Salt Lake Film Society

Analysis

Salt Lake Film Society is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in April 2002, 24 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, Salt Lake Film Society reported income of $2.7m and spending of $3.1m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.3m to $2.7m (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Salt Lake Film Society sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within UT. Charities of a similar size with the same main cause include Delta Air Transport Heritage Museum Inc ($2.7m), Auricle Communications ($2.7m) and Midwest Old Settlers and Threshers Assn Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $136k (4.4% of expenses). Other salaries and wages came to $952k. At year end it held assets of $8.7m against liabilities of $5.4m, net assets of $3.2m. It reported 24 employees.