Olympia Film Society
EIN: 911110849 · Olympia, WA · NTEE: A31
| Metric | Value |
|---|---|
| Total Revenue | $881K |
| Total Expenses | $618K |
| Net Assets | $423K |
Is Olympia Film Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Olympia Film Society
Olympia Film Society (EIN: 911110849) is a nonprofit organization based in Olympia, WA, classified under NTEE code A31. The organization reported total revenue of $881K and total assets of $677K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Olympia Film Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Olympia Film Society is a small nonprofit that has been operating for 6 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $531K |
| Total Expenses | $618K |
| Surplus / Deficit | $-86,912 |
| Total Assets | $852K |
| Total Liabilities | $430K |
| Net Assets | $423K |
| Operating Margin | -16.4% |
| Debt-to-Asset Ratio | 50.4% |
| Months of Reserves | 16.6 months |
Financial Health Grade: C
In 2023, Olympia Film Society reported a deficit of $87K with expenses exceeding revenue, holds 16.6 months of operating reserves (strong position), has a debt-to-asset ratio of 50.4% (high leverage).
Financial Trends
Over 11 years of filings (2011–2023), Olympia Film Society's revenue has grown at a compound annual growth rate (CAGR) of 9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.7% | +11.4% | +3.0% |
| 2022 | -12.6% | +61.6% | -17.3% |
| 2021 | +95.7% | +24.6% | +52.4% |
| 2020 | -34.7% | -42.5% | +30.9% |
| 2019 | +98.4% | +100.6% | +54.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Olympia Film Society has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Olympia Film Society with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $87K, with expenses exceeding revenue.
- Debt-to-asset ratio: 50.4%.
Frequently Asked Questions about Olympia Film Society
Is Olympia Film Society a legitimate charity?
Olympia Film Society (EIN: 911110849) is a registered tax-exempt nonprofit based in Washington. It has 11 years of IRS 990 filings on record. Total revenue: $881K. No red flags identified. Financial health grade: C.
How does Olympia Film Society spend its money?
Olympia Film Society reported $881K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Olympia Film Society tax-deductible?
Olympia Film Society is registered as a tax-exempt nonprofit (EIN: 911110849). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Olympia Film Society located?
Olympia Film Society is headquartered in Olympia, Washington and files with the IRS under EIN 911110849. It is classified under NTEE code A31.
How many years of IRS 990 filings does Olympia Film Society have?
Olympia Film Society has 11 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 $881K in total revenue.
Filing History
IRS 990 filing history for Olympia Film Society showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Olympia Film Society's revenue has grown by 194.5%, moving from $180K to $531K. Total assets increased by 91.5% over the same period, from $445K to $852K. Total functional expenses rose by 238%, from $183K to $618K. In its most recent filing year (2023), Olympia Film Society reported a deficit of $87K, with expenses exceeding revenue. The organization holds $430K in liabilities against $852K in assets (debt-to-asset ratio: 50.4%), resulting in net assets of $423K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $531K | $618K | $852K | $430K | — | — |
| 2022 | $534K | $554K | $827K | $312K | — | View 990 |
| 2021 | $611K | $343K | $1000K | $465K | — | View 990 |
| 2020 | $312K | $275K | $656K | $389K | — | — |
| 2019 | $478K | $479K | $501K | $271K | — | View 990 |
| 2015 | $241K | $239K | $324K | $163K | — | View 990 |
| 2015 | $467K | $470K | $331K | $172K | — | View 990 |
| 2014 | $436K | $428K | $336K | $178K | — | View 990 |
| 2013 | $385K | $394K | $357K | $207K | — | View 990 |
| 2012 | $346K | $430K | $353K | $195K | — | View 990 |
| 2011 | $180K | $183K | $445K | $203K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $531K, expenses of $618K, and assets of $852K (revenue -0.7% year-over-year).
- 2022: Revenue of $534K, expenses of $554K, and assets of $827K (revenue -12.6% year-over-year).
- 2021: Revenue of $611K, expenses of $343K, and assets of $1000K (revenue +95.7% year-over-year).
- 2020: Revenue of $312K, expenses of $275K, and assets of $656K (revenue -34.7% year-over-year).
- 2019: Revenue of $478K, expenses of $479K, and assets of $501K (revenue +98.4% year-over-year).
- 2015: Revenue of $241K, expenses of $239K, and assets of $324K (revenue -48.4% year-over-year).
- 2015: Revenue of $467K, expenses of $470K, and assets of $331K (revenue +7.2% year-over-year).
- 2014: Revenue of $436K, expenses of $428K, and assets of $336K (revenue +13.1% year-over-year).
- 2013: Revenue of $385K, expenses of $394K, and assets of $357K (revenue +11.5% year-over-year).
- 2012: Revenue of $346K, expenses of $430K, and assets of $353K (revenue +91.8% year-over-year).
- 2011: Revenue of $180K, expenses of $183K, and assets of $445K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Olympia Film Society:
Data Sources and Methodology
This transparency report for Olympia 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.