Out Film Ct Inc
Out Film CT Inc: Small but Steady, Financials Show Room for Growth
EIN: 222990670 · Hartford, CT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $108K |
| Total Expenses | $92K |
| Program Spending | 70% |
| Net Assets | $97K |
| Transparency Score | 75/100 |
Is Out Film Ct Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Out Film Ct Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Out Film Ct Inc
Out Film Ct Inc (EIN: 222990670) is a nonprofit organization based in Hartford, CT. The organization reported total revenue of $108K and total assets of $136K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Out Film Ct Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Out Film Ct Inc is a small nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $85K |
| Total Expenses | $92K |
| Surplus / Deficit | $-7,306 |
| Total Assets | $97K |
| Net Assets | $97K |
| Operating Margin | -8.6% |
| Months of Reserves | 12.6 months |
Financial Health Grade: B
In 2023, Out Film Ct Inc reported a deficit of $7K with expenses exceeding revenue, holds 12.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Out Film Ct Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.9% | +25.9% | -7.0% |
| 2022 | -22.7% | +37.2% | -3.9% |
| 2021 | +52.9% | +39.4% | +49.8% |
| 2020 | -8.6% | -42.9% | +38.7% |
| 2019 | -15.0% | -7.1% | -5.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Out Film Ct Inc 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Out Film Ct Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is not reported in the provided financial data, suggesting it is below the IRS reporting threshold for key employees, likely indicating a volunteer or very low-paid leadership structure given the organization's size.
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 Out Film Ct Inc's IRS 990 filings:
- Net assets have fluctuated, with a decrease from $108,373 in 2021 to $96,893 in 2023, indicating a slight decline in financial reserves.
- The organization reported zero lobbying or political campaign activities, which is typical for its size but limits advocacy potential.
Strengths
The following positive indicators were identified for Out Film Ct Inc:
- Consistent revenue generation over several years, demonstrating a stable base of support.
- Total assets have remained relatively stable, indicating prudent management of existing resources.
- The organization has consistently reported zero unrelated business income, focusing solely on its exempt purpose.
Frequently Asked Questions about Out Film Ct Inc
Is Out Film Ct Inc a legitimate charity?
Out Film Ct Inc (EIN: 222990670) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $108K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Out Film Ct Inc spend its money?
Out Film Ct Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Out Film Ct Inc tax-deductible?
Out Film Ct Inc is registered as a tax-exempt nonprofit (EIN: 222990670). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Out Film Ct Inc's spending goes to programs?
Out Film Ct Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Out Film Ct Inc located?
Out Film Ct Inc is headquartered in Hartford, Connecticut and files with the IRS under EIN 222990670.
How many years of IRS 990 filings does Out Film Ct Inc have?
Out Film Ct 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 $108K in total revenue.
What does Out Film Ct Inc do?
Out Film Ct Inc is a nonprofit organization in the Unknown sector, located in Hartford, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Out Film Ct Inc have?
Out Film Ct Inc reported total revenue of $108,218. Based on 13 IRS 990 filings on record.
What are Out Film Ct Inc's total assets?
Out Film Ct Inc holds total assets of $135,999 as reported in IRS 990 filings.
Where is Out Film Ct Inc located?
Out Film Ct Inc is based in Hartford, Connecticut.
What is Out Film Ct Inc's EIN?
Out Film Ct Inc's Employer Identification Number (EIN) is 222990670. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Out Film Ct Inc?
Out Film Ct Inc is classified under NTEE code Unknown (Unknown).
Is Out Film Ct Inc a registered 501(c)(3)?
Out Film Ct Inc appears in IRS records (EIN: 222990670). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Out Film Ct Inc file IRS Form 990?
Yes, Out Film Ct Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Out Film Ct Inc's revenue in 2023?
In the 202312 filing period, Out Film Ct Inc reported total revenue of $84,852, total expenses of $92,158, and net assets of $96,893.
Is Out Film Ct Inc's revenue growing or declining?
Out Film Ct Inc's revenue is growing. Revenue went from $69,051 (202212) to $84,852 (202312), a +22.9% change. Based on 13 filings on record.
What is Out Film Ct Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Out Film Ct Inc covers tax period 202312. It shows revenue of $84,852, expenses of $92,158, total assets of $96,893, and liabilities of N/A.
