Cinestory Inc

Analysis

Cinestory Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 1998, 28 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 June 2023, Cinestory Inc reported income of $219k and spending of $210k, spending 96% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $160k to $219k (+37%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cinestory Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Friends of Clermont ($219k), Aloha Kuamoo Aina ($219k) and Public Assistants Inc ($219k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.1% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $5,000 (2.4% of expenses). Other salaries and wages came to $68k. At year end it held assets of $108k against liabilities of $0, net assets of $108k.