Cinema Detroit

Analysis

Cinema Detroit is a registered charity in United States, based in Harper Woods, MI. It received its IRS tax-exemption ruling in June 2021, 5 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, Cinema Detroit reported income of $133k and spending of $127k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $212k to $133k (-38%), an average of -14% a year. The sharpest change came in the year to December 2023, when income rose by 89%. 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, Cinema Detroit sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within MI. Charities of a similar size with the same main cause include Nia Theatrical Production Company Incorporated ($133k), Minnesota Philharmonic Orchestra ($133k) and Co-Lab Projects ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 79% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.