How much does Out Film Ct Inc spend on programs vs administration?
Based on IRS 990 analysis, Out Film Ct Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Out Film Ct Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Out Film Ct Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Out Film Ct Inc?
The following concerns were identified: Net assets have fluctuated, with a decrease from $108,373 in 2021 to $96,893 in 2023, indicating a slight decline in financial reserves.. The organization reported zero lobbying or political campaign activities, which is typical for its size but limits advocacy potential.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Out Film Ct Inc's strengths?
Positive indicators for Out Film Ct Inc include: Consistent revenue generation over several years, demonstrating a stable base of support.. Total assets have remained relatively stable, indicating prudent management of existing resources.. The organization has consistently reported zero unrelated business income, focusing solely on its exempt purpose.. These findings are derived from AI analysis of the organization's financial filings.
How does Out Film Ct Inc compensate executives?
Executive compensation is not reported in the provided financial data, suggesting it is below the IRS reporting threshold for key employees, likely indicating a volunteer or very low-paid leadership structure given the organization's size. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent expenses exceeding revenue in recent years (e.g., 2023: revenue $84,852, expenses $92,158), what strategies are in place to ensure long-term financial sustainability?
While the provided data doesn't detail specific strategies, the organization would likely need to focus on increasing fundraising efforts, diversifying revenue streams, or carefully managing operational costs to prevent further erosion of net assets.
Filing History
IRS 990 filing history for Out Film Ct Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Out Film Ct Inc's revenue has grown by 51.7%, moving from $56K to $85K. Total assets increased by 90.1% over the same period, from $51K to $97K. Total functional expenses rose by 72.9%, from $53K to $92K. In its most recent filing year (2023), Out Film Ct Inc reported a deficit of $7K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $85K | $92K | $97K | $0 | — | View 990 |
| 2022 | $69K | $73K | $104K | $0 | — | View 990 |
| 2021 | $89K | $53K | $108K | $0 | — | — |
| 2020 | $58K | $38K | $72K | $0 | — | View 990 |
| 2019 | $64K | $67K | $52K | $0 | — | View 990 |
| 2018 | $75K | $72K | $55K | $0 | — | View 990 |
| 2017 | $70K | $84K | $52K | $0 | — | View 990 |
| 2016 | $83K | $79K | $66K | $0 | — | View 990 |
| 2015 | $80K | $68K | $62K | $0 | — | View 990 |
| 2014 | $71K | $75K | $50K | $0 | — | View 990 |
| 2013 | $64K | $72K | $54K | $0 | — | View 990 |
| 2012 | $81K | $73K | $62K | $0 | — | View 990 |
| 2011 | $56K | $53K | $51K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $85K, expenses of $92K, and assets of $97K (revenue +22.9% year-over-year).
- 2022: Revenue of $69K, expenses of $73K, and assets of $104K (revenue -22.7% year-over-year).
- 2021: Revenue of $89K, expenses of $53K, and assets of $108K (revenue +52.9% year-over-year).
- 2020: Revenue of $58K, expenses of $38K, and assets of $72K (revenue -8.6% year-over-year).
- 2019: Revenue of $64K, expenses of $67K, and assets of $52K (revenue -15.0% year-over-year).
- 2018: Revenue of $75K, expenses of $72K, and assets of $55K (revenue +8.0% year-over-year).
- 2017: Revenue of $70K, expenses of $84K, and assets of $52K (revenue -15.9% year-over-year).
- 2016: Revenue of $83K, expenses of $79K, and assets of $66K (revenue +3.2% year-over-year).
- 2015: Revenue of $80K, expenses of $68K, and assets of $62K (revenue +13.4% year-over-year).
- 2014: Revenue of $71K, expenses of $75K, and assets of $50K (revenue +9.8% year-over-year).
- 2013: Revenue of $64K, expenses of $72K, and assets of $54K (revenue -20.7% year-over-year).
- 2012: Revenue of $81K, expenses of $73K, and assets of $62K (revenue +45.4% year-over-year).
- 2011: Revenue of $56K, expenses of $53K, and assets of $51K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Out Film Ct Inc:
Data Sources and Methodology
This transparency report for Out Film Ct 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.