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The First Run Festival is an annual event showcasing over 120 intermediate and advanced projects in film, video, and animation.[ citation needed] It is presented by the Kanbar Institute of Film & Television and held in New York City. [1] [2] The event first ran in 1986. [3] The selection runs a gamut of undergraduate and graduate films ranging between narratives, documentaries and animation produced during the filmmakers' time in the program.[ citation needed] The work is evaluated by a trio of juries: a three-judge Undergraduate Intermediate panel looks at submissions from junior level courses; the Graduate Industry and Undergraduate Industry panels each have six judges.[ citation needed] The selections are then sent toward the respective faculty panels to announce the final top three winners.[ citation needed]
This annual week-long festival begins with the Craft Awards Ceremony and Wasserman Finalists Announcement and culminates with the Wasserman Awards Ceremony featuring the Charles and Lucille King Family Foundation Awards.[ citation needed] The students' films and videos compete annually for over $50,000 in cash awards.[ citation needed] Following First Run each year, the Wasserman Award finalist films and videos are screened in Hollywood for industry professionals and the public.[ citation needed] Past years' showcases had been held at the Directors Guild of America.[ citation needed]