Nantucket Film Foundation Incorporation
Nantucket Film Foundation shows fluctuating revenues and expenses, with 0% officer compensation reported.
EIN: 133865410 · Delhi, NY · NTEE: A20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.6M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1.5 |
| Net Assets | $178K |
| Transparency Score | 75/100 |
Is Nantucket Film Foundation Incorporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nantucket Film Foundation Incorporation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nantucket Film Foundation Incorporation
Nantucket Film Foundation Incorporation (EIN: 133865410) is a nonprofit organization based in Delhi, NY, classified under NTEE code A20. The organization reported total revenue of $1.8M and total assets of $374K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nantucket Film Foundation Incorporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nantucket Film Foundation Incorporation is a mid-size nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-1,704 |
| Total Assets | $415K |
| Total Liabilities | $237K |
| Net Assets | $178K |
| Operating Margin | -0.1% |
| Debt-to-Asset Ratio | 57.1% |
| Months of Reserves | 3.2 months |
Financial Health Grade: C
In 2023, Nantucket Film Foundation Incorporation reported a deficit of $2K with expenses exceeding revenue, holds 3.2 months of operating reserves (adequate), has a debt-to-asset ratio of 57.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Nantucket Film Foundation Incorporation's revenue has grown at a compound annual growth rate (CAGR) of 7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +97.5% | +59.2% | +2.4% |
| 2022 | +2.1% | +41.0% | -36.7% |
| 2021 | +16.2% | +30.8% | +28.3% |
| 2020 | -27.9% | -48.3% | +129.5% |
| 2019 | -3.9% | +5.8% | -24.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
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 Nantucket Film Foundation Incorporation with a Mission Score of 75 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Nantucket Film Foundation Incorporation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. 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 $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 57.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers. This suggests a volunteer-led executive structure or that compensation is covered through other means not classified as officer compensation, which is highly unusual for an organization with revenues exceeding $1.5 million.
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 Nantucket Film Foundation Incorporation's IRS 990 filings:
- Expenses frequently exceed revenue, indicating potential operational deficits (e.g., 202308, 202208, 201908).
- Significant increase in liabilities over the past few years, from $15,195 in 201408 to $237,122 in 202308, which could strain financial health.
- Consistent 0% officer compensation reported for an organization with over $1.5 million in revenue, which is unusual and might warrant further investigation into how leadership is supported or compensated.
Strengths
The following positive indicators were identified for Nantucket Film Foundation Incorporation:
- Consistent IRS 990 filing history (13 filings), demonstrating strong transparency and compliance.
- Reported 0% officer compensation across all filings, suggesting a commitment to minimizing executive overhead.
- Significant revenue growth in the latest period, with revenue reaching $1,816,096, indicating strong fundraising or program success.
Frequently Asked Questions about Nantucket Film Foundation Incorporation
Is Nantucket Film Foundation Incorporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Nantucket Film Foundation Incorporation (EIN: 133865410) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Nantucket Film Foundation Incorporation spend its money?
Nantucket Film Foundation Incorporation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nantucket Film Foundation Incorporation tax-deductible?
Nantucket Film Foundation Incorporation is registered as a tax-exempt nonprofit (EIN: 133865410). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Nantucket Film Foundation Incorporation CEO make?
Nantucket Film Foundation Incorporation's highest-compensated officer earns $1.5 annually. The organization reported $1.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Nantucket Film Foundation Incorporation's spending goes to programs?
Nantucket Film Foundation Incorporation directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Nantucket Film Foundation Incorporation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Nantucket Film Foundation Incorporation is above average for NTEE category A20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Nantucket Film Foundation Incorporation located?
Nantucket Film Foundation Incorporation is headquartered in Delhi, New York and files with the IRS under EIN 133865410. It is classified under NTEE code A20.
How many years of IRS 990 filings does Nantucket Film Foundation Incorporation have?
Nantucket Film Foundation Incorporation 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 $1.8M in total revenue.
