Is The Picture House Regional Film Center Inc Legit?

Quick charity verification for The Picture House Regional Film Center Inc (EIN: 200105851)

Verdict: The Picture House Regional Film Center Inc shows mixed signals

65/100Mission Score

$2.0MRevenue

$2.5MAssets

3Red Flags

3Strengths

Red Flags

Consistent operational deficits, with expenses exceeding revenue in most recent years (e.g., $361,367 deficit in 2023, $509,186 deficit in 2022).
Significant increase in liabilities from $430,609 in 2019 to $1,984,588 in 2023, indicating potential reliance on debt or other obligations.
Unusual reporting of 0% officer compensation across all filings for an organization with nearly $2 million in revenue, which could indicate compensation is reported differently or through related entities.

Strengths

Consistent growth in total assets, reaching over $3 million in 2023, indicating a growing resource base.
Sustained operational presence and revenue generation over a decade, demonstrating resilience and community engagement.
Reported 0% officer compensation, suggesting a commitment to minimizing executive overhead and potentially maximizing funds for programs.

Spending Breakdown

How The Picture House Regional Film Center Inc allocates its funds across programs, administration, and fundraising.

75%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

10%

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about The Picture House Regional Film Center Inc

Is The Picture House Regional Film Center Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, The Picture House Regional Film Center Inc (EIN: 200105851) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is The Picture House Regional Film Center Inc a good charity to donate to?

The Picture House Regional Film Center Inc has a Mission Score of 65/100. Revenue: $2.0M. Assets: $2.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The Picture House Regional Film Center Inc?

The Employer Identification Number (EIN) for The Picture House Regional Film Center Inc is 200105851. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does The Picture House Regional Film Center Inc spend its money?

The Picture House Regional Film Center Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify The Picture House Regional Film Center Inc's tax-exempt status?

You can verify The Picture House Regional Film Center Inc's tax-exempt status using EIN 200105851 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Picture House Regional Film Center Inc has demonstrated consistent operational activity over the past decade, with revenues generally increasing, reaching a peak of $1,814,922 in 2023. However, the organization has frequently operated at a deficit, with expenses exceeding revenue in most recent years, including a significant deficit of $361,367 in 2023 ($1,814,922 revenue vs. $2,176,289 expenses) and $509,186 in 2022 ($1,795,117 revenue vs. $2,304,303 expenses). This trend of spending more than it earns could pose long-term financial sustainability challenges if not addressed. Despite these operational deficits, the organization's assets have shown growth, reaching $3,057,072 in 2023, though liabilities have also increased substantially, reaching $1,984,588 in 2023, indicating a reliance on debt or deferred revenue.

The organization's financial health appears to be in a precarious balance, with growing assets offset by increasing liabilities and consistent operational losses. While the mission of a regional film center often involves significant program costs, the sustained deficits warrant closer examination of spending efficiency. The consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing administrative overhead at the executive level, which is a positive indicator of transparency and resource allocation. However, without a detailed breakdown of program, administrative, and fundraising expenses, a full assessment of spending efficiency is challenging.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.