of Programming, Development Incubator Producer William F. White Production Manager Factual Entertainment NFB Mentorship CBC Jennifer Lisco Development Incubator Jury CBC Business of Broadcasting Director, Legal Affairs and Tax Susan Murray Mentorship Incentives Laurie May Professor, Production Management, Canada Film Capital Co-President Producing, and Documentary L Development Incubator Elevation Pictures Filmmaking Development Incubator Humber Film & Television Rhonda Lockwood Business Management for Media Dan Lander Account Manager Alex Mayhew Professionals Manager, Development, Business and Kodak Creative Director Rights Kodak New Vision Mentorship Jury Xenophile N CBC Convergent Media Program CBC Business of Broadcasting Jennifer Lo Mentorship Development Manager, Business and Lee-Anne McAlear M. Michelle Nadon Rights Program Director of Schulich’s President Jennifer Lang CBC Centre of Excellence in Innovation mediaINTELLIGENCE Senior Advisor, EVP Office CBC Business of Broadcasting Management at SEEC Career Advancement Program CBC Mentorship Media Management Program CBC Business of Broadcasting Mentorship
Women in Film & Television – Toronto 2013 Annual Report 19 2013 Faculty, Mentor and Jury Directory (cont’d)
Terra Noble Dana Pizzololato Susan Ross Agata Smoluch Del Sorbo Manager, Development, Business and Bookings Agent Partner Festival Programmer Rights Models International Management ISM Access TIFF CBC Development Incubator Business Management for Business Development Incubator Jury CBC Business of Broadcasting Professionals Mentorship R Sara Snow S Sperryville Entertainment O Story Editor Glain-Roberts McCabe Development Incubator President Patricia Scarlett Marva Ollivierre Executive Roundtable CEO Jim Sterneberg Producer Career Advancement Program Media Business Institute President and CEO Doe Eye Media Productions Inc. Business Management for Business Film Finances Development Incubator Renee Robinson Professionals, Career Advancement Development Incubator Programming and Business Affairs Program, Development Incubator P Manager Monica Szenteszky WIFT-T Martha Shanly Team Leader, Tax Credits and Development Incubator Jury, William F. Financial Analyst Financing Programs Tara Parker White Production Manager Mentorship Canada Film Capital OMDC Partner, Entertainment Group Jury Development Incubator Convergent Media Program Goodmans LLP Development Incubator Gloria Roheim Tamara Shannon T Social Media Strategist and Trainer VP Marketing, Film Sandra Picheca Gloria Roheim Inc. Entertainment One Executive in Charge of Production, Media Management Program Kodak New Vision Mentorship Mentor Elke Town Comedy Story Editor CBC Katherine Roos Shelley Simmons Story-Works CBC Business of Broadcasting Small Business Manager, Economic Content Producer Development Incubator Mentorship Development, Culture & Tourism marblemedia Division Convergent Media Program V Christina Piovesan City of Toronto Executive Producer Media Management Program Mary Jane Skalski First Generation Films Next Wednesday Films Jackie VanDerMeulen Kodak New Vision Mentorship Jury Story Editor Lawyer Development Incubator Heenan Blaikie LLP Executive Breakfast Series
Women in Film & Television – Toronto 2013 Annual Report 20 2013 Faculty, Mentor and Jury Directory (cont’d)
Colette Vosberg Kristin Wozniak President Research Manager Firestarter Business Affairs CBC Business Management for Media CBC Business of Broadcasting Professionals Mentorship
W Z
Heather Webb Raheel Zaman Executive Director Senior Manager WIFT-T KPMG Kodak New Vision Mentorship Jury Development Incubator Jury
Aaron Williamson Eva Ziemsen Vice President Professor Value Web Humber Film & Televison Convergent Media Program, Media Business Management for Media Management Program Professionals, Development Incubator
Christine Wilson Executive Director, Content CBC CBC Business of Broadcasting Mentorship
Kim Wilson Creative Head, Children’s & Youth Programming CBC CBC Business of Broadcasting Mentorship
Women in Film & Television – Toronto 2013 Annual Report 21 Crystal Awards Gala Luncheon
WIFT-T celebrated the 26th Annual Crystal Awards on December 3rd at Arcadian Court. This sold out event, hosted by acclaimed actress Wendy Crewson—a WIFT-T Crystal Award winner in 2000—honoured five successful and talented Canadian women leaders in screen- based media.
