Denver Film Society

Analysis

Denver Film Society is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in December 1978, 48 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 January 2024, Denver Film Society reported income of $9.0m and spending of $7.4m, spending 82% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $6.4m to $9.0m (+40%), an average of +8.8% a year. The sharpest change came in the year to January 2022, when income rose by 90%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Denver Film Society sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CO. Charities of a similar size with the same main cause include Lynnewood Hall Preservation Foundation Inc ($9.0m), Glass-Glen Burnie Museum Inc ($9.0m) and Asm International ($8.9m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 74% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $256k (3.5% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $5.2m against liabilities of $605k, net assets of $4.6m. It reported 104 employees.