Film Streams Inc

Analysis

Film Streams Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in May 2005, 21 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Film Streams Inc reported income of $2.5m and spending of $3.1m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.8m to $2.5m (-11%), an average of -2.7% a year. The sharpest change came in the year to December 2021, when income dropped by 19%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Film Streams Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within NE. Charities of a similar size with the same main cause include Oxnard-Pathway to Educated Nutrition Inc ($2.5m), River City Housing Inc ($2.5m) and McCrossan Foundation Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $251k (8.2% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $12.6m against liabilities of $217k, net assets of $12.4m. It reported 47 employees.