Women in Film & Television – Toronto 2013 Annual Report 22 Crystal Awards Gala Luncheon (cont’d)
2013 CRYSTAL AWARD Top Row (from left) WINNERS CREATIVE EXCELLENCE AWARD Semi Chellas Director/Producer/Screenwriter Presented in partnership with Deluxe
MENTORSHIP AWARD Lalita Krishna Director/Producer/Writer
Bottom Row (from left)
OUTSTANDING ACHIEVEMENT IN BUSINESS AWARD Margaret O’Brien President, Canada and Chief Operating Officer, Entertainment One Television Presented in partnership with Shaw Media
SPECIAL JURY AWARD OF DISTINCTION Sheila Hockin Producer
INTERNATIONAL ACHIEVEMENT AWARD Mia Kirshner Actor Presented in partnership with NBCUniversal
Women in Film & Television – Toronto 2013 Annual Report 23 Crystal Awards Gala Luncheon (cont’d)
Established in 1988, WIFT-T’s Crystal Awards promote and celebrate the outstanding achievements of Canadian women and men in screen-based media—film, television and digital media. To date, more than 120 industry leaders have received a Crystal Award. Award winners are nominated by WIFT-T members and selected by a jury of past Crystal Award recipients. Nominees have a minimum of ten years’ experience. 2013 CRYSTAL AWARDS JURY
Julie Bristow President & Chief Executive Officer Bristow Global Media, Inc. 2011 Crystal Award Winner
Susan Ross Partner, ISM Access Consulting 2012 Crystal Award Winner
Virginia Thompson Partner/President/Executive Producer Vérité Films Inc. 2008 Crystal Award Winner
Women in Film & Television – Toronto 2013 Annual Report 24 Crystal Awards Gala Luncheon (cont’d)
Special thanks to our 2013 Crystal Awards Partners
PRESENTING PARTNERS Deluxe PRODUCTION PARTNERS HOSPITALITY PARTNER 2013 CRYSTAL AWARD Shaw Media AV-Canada Hyatt Regency FOUNDATION FOR WIFT-T NBCUniversal MAC Cosmetics TABLE PURCHASERS Omni PRINT PARTNER Bell Media SUPPORTING PARTNER Rogers TV Somerset Corus Entertainment Entertainment One Imported Artists Directors Guild of Canada - Ontario Entertainment One EVENT PARTNERS EVENT SUPPORTERS 9 Story Entertainment Dome Productions KORRES RTR Media Telefilm Canada GEE Beauty Ubisoft Toronto Marlowe
MEDIA PARTNER Playback Magazine
Women in Film & Television – Toronto 2013 Annual Report 25 Reception@TIFF
WIFT-T’s annual reception during the Toronto Special thanks to our 2013 Reception@TIFF Partners International Film Festival celebrates the spirit and PRESENTING PARTNER creativity of our screen-based community. On Canadian Broadcasting Corporation Tuesday, September 10, 2013 we welcomed our SUPPORTING PARTNER MAC Cosmetics members, partners, visiting filmmakers and special EVENT PARTNER guests to a catered reception to celebrate the City of Toronto Film, Television and Digital Media Office success of women in media, and honour the PRODUCTION PARTNER contributions of Canadians to the worldwide AV-Canada entertainment industry. HOSPITALITY PARTNERS Chairman Mills Our 2013 Reception@TIFF took Chef Dowbiggin Fine Food Catering place in the Barbara Frum Atrium Colio Estate Wines at the CBC where guests had the Friends Catering Company opportunity to walk the red carpet, Garden of Eden Catering visit the MAC Cosmetics Pop- Prairie Girl Bakery Up Lounge, enjoy fabulous hors Shelley’s Catering and Special Events d’oeuvres, and bid on exciting and Inc. exclusive silent auction items. Steam Whistle Brewing Tori and Cate’s Cupcakes Thanks to everyone who participated Verona Catering in the Silent Auction which raised Whole Foods Market $6,465 in support of the Foundation for Women in Film & Television – Toronto!
