Red River Film Society Inc

Analysis

Red River Film Society Inc is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in October 2003, 23 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, Red River Film Society Inc reported income of $907k and spending of $1.3m, spending 148% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $907k (-20%), an average of -5.3% a year. The sharpest change came in the year to June 2022, when income rose by 45%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Red River Film Society Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within LA. Charities of a similar size with the same main cause include Sunflower Creative Arts Inc ($906k), Mabee-Gerrer Museum of Art Inc ($907k) and Friends Of@cincinnati Landmark Productions ($906k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $141k (10% of expenses). Other salaries and wages came to $488k. At year end it held assets of $3.0m against liabilities of $722k, net assets of $2.3m. It reported 61 employees.