Colorado Film Society

Analysis

Colorado Film Society is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Colorado Film Society reported income of $723k and spending of $753k, spending 104% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $729k to $723k (-0.7%), an average of -0.2% a year. The sharpest change came in the year to May 2022, when income rose by 119%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Colorado Film Society sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within CO. Charities of a similar size with the same main cause include Attleboro Access Cable System Inc ($723k), Red Eagle Soaring ($723k) and Bindlestiff Family Variety Arts Inc ($723k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $221k (29% of expenses). Other salaries and wages came to $53k. At year end it held assets of $463k against liabilities of $2,423, net assets of $460k. It reported 7 employees.