Women in Film & Television – Toronto 2013 Annual Report 26 Reception@TIFF
Women in Film & Television – Toronto 2013 Annual Report 27 Short Film Showcase
On April 4th, 2013, WIFT-T proudly presented 2013 SHOWCASE LINE-UP the 4th annual Short Film Showcase at Deluxe Toronto. Designed to celebrate the talent and creativity of WIFT-T members, the Showcase featured nine exceptional short films and was followed by a networking reception. Bare Knuckle Duet (10:18) When It Is Dark (7:40) Director/Screenwriter: Lindsey Connell* Director/Screenwriter: Kate Yorga* Congratulations to Amy Jo Johnson who won the Producers: Vanessa Shrimpton, Caitlin Producers: Cherie Sinclair, Sean Evans, Nicholls & Lindsey Connell J. Lee Williams, Kate Yorga & Adam Audience Choice Award for her filmBent . Production Company: Franny Films Inc. Mainsbridge Production Company: The Field and 1188 Films
Charlie Gauvin (13:39) Yahrzeit (5:00) Director/Screenwriter: Teresa Alfeld* Director/Producer/Screenwriter: Eva Producer: Nancy Shaw Ziemsen* Production Company: Savoy Films Production Company: Cineva Films Inc.
*indicates WIFT-T member
Women in Film & Television – Toronto 2013 Annual Report 28 WIFT-T 2013 SHORT FILM SHOWCASE ORGANIZING COMMITTEE The 2013 Short Film Showcase was curated with the assistance of a committee comprised of WIFT-T members. WIFT-T gratefully acknowledges the support and contributions of the inaugural Short Film Showcase Organizing Committee:
Anna Jane Edmonds Roadkill (5:09) Captivus (6:00) Pretty Thing (12:42) Megan Ellison Director/Producer/Screenwriter: Teresa Director: Simonee Chichester* Directors/Screenwriters: Matthew De Jocelyn Geddie Alfeld* Producer: Jordan Gross Filippis & Elisia Mirabelli* Jessica LaGrassa Production Company: Savoy Films Screenwriters: Dane Clark & Simonee Producer: Miriam Levin-Gold Kim Thomson Chichester Production Company: Sempre Andrea Whyte Production Company: My Friend Simonee Zohrain Zafar Films
Special thanks to our 2013 Short Film Showcase Partners
PRESENTING PARTNER Deluxe
EVENT PARTNERS Entertainment One Hot Docs Reel World Bent (19:58) Frost (13:31) Shaw Media Director/Screenwriter: Amy Jo Johnson* Director/Screenwriter: Jeremy Bell* Toronto Screenwriting Conference Producers: Amy Jo Johnson & Holly Producers: Lauren Grant* & Robert O’Brien Munroe Production Company: Cozylife Productions Production Company: CFC
Women in Film & Television – Toronto 2013 Annual Report 29 Foundation for WIFT-T
Established in 1989, the Foundation raises CHARITABLE CONTACT INFORMATION REGISTRATION funds to support Women in Film & Television – NUMBER Foundation for Women in Film & Television – Toronto Toronto’s professional development programs 885 240 812 RR0 001 Attn: Jacqueline Pardy, Director of Development and bursaries providing access to industry-specific 2012 - 2013 BOARD OF 110 Eglinton Avenue East, Suite 601 DIRECTORS Toronto, Ontario business knowledge, skills and leaders. M4P 2Y1 Natalie Osbourne, Chair Managing Director p: 416.322.3430 ext. 228 9 Story Entertainment f: 416.322.3703 e: [email protected] Fiona Lee, CA, Secretary/Treasurer Director of Finance, Programming Corus Entertainment Television
Prentiss Fraser Senior Vice President, Worldwide Sales & Acquisitions Entertainment One
Tamara Shannon Vice President, Marketing & Promotions Entertainment One Films, Canada
Joanna Webb Senior Vice President Content Strategy Shaftesbury
Women in Film & Television – Toronto 2013 Annual Report 30 Women in Film & Television – Toronto Inc. Financial Statements For the year ended December 31, 2013
Contents
Independent Auditors’ Report 32
Statement of Financial Position 33
Statement of Operations and Changes in Net Assets 34
Statement of Cash Flows 35
Notes to Financial Statements 36-38
Women in Film & Television – Toronto 2013 Annual Report 31 Independent Auditors’ Report
