Cine Billings

Analysis

Cine Billings is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in September 2014, 12 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, Cine Billings reported income of $1.1m and spending of $981k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $842k to $1.1m (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cine Billings sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within MT. Charities of a similar size with the same main cause include Nantucket Community Television Inc ($1.1m), Living Jazz ($1.1m) and Center for Interfaith Relations Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $40k (4.0% of expenses). Other salaries and wages came to $75k. At year end it held assets of $2.3m against liabilities of $665k, net assets of $1.7m. It reported 19 employees.