The Hi/Lo Film Festival was founded in 1997 by Brian L. Perkins and Marc Vogl for the purposes of celebrating the high concept works of low-budget filmmakers. The fest sports not one but two slogans that capture its spirit: "High Concept, Low Budget Films for the Adventurous and Disenchanted"; and "...because $40 million can kill a good idea." Though not at all limited to comedic films, the Hi/Lo Film Festival is produced by San Francisco sketch comedy troupe Killing My Lobster.