Aspenfilm

Analysis

Aspenfilm is a registered charity in United States, based in Aspen, CO. It received its IRS tax-exemption ruling in June 1988, 38 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 2024, Aspenfilm reported income of $1.3m and spending of $2.8m, spending 222% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $730k to $1.3m (+74%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 180%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Aspenfilm sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within CO. Charities of a similar size with the same main cause include Brattle Film Foundation Inc ($1.3m), Project Exploration ($1.3m) and Great Lakes Shipwreck Historical Society Inc ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 68% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $200k (7.1% of expenses). At year end it held assets of $3.6m against liabilities of $2.5m, net assets of $1.1m. It reported 10 employees.