Frame of Mind Films Inc

Analysis

Frame of Mind Films Inc is a registered charity in United States, based in Albany, CA. It received its IRS tax-exemption ruling in September 2006, 20 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 December 2023, Frame of Mind Films Inc reported income of $178k and spending of $188k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $237k to $178k (-25%), an average of -6.9% a year. The sharpest change came in the year to December 2023, when income rose by 178%. Over the whole period it spent 121% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Frame of Mind Films Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Nevada Theatre Commission ($178k), Brownville Concert Series Inc ($178k) and Greater Kent Historical Society ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 6.7% of the total. At year end it held assets of $595k against liabilities of $605k, net assets of -$11k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.