Is Nantucket Film Foundation Incorporation financially stable?
The organization's financial stability shows fluctuations. While it has maintained operations for many years, expenses have frequently matched or slightly exceeded revenue (e.g., 202308, 202208), indicating tight margins. Liabilities have also increased in recent years, reaching $237,122 in 202308, which could impact long-term stability if not managed effectively.
How does the organization manage executive compensation?
The Nantucket Film Foundation Incorporation consistently reports 0% officer compensation in all available IRS 990 filings. This suggests that its officers are not compensated, or their compensation is reported under different categories, which is a notable practice for an organization of its size.
What is the trend in the organization's assets and liabilities?
Assets have fluctuated, reaching a high of $640,348 in 202108 and standing at $415,181 in 202308. Liabilities have shown an increasing trend in recent years, from $15,195 in 201408 to $237,122 in 202308, which is a significant increase relative to its assets.
Filing History
IRS 990 filing history for Nantucket Film Foundation Incorporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nantucket Film Foundation Incorporation's revenue has grown by 139.8%, moving from $653K to $1.6M. Total assets increased by 284.3% over the same period, from $108K to $415K. Total functional expenses rose by 161%, from $601K to $1.6M. In its most recent filing year (2023), Nantucket Film Foundation Incorporation reported a deficit of $2K, with expenses exceeding revenue. The organization holds $237K in liabilities against $415K in assets (debt-to-asset ratio: 57.1%), resulting in net assets of $178K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.6M | $415K | $237K | — | View 990 |
| 2022 | $793K | $984K | $406K | $226K | — | View 990 |
| 2021 | $776K | $698K | $640K | $269K | — | View 990 |
| 2020 | $668K | $534K | $499K | $206K | — | View 990 |
| 2019 | $926K | $1.0M | $217K | $58K | — | View 990 |
| 2018 | $964K | $976K | $289K | $24K | — | View 990 |
| 2017 | $919K | $930K | $296K | $19K | — | View 990 |
| 2016 | $893K | $911K | $319K | $31K | — | View 990 |
| 2015 | $919K | $939K | $323K | $17K | — | View 990 |
| 2014 | $912K | $807K | $342K | $15K | — | View 990 |
| 2013 | $886K | $734K | $236K | $14K | — | View 990 |
| 2012 | $719K | $714K | $110K | $41K | — | View 990 |
| 2011 | $653K | $601K | $108K | $43K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.6M, and assets of $415K (revenue +97.5% year-over-year).
- 2022: Revenue of $793K, expenses of $984K, and assets of $406K (revenue +2.1% year-over-year).
- 2021: Revenue of $776K, expenses of $698K, and assets of $640K (revenue +16.2% year-over-year).
- 2020: Revenue of $668K, expenses of $534K, and assets of $499K (revenue -27.9% year-over-year).
- 2019: Revenue of $926K, expenses of $1.0M, and assets of $217K (revenue -3.9% year-over-year).
- 2018: Revenue of $964K, expenses of $976K, and assets of $289K (revenue +4.9% year-over-year).
- 2017: Revenue of $919K, expenses of $930K, and assets of $296K (revenue +2.9% year-over-year).
- 2016: Revenue of $893K, expenses of $911K, and assets of $319K (revenue -2.9% year-over-year).
- 2015: Revenue of $919K, expenses of $939K, and assets of $323K (revenue +0.8% year-over-year).
- 2014: Revenue of $912K, expenses of $807K, and assets of $342K (revenue +2.9% year-over-year).
- 2013: Revenue of $886K, expenses of $734K, and assets of $236K (revenue +23.3% year-over-year).
- 2012: Revenue of $719K, expenses of $714K, and assets of $110K (revenue +10.1% year-over-year).
- 2011: Revenue of $653K, expenses of $601K, and assets of $108K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nantucket Film Foundation Incorporation:
Data Sources and Methodology
This transparency report for Nantucket Film Foundation Incorporation 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.