As a Crown corporation, it is funded by the provincial government through the Department of Sport, Culture and Heritage.
[1] Overseen by a nine-member board of directors, MFM's purpose is to foster, develop, and promote the film- and sound-recording industries of Manitoba.
[citation needed] MFM reported CA$173 million in production revenue for 2017.
[1] Further helping MFM in its gains, on 15 January 2019, Manitoba Culture Minister Cathy Cox announced that the provincial government would be making permanent its Film and Video Tax Credit, which reduces film-makers labour costs, encouraging productions to use local talent, which in turn allows local artists to find employment closer to home.
[5] That year, Manitoba Film and Music projected a record high in revenue, looking at “a quarter billion" dollars.