Film Streams Inc
Film Streams Inc. maintains strong assets despite recent operating deficits and reports no officer compensation.
EIN: 202549448 · Omaha, NE · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $3.1M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $2.5 |
| Net Assets | $12.4M |
| Transparency Score | 85/100 |
Is Film Streams Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Film Streams Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Film Streams Inc
Film Streams Inc (EIN: 202549448) is a nonprofit organization based in Omaha, NE. The organization reported total revenue of $2.6M and total assets of $12.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Film Streams Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Film Streams Inc is a mid-size 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 6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $3.1M |
| Surplus / Deficit | $-529,202 |
| Total Assets | $12.6M |
| Total Liabilities | $217K |
| Net Assets | $12.4M |
| Operating Margin | -20.9% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 49.4 months |
Financial Health Grade: B
In 2023, Film Streams Inc reported a deficit of $529K with expenses exceeding revenue, holds 49.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Film Streams Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.3% | +14.4% | -4.0% |
| 2022 | +6.4% | +22.3% | -0.9% |
| 2021 | -19.0% | -2.4% | +1.6% |
| 2020 | +4.1% | -15.8% | +4.2% |
| 2019 | +0.2% | +1.4% | +1.4% |
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 Film Streams Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Film Streams Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $529K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.7%.
Executive Compensation Analysis
Film Streams Inc. consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with annual expenses exceeding $2.5 million. This could indicate a volunteer executive leadership or that compensation is categorized differently, requiring further clarification for complete transparency.
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 Film Streams Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 2023 expenses of $3,065,490 exceeded revenue of $2,536,288)
- Unusual reporting of 0% officer compensation across all filings, which may obscure executive remuneration if it's categorized elsewhere.
Strengths
The following positive indicators were identified for Film Streams Inc:
- Strong asset base, with $12,611,708 in 2023, providing financial stability.
- Low liabilities relative to assets and revenue, indicating good financial health ($216,662 in 2023).
- History of significant revenue generation, including peaks of over $5 million in 2016 and 2017.
- Consistent operation for over a decade, demonstrating organizational longevity.
Frequently Asked Questions about Film Streams Inc
Is Film Streams Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Film Streams Inc (EIN: 202549448) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Film Streams Inc spend its money?
Film Streams Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Film Streams Inc tax-deductible?
Film Streams Inc is registered as a tax-exempt nonprofit (EIN: 202549448). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Film Streams Inc CEO make?
Film Streams Inc's highest-compensated officer earns $2.5 annually. The organization reported $2.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Film Streams Inc's spending goes to programs?
Film Streams Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Film Streams Inc located?
Film Streams Inc is headquartered in Omaha, Nebraska and files with the IRS under EIN 202549448.
How many years of IRS 990 filings does Film Streams Inc have?
Film Streams Inc 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 $2.6M in total revenue.
Is Film Streams Inc. a good charity?
Based on the available data, Film Streams Inc. appears to be a well-managed organization with substantial assets and a history of strong program delivery. The consistent reporting of 0% officer compensation is a unique aspect that could be viewed positively for resource allocation, assuming executive functions are adequately covered. Their financial stability, despite recent operating deficits, suggests resilience.
Why does Film Streams Inc. report 0% officer compensation?
The IRS 990 filings consistently show 0% officer compensation. This could mean that the organization's executive leadership is entirely volunteer-based, or that compensation for individuals performing officer duties is reported under other salary or contractor categories, rather than specifically as 'officer compensation'. Further detail from the organization would be needed to understand this fully.
What caused the significant revenue fluctuations in 2016 and 2017?
Film Streams Inc. saw a substantial increase in revenue to $6,759,297 in 2016 and $5,919,514 in 2017, compared to typical revenues around $2.5 million. This could indicate a major capital campaign, a large one-time grant, or a significant fundraising event during those years. Without more detailed financial statements, the exact cause cannot be determined from the 990 summary data alone.
Filing History
IRS 990 filing history for Film Streams Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Film Streams Inc's revenue has grown by 118.7%, moving from $1.2M to $2.5M. Total assets increased by 710.4% over the same period, from $1.6M to $12.6M. Total functional expenses rose by 183.3%, from $1.1M to $3.1M. In its most recent filing year (2023), Film Streams Inc reported a deficit of $529K, with expenses exceeding revenue. The organization holds $217K in liabilities against $12.6M in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $12.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $3.1M | $12.6M | $217K | — | — |
| 2022 | $2.5M | $2.7M | $13.1M | $208K | — | View 990 |
| 2021 | $2.4M | $2.2M | $13.3M | $198K | — | View 990 |
| 2020 | $3.0M | $2.2M | $13.0M | $185K | — | View 990 |
| 2019 | $2.8M | $2.7M | $12.5M | $367K | — | View 990 |
| 2018 | $2.8M | $2.6M | $12.3M | $364K | — | View 990 |
| 2017 | $5.9M | $2.0M | $14.1M | $2.4M | — | View 990 |
| 2016 | $6.8M | $1.5M | $9.1M | $1.3M | — | View 990 |
| 2015 | $1.7M | $1.4M | $4.0M | $1.4M | — | View 990 |
| 2014 | $1.5M | $1.3M | $3.9M | $1.7M | — | View 990 |
| 2013 | $1.5M | $1.3M | $4.0M | $1.9M | — | View 990 |
| 2012 | $1.6M | $1.2M | $3.8M | $1.9M | — | View 990 |
| 2011 | $1.2M | $1.1M | $1.6M | $129K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $3.1M, and assets of $12.6M (revenue -0.3% year-over-year).
- 2022: Revenue of $2.5M, expenses of $2.7M, and assets of $13.1M (revenue +6.4% year-over-year).
- 2021: Revenue of $2.4M, expenses of $2.2M, and assets of $13.3M (revenue -19.0% year-over-year).
- 2020: Revenue of $3.0M, expenses of $2.2M, and assets of $13.0M (revenue +4.1% year-over-year).
- 2019: Revenue of $2.8M, expenses of $2.7M, and assets of $12.5M (revenue +0.2% year-over-year).
- 2018: Revenue of $2.8M, expenses of $2.6M, and assets of $12.3M (revenue -52.2% year-over-year).
- 2017: Revenue of $5.9M, expenses of $2.0M, and assets of $14.1M (revenue -12.4% year-over-year).
- 2016: Revenue of $6.8M, expenses of $1.5M, and assets of $9.1M (revenue +307.0% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.4M, and assets of $4.0M (revenue +9.6% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.3M, and assets of $3.9M (revenue +3.5% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.3M, and assets of $4.0M (revenue -11.1% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.2M, and assets of $3.8M (revenue +41.9% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.1M, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Film Streams Inc:
Data Sources and Methodology
This transparency report for Film Streams Inc 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.