Swell Cinema

Analysis

Swell Cinema is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 1998, 28 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, Swell Cinema reported income of $97k and spending of $110k, spending 113% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income grew from $10k to $97k (+868%), an average of +211% a year. The sharpest change came in the year to December 2022, when income rose by 1022%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Swell Cinema sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Landmarks of Dekalb County Inc ($97k), Caladium Arts & Crafts Cooperative Inc ($97k) and Amor Por Juarez ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $24k against liabilities of $611, net assets of $24k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.