Filmforum Inc

Analysis

Filmforum Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 1986, 40 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, Filmforum Inc reported income of $304k and spending of $207k, leaving 32% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $202k to $304k (+51%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Filmforum Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include International Focus Inc ($303k), Chesapeake Crossroads Heritage Area Inc ($304k) and The Sandy Hook Foundation Inc ($303k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.2% of the total. At year end it held assets of $240k against liabilities of $2,809, net assets of $237k. It reported 2 employees.