Cinemama

Analysis

Cinemama is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in September 2023, 3 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, Cinemama reported income of $273k and spending of $29k, leaving 90% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $273k (+281%), an average of +281% a year. The sharpest change came in the year to December 2023, when income rose by 281%. Over the whole period it spent 36% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cinemama sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Town of Normal Childrens Discovery Museum Foundation ($273k), Massachusetts Air and Space Museum Inc ($274k) and Inchelium Language and Cultural Assocation ($273k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $13k (44% of expenses). At year end it held assets of $248k against liabilities of $0, net assets of $248k.