To the Members of Women In Film and Television‑Toronto Inc. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. We have audited the accompanying financial statements of Women In Film and Television‑Toronto Inc., which comprise the statement of financial position as Basis for Qualified Opinion at December 31, 2013, and the statements of operations and changes in net Women In Film and Television‑Toronto Inc., in common with many assets and cash flows for the year then ended, and a summary of significant not‑for‑profit organizations, derives revenue from various sources, the accounting policies and other explanatory information. completeness of which is not susceptible to satisfactory audit verification. Accordingly, our verification of revenues was limited to the amounts recorded Management’s Responsibility for the Financial Statements in the records of Women in Film and Television‑Toronto Inc. and we were not Management is responsible for the preparation and fair presentation of these able to determine whether any adjustments might be necessary to revenues, financial statements in accordance with Canadian accounting standards for excess of revenues over expenditures, assets and net assets. not‑for‑profit organizations, and for such internal control as management determines is necessary to enable the preparation of financial statements that Qualified Opinion are free from material misstatement, whether due to fraud or error. In our opinion, except for the effect of adjustments, if any, which we might have determined to be necessary had we been able to satisfy ourselves concerning Auditors’ Responsibility the completeness of the revenue referred to in the preceding paragraph, Our responsibility is to express an opinion on these financial statements based these financial statements present fairly, in all material respects, the financial on our audit. We conducted our audit in accordance with Canadian generally position of Women in Film and Television‑Toronto Inc. as at December 31, accepted auditing standards. Those standards require that we comply with 2013 and the results of its operations and its cash flows for the year then ethical requirements and plan and perform the audit to obtain reasonable ended in accordance with Canadian accounting standards for not‑for‑profit assurance about whether the financial statements are free from material organizations. misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditors’ judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditors consider internal control relevant to the Association’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Association’s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as Toronto, Canada Chartered Accountants evaluating the overall presentation of the financial statements. April 2, 2014 Licensed Public Accountants
Women in Film & Television – Toronto 2013 Annual Report 32 Women in Film & Television – Toronto Inc. Statement of Financial Position As at December 31, 2013 2013 2012
Assets
Current Cash $ 39,169 $ 61,804 Short term investments 150,069 146,428 Accounts receivable 15,512 36,219 Prepaid expenses and sundry assets 6,735 5,994 Advances to related entity (note 2) 64,615 44,689
276,100 295,134
Capital assets (note 3) 6,212 6,360
$ 282,312 $ 301,494
Liabilities and Net Assets
Liabilities
Current Accounts payable and accrued $ 12,688 $ 16,574 liabilities Government remittances payable 7,446 4,429 Deferred contributions (note 4) 77,857 148,285
97,991 169,288
Net assets 184,321 132,206
$ 282,312 $ 301,494
*See accompanying notes to the Approved on behalf of the board Director Director financial statements
Women in Film & Television – Toronto 2013 Annual Report 33 Women in Film & Television – Toronto Inc. Statement of Operations and Changes in Net Assets For the year ended December 31, 2013 2013 2012
Revenues
Sponsorships and grants $ 411,928 $ 383,998 Programming and events 79,677 106,022 Government funding 62,522 178,500 Membership 48,304 29,605
602,431 698,125
Expenditures Office salaries and benefits 282,677 250,043 Programming and events 172,748 269,423 Occupancy costs 37,032 31,634 Office and general 21,565 26,997 Contract services 12,000 12,989 Interest and bank charges 6,421 6,733 Telephone and communications 5,776 5,551 Professional fees 5,550 5,690 Insurance 2,978 2,228 Amortization 2,573 2,613 Committees and meetings 996 1,338
