Des Moines Film Society

Analysis

Des Moines Film Society is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Des Moines Film Society reported income of $1.0m and spending of $1.0m, spending 103% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $316k to $1.0m (+217%), an average of +47% a year. The sharpest change came in the year to December 2022, when income rose by 77%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Des Moines Film Society 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 79th percentile, and in the 81st percentile within IA. Charities of a similar size with the same main cause include Huntington Childrens Museum Inc ($1.0m), Rocky Mountain Public Media Qalicb Inc ($1.0m) and Sacramento Childrens Museum ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $85k (8.2% of expenses). Other salaries and wages came to $214k. At year end it held assets of $991k against liabilities of $4,948, net assets of $986k. It reported 23 employees.