Colorado Film Society
Colorado Film Society consistently operates without executive compensation, maintaining stable finances and growing assets.
EIN: 201518600 · Boulder, CO · NTEE: A31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $806K |
| Total Expenses | $753K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $700,000 |
| Net Assets | $460K |
| Transparency Score | 90/100 |
Is Colorado Film Society Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Colorado Film Society directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Colorado Film Society
Colorado Film Society (EIN: 201518600) is a nonprofit organization based in Boulder, CO, classified under NTEE code A31. The organization reported total revenue of $806K and total assets of $455K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Colorado Film Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Colorado Film Society is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $723K |
| Total Expenses | $753K |
| Surplus / Deficit | $-30,288 |
| Total Assets | $463K |
| Total Liabilities | $2K |
| Net Assets | $460K |
| Operating Margin | -4.2% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 7.4 months |
Financial Health Grade: B
In 2023, Colorado Film Society reported a deficit of $30K with expenses exceeding revenue, holds 7.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Colorado Film Society's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.9% | -16.9% | -6.1% |
| 2022 | +118.8% | +110.5% | +21.3% |
| 2021 | -41.6% | -41.8% | +7.6% |
| 2020 | +6.3% | +12.3% | +5.5% |
| 2019 | +13.3% | +8.2% | +24.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Colorado Film Society with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Colorado Film Society allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $30K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly unusual for an organization with annual revenues often exceeding $700,000 and suggests a volunteer-led or very lean leadership structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Colorado Film Society's IRS 990 filings:
- Slight deficit in the most recent filing (202305: Expenses $753,482 > Revenue $723,194), though minor in context of overall history.
Strengths
The following positive indicators were identified for Colorado Film Society:
- Consistent 0% officer compensation across all filings, indicating high efficiency and mission focus.
- Steady growth in assets over the past decade, from $232,814 in 201412 to $462,820 in 202305.
- Very low liabilities across all reporting periods, demonstrating strong financial stability.
- Long and consistent IRS 990 filing history (13 filings), indicating transparency and compliance.
- Generally positive net income in most years, showing effective financial management.
Frequently Asked Questions about Colorado Film Society
Is Colorado Film Society a legitimate charity?
Colorado Film Society (EIN: 201518600) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $806K. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Colorado Film Society spend its money?
Colorado Film Society directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Colorado Film Society tax-deductible?
Colorado Film Society is registered as a tax-exempt nonprofit (EIN: 201518600). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Colorado Film Society CEO make?
Colorado Film Society's highest-compensated officer earns $700,000 annually. The organization reported $806K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Colorado Film Society's spending goes to programs?
Colorado Film Society directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Colorado Film Society compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Colorado Film Society is above average for NTEE category A31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Colorado Film Society located?
Colorado Film Society is headquartered in Boulder, Colorado and files with the IRS under EIN 201518600. It is classified under NTEE code A31.
How many years of IRS 990 filings does Colorado Film Society have?
Colorado Film Society has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $806K in total revenue.
Is Colorado Film Society a good charity?
Based on the provided IRS 990 data, the Colorado Film Society appears to be a very good charity. It consistently reports 0% officer compensation, indicating that funds are not used for executive salaries. The organization has shown consistent revenue generation, controlled expenses, and growing assets over the past decade, demonstrating strong financial health and efficient use of resources.
How has the organization's financial health changed over time?
The organization's financial health has generally improved over time. Assets have steadily grown from $232,814 in 201412 to $462,820 in 202305. While revenues and expenses fluctuate year-to-year, the organization has largely maintained a positive net position, with liabilities remaining very low, indicating stability and growth.
What is the trend in revenue and expenses?
Revenue and expenses have shown an upward trend over the decade, with significant fluctuations. For example, revenue peaked at $989,406 in 202205 and was $723,194 in 202305. Expenses generally track revenue, indicating active operations. The organization has mostly managed to keep expenses below or close to revenue, ensuring operational sustainability.
Are there any concerns about executive compensation?
No, there are no concerns about executive compensation. The IRS 990 filings consistently report 0% officer compensation for all periods, which is a strong positive indicator of the organization's commitment to directing funds towards its mission rather than executive salaries.
Filing History
IRS 990 filing history for Colorado Film Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Colorado Film Society's revenue has grown by 71.1%, moving from $423K to $723K. Total assets increased by 178.7% over the same period, from $166K to $463K. Total functional expenses rose by 76.3%, from $428K to $753K. In its most recent filing year (2023), Colorado Film Society reported a deficit of $30K, with expenses exceeding revenue. The organization holds $2K in liabilities against $463K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $460K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $723K | $753K | $463K | $2K | — | View 990 |
| 2022 | $989K | $907K | $493K | $2K | — | View 990 |
| 2021 | $452K | $431K | $406K | $-1,857 | — | View 990 |
| 2020 | $774K | $740K | $377K | $-9,406 | — | View 990 |
| 2019 | $729K | $659K | $358K | $5K | — | View 990 |
| 2018 | $643K | $609K | $288K | $6K | — | View 990 |
| 2017 | $601K | $594K | $249K | $1K | — | View 990 |
| 2016 | $342K | $360K | $244K | $3K | — | View 990 |
| 2015 | $591K | $555K | $263K | $3K | — | View 990 |
| 2014 | $556K | $513K | $233K | $8K | — | View 990 |
| 2013 | $517K | $487K | $187K | $6K | — | View 990 |
| 2012 | $501K | $444K | $152K | $843 | — | View 990 |
| 2011 | $423K | $428K | $166K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $723K, expenses of $753K, and assets of $463K (revenue -26.9% year-over-year).
- 2022: Revenue of $989K, expenses of $907K, and assets of $493K (revenue +118.8% year-over-year).
- 2021: Revenue of $452K, expenses of $431K, and assets of $406K (revenue -41.6% year-over-year).
- 2020: Revenue of $774K, expenses of $740K, and assets of $377K (revenue +6.3% year-over-year).
- 2019: Revenue of $729K, expenses of $659K, and assets of $358K (revenue +13.3% year-over-year).
- 2018: Revenue of $643K, expenses of $609K, and assets of $288K (revenue +7.1% year-over-year).
- 2017: Revenue of $601K, expenses of $594K, and assets of $249K (revenue +75.8% year-over-year).
- 2016: Revenue of $342K, expenses of $360K, and assets of $244K (revenue -42.2% year-over-year).
- 2015: Revenue of $591K, expenses of $555K, and assets of $263K (revenue +6.3% year-over-year).
- 2014: Revenue of $556K, expenses of $513K, and assets of $233K (revenue +7.5% year-over-year).
- 2013: Revenue of $517K, expenses of $487K, and assets of $187K (revenue +3.2% year-over-year).
- 2012: Revenue of $501K, expenses of $444K, and assets of $152K (revenue +18.6% year-over-year).
- 2011: Revenue of $423K, expenses of $428K, and assets of $166K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Colorado Film Society:
Data Sources and Methodology
This transparency report for Colorado Film Society is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.