550,316 615,239
Excess of revenues over 52,115 82,886 expenditures
Net assets, beginning of year 132,206 49,320
Net assets, end of year $ 184,321 $ 132,206
*See accompanying notes to the financial statements
Women in Film & Television – Toronto 2013 Annual Report 34 Women in Film & Television – Toronto Inc. Statement of Cash Flows For the year ended December 31, 2013 2013 2012
Cash flows from (used in):
Operating activities Excess of revenues over $ 52,115 $ 82,886 expenditures Adjustment for 2,573 2,613 Amortization
54,688 85,499 Change in non-cash working capital items Short term investments Accounts receivable (3,641) (146,428) Prepaid expenses and sundry assets 20,707 24,880 Advances to related entity (741) (3,715) Accounts payable and accrued (19,926) (1,187) liabilities (3,886) (17,991) Government remittances payable Deferred contributions 3,017 4,429 (70,428) 48,428
(20,210) (6,085) Investing activity Capital assets (2,425) (3,339)
Decrease in cash (22,635) (9,424)
Cash, beginning of year 61,804 71,228
Cash, end of year $ 39,169 $ 61,804
*See accompanying notes to the financial statements
Women in Film & Television – Toronto 2013 Annual Report 35 Women in Film & Television – Toronto Inc. Notes to Financial Statements For the year ended December 31, 2013
General (c) Capital assets
Women in Film and Television‑Toronto Inc. (the “Association”) was Capital assets are recorded at cost and amortized on a declining balance basis, incorporated without share capital under the provisions of the Ontario over their estimated useful lives at the following annual rates: Corporations Act as a not‑for‑profit corporation. The Association’s principal objective is to promote women in film and television to its membership, Furniture and fixtures 20% without monetary gain. Computer equipment 30%
Pursuant to the Income Tax Act (Canada), the Association is classified as a (d) Impairment of long‑lived assets not‑for‑profit organization and therefore, is not subject to income tax. The Association tests for impairment whenever events or changes in 1. Significant accounting policies circumstances indicate that the carrying amount of the assets may not be recoverable. Recoverability is assessed by comparing the carrying amount These financial statements are prepared in accordance with Canadian to the projected undiscounted future net cash flows the long‑lived assets are accounting standards for not‑for‑profit organizations. The significant policies are expected to generate through their direct use and eventual disposition. When detailed as follows: a test for impairment indicates that the carrying amount of an asset is not recoverable, an impairment loss is recognized to the extent carrying value (a) Revenue recognition exceeds its fair value.
The Association follows the deferral method of accounting for contributions. (e) Contributed services Unrestricted contributions are recognized as revenue in the year when they are received or become receivable, are measurable, and if collection is Members of the Association’s board of directors and other officers or reasonably assured. Restricted contributions are recognized as revenue in organizations donate their time or services without monetary compensation. the year in which the related expenses are incurred and if collection thereof Because of the difficulty of determining their fair value, contributed services are is reasonably assured. Contributions received in advance are reflected in the not recognized in the financial statements. financial statements as deferred contributions. (f) Financial instruments (b) Short term investments Measurement of financial instruments Short term investments consist of guaranteed investment certificates with an initial maturity of one year or less. The Association initially measures its financial assets and financial liabilities at fair value and subsequently measures its financial assets and financial liabilities at amortized cost.
