True West Film Center

Analysis

True West Film Center is a registered charity in United States, based in Healdsburg, CA. It received its IRS tax-exemption ruling in July 2015, 11 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, True West Film Center reported income of $1.9m and spending of $897k, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $284k to $1.9m (+553%), an average of +60% a year. The sharpest change came in the year to December 2022, when income rose by 173%. Over the whole period it spent 60% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, True West Film Center sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Photographic Society of America ($1.9m), Walking Iris Media ($1.9m) and Wishtoyo Foundation ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $132k (15% of expenses). Other salaries and wages came to $333k. At year end it held assets of $2.1m against liabilities of $221k, net assets of $1.8m. It reported 13 employees.