The Frida Cinema

Analysis

The Frida Cinema is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in April 2010, 16 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Frida Cinema reported income of $1.5m and spending of $1.5m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $650k to $1.5m (+134%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Frida Cinema sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Too Young to Wed ($1.5m), Georgia Public Policy Foundation Inc ($1.5m) and Foundation for Earth Science Information Partners ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $135k (9.1% of expenses). Other salaries and wages came to $336k. At year end it held assets of $518k against liabilities of $501k, net assets of $17k. It reported 13 employees.