Little Theatre Film Society Inc
Little Theatre Film Society Inc shows strong asset growth and no reported officer compensation, despite recent operating deficit.
EIN: 161555371 · Rochester, NY · NTEE: A40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $1.9M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $2,713,229. |
| Net Assets | $3.8M |
| Transparency Score | 85/100 |
Is Little Theatre Film Society Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Little Theatre Film Society Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Little Theatre Film Society Inc
Little Theatre Film Society Inc (EIN: 161555371) is a nonprofit organization based in Rochester, NY, classified under NTEE code A40. The organization reported total revenue of $2.7M and total assets of $5.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Little Theatre Film Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Little Theatre Film Society Inc is a mid-size nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-448,604 |
| Total Assets | $4.6M |
| Total Liabilities | $754K |
| Net Assets | $3.8M |
| Operating Margin | -30.5% |
| Debt-to-Asset Ratio | 16.5% |
| Months of Reserves | 28.5 months |
Financial Health Grade: B
In 2023, Little Theatre Film Society Inc reported a deficit of $449K with expenses exceeding revenue, holds 28.5 months of operating reserves (strong position), has a debt-to-asset ratio of 16.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Little Theatre Film Society Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -39.3% | +5.0% | -2.9% |
| 2022 | +166.2% | +60.7% | -4.0% |
| 2021 | -50.3% | -33.0% | -0.5% |
| 2020 | +12.7% | +5.2% | +59.7% |
| 2019 | -13.5% | -13.7% | +50.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1999 |
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 Little Theatre Film Society 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, Little Theatre Film Society 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 $449K, with expenses exceeding revenue.
- Debt-to-asset ratio: 16.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through non-officer categories, which is highly favorable for an organization of its size with latest revenue of $2,713,229.
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 Little Theatre Film Society Inc's IRS 990 filings:
- Operating deficit in the most recent fiscal period (202306), where expenses ($1,917,504) exceeded revenue ($1,468,900).
Strengths
The following positive indicators were identified for Little Theatre Film Society Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency and transparency.
- Significant asset growth from $2,046,166 in 201806 to $4,561,898 in 202306.
- Long history of IRS 990 filings (13 filings), demonstrating commitment to compliance and public accountability.
- Assets consistently exceed liabilities, indicating a stable financial position.
- Recovery in revenue from a low of $909,225 in 202106 to $2,420,176 in 202206.
Frequently Asked Questions about Little Theatre Film Society Inc
Is Little Theatre Film Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Little Theatre Film Society Inc (EIN: 161555371) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Little Theatre Film Society Inc spend its money?
Little Theatre Film Society Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Little Theatre Film Society Inc tax-deductible?
Little Theatre Film Society Inc is registered as a tax-exempt nonprofit (EIN: 161555371). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Little Theatre Film Society Inc CEO make?
Little Theatre Film Society Inc's highest-compensated officer earns $2,713,229. annually. The organization reported $2.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Little Theatre Film Society Inc's spending goes to programs?
Little Theatre Film Society Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Little Theatre Film Society Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Little Theatre Film Society Inc is above average for NTEE category A40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Little Theatre Film Society Inc located?
Little Theatre Film Society Inc is headquartered in Rochester, New York and files with the IRS under EIN 161555371. It is classified under NTEE code A40.
How many years of IRS 990 filings does Little Theatre Film Society Inc have?
Little Theatre Film Society 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 $2.7M in total revenue.
Is Little Theatre Film Society Inc a good charity?
Based on the available data, Little Theatre Film Society Inc appears to be a good charity. It demonstrates strong financial health with growing assets, consistent IRS 990 filings, and notably, 0% reported officer compensation, indicating a high level of financial efficiency and transparency.
How has the organization's revenue trended?
Revenue has fluctuated, with a low of $909,225 in 202106 and a high of $2,420,176 in 202206. The most recent filing for 202306 shows revenue at $1,468,900, which is a decrease from the prior year.
What is the organization's asset growth like?
The organization has shown significant asset growth, increasing from $2,046,166 in 201806 to $4,561,898 in 202306, nearly doubling its asset base in five years.
Are there any concerns about executive pay?
No, there are no concerns about executive pay. All available filings consistently report 0% officer compensation, which is a strong indicator of efficient use of funds and transparency.
Did the organization operate at a deficit recently?
Yes, in the 202306 period, the organization's expenses ($1,917,504) exceeded its revenue ($1,468,900), resulting in an operating deficit for that year.
Filing History
IRS 990 filing history for Little Theatre Film Society Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Little Theatre Film Society Inc's revenue has grown by 6%, moving from $1.4M to $1.5M. Total assets increased by 251.2% over the same period, from $1.3M to $4.6M. Total functional expenses rose by 48.4%, from $1.3M to $1.9M. In its most recent filing year (2023), Little Theatre Film Society Inc reported a deficit of $449K, with expenses exceeding revenue. The organization holds $754K in liabilities against $4.6M in assets (debt-to-asset ratio: 16.5%), resulting in net assets of $3.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.9M | $4.6M | $754K | — | View 990 |
| 2022 | $2.4M | $1.8M | $4.7M | $698K | — | View 990 |
| 2021 | $909K | $1.1M | $4.9M | $732K | — | View 990 |
| 2020 | $1.8M | $1.7M | $4.9M | $869K | — | View 990 |
| 2019 | $1.6M | $1.6M | $3.1M | $597K | — | View 990 |
| 2018 | $1.9M | $1.9M | $2.0M | $1.1M | — | View 990 |
| 2017 | $1.6M | $1.8M | $1.9M | $975K | — | View 990 |
| 2016 | $1.9M | $1.8M | $2.0M | $865K | — | View 990 |
| 2015 | $1.8M | $1.8M | $2.1M | $1.0M | — | View 990 |
| 2014 | $1.9M | $1.7M | $2.1M | $1.0M | — | View 990 |
| 2013 | $1.7M | $1.5M | $1.9M | $1.1M | — | View 990 |
| 2012 | $725K | $686K | $1.3M | $754K | — | View 990 |
| 2011 | $1.4M | $1.3M | $1.3M | $772K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.9M, and assets of $4.6M (revenue -39.3% year-over-year).
- 2022: Revenue of $2.4M, expenses of $1.8M, and assets of $4.7M (revenue +166.2% year-over-year).
- 2021: Revenue of $909K, expenses of $1.1M, and assets of $4.9M (revenue -50.3% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.7M, and assets of $4.9M (revenue +12.7% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.6M, and assets of $3.1M (revenue -13.5% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.9M, and assets of $2.0M (revenue +18.3% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.8M, and assets of $1.9M (revenue -16.1% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.8M, and assets of $2.0M (revenue +4.7% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.8M, and assets of $2.1M (revenue -7.0% year-over-year).
- 2014: Revenue of $1.9M, expenses of $1.7M, and assets of $2.1M (revenue +12.2% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.5M, and assets of $1.9M (revenue +138.9% year-over-year).
- 2012: Revenue of $725K, expenses of $686K, and assets of $1.3M (revenue -47.7% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.3M, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Little Theatre Film Society Inc:
Data Sources and Methodology
This transparency report for Little Theatre Film Society 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.