Women in Film & Television – Toronto 2013 Annual Report 36 Women in Film & Television – Toronto Inc. Notes to Financial Statements
Financial assets measured at amortized cost include cash, short term These transactions are in the normal course of operations and have been investments, accounts receivable and advances to related entity. valued in these financial statements at the exchange amount which is the amount of consideration established and agreed to by the related parties. Financial liabilities measured at amortized cost include accounts payable and accrued liabilities. 3. Capital assets 2013 2012 Impairment Accumulated Accumulated Financial assets measured at cost are tested for impairment when there are Cost amortization Cost amortization indicators of impairment. The amount of the write‑down is recognized in excess of revenues over expenditures. The previously recognized impairment Furniture and $ 3,000 $ 2,497 $ 3,000 $ 2,371 loss may be reversed to the extent of the improvement, directly or by adjusting fixtures the allowance account, provided it is no greater than the amount that would Computer 35,341 29,632 32,916 27,185 have been reported at the date of the reversal had the impairment not been equipment recognized previously. The amount of the reversal is recognized in excess of revenues over expenditures. 38,341 32,129 35,916 29,556
(g) Use of estimates Net book value $ 6,212 $ 6,360
The preparation of financial statements in conformity with Canadian accounting standards for not‑for‑profit organizations requires management to 4. Deferred contributions make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the statement Deferred contributions will be utilized on various projects as specified by, or of financial position date and the reported amounts of revenues and expenses mutually agreed upon with the sponsors. during the year. Actual results could differ from those estimates. Balance Funding 2. Advances to related entity beginning received Recognized Balance of year during year as revenue end of year The advances to the Foundation for Women in Film and Television‑Toronto (“Foundation”), related by virtue of common board members, are non‑interest CRTC Benefit Funds $ 145,285 $ 100,000 $ 167,428 $ 77,857 bearing and have no fixed terms of repayment. The advances were collected Picture Box Inc. 3,000 ‑ 3,000 ‑ subsequent to the year end. 2013 $ 148,285 $ 100,000 $ 170,428 $ 77,857 During the year, the Association received grants and sponsorships of $57,000 (2012 ‑ $42,750) from and paid $37,000 (2012 ‑ $31,600) rent to the 2012 $ 99,857 $ 375,856 $ 327,428 $ 148,285 Foundation. The rent was a reimbursement of the office rent paid by the Foundation to a non‑arm’s length party.
Women in Film & Television – Toronto 2013 Annual Report 37 Women in Film & Television – Toronto Inc. Notes to Financial Statements
5. Banking facilities 8. Comparative figures
The Association has an operating credit facility of $60,000 which bears interest Certain prior year’s figures have been reclassified, where applicable, to conform at bank’s prime rate plus 1.55% per annum and is secured by a general security to the current year’s presentation. agreement. The balance as at December 31, 2013 was Nil (2012 ‑ Nil).
6. Financial instruments
The Association is exposed to the following risks in respect of certain of the financial instruments held:
(a) Credit risk
Financial instruments that potentially expose the Association to concentrations of credit risk consist primarily of accounts receivable. The Association performs periodic credit evaluations of the financial condition of its members. If necessary, allowances are maintained for potential credit losses consistent with the credit risk of specific members.
(b) Interest rate risk
It is management’s opinion that the Association is not exposed to significant interest rate risk.
7. Capital disclosure
The Association’s objectives when managing capital ‑ defined as working capital (current assets less current liabilities) ‑ are to maintain financial strength and manage liquidity requirements while undertaking its objectives.
The Association manages the capital structure and makes adjustments to it in light of changes in economic conditions and the risk of the underlying assets, and this objective is met by retaining adequate net assets to provide for the possibility that cash flows from revenues will not be sufficient to meet future cash flow requirements.
The Association is not subject to any externally imposed capital requirements.
Women in Film & Television – Toronto 2013 Annual Report 38 Our Partners
Corporate Social Benefits Donors
Platinum Partners
Gold Partners
Silver Partners
Bronze Partners
Women in Film & Television – Toronto 2013 Annual Report 39 Our Partners
Media Partner
Educational Partners
Community Partners
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Women in Film & Television – Toronto 2013 Annual Report 40 Women in Film & Television – Toronto 110 Eglinton Avenue East, Suite 601 Toronto, Ontario M4P 2Y1 416-322-3430 wift.com
Women in Film & Television – Toronto 2013 Annual Report 41