The Picture House Regional Film Center Inc
The Picture House Regional Film Center Inc consistently operates at a deficit despite growing revenue and assets.
EIN: 200105851 · Pelham, NY · NTEE: A31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $2.2M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $1.1M |
| Transparency Score | 65/100 |
Is The Picture House Regional Film Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Picture House Regional Film Center Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Picture House Regional Film Center Inc
The Picture House Regional Film Center Inc (EIN: 200105851) is a nonprofit organization based in Pelham, NY, classified under NTEE code A31. The organization reported total revenue of $2.0M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Picture House Regional Film Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Picture House Regional Film Center Inc is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $2.2M |
| Surplus / Deficit | $-361,367 |
| Total Assets | $3.1M |
| Total Liabilities | $2.0M |
| Net Assets | $1.1M |
| Operating Margin | -19.9% |
| Debt-to-Asset Ratio | 64.9% |
| Months of Reserves | 16.9 months |
Financial Health Grade: C
In 2023, The Picture House Regional Film Center Inc reported a deficit of $361K with expenses exceeding revenue, holds 16.9 months of operating reserves (strong position), has a debt-to-asset ratio of 64.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Picture House Regional Film Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.1% | -5.6% | +0.3% |
| 2022 | +42.1% | +108.6% | +22.9% |
| 2021 | +56.1% | +17.7% | +3.5% |
| 2020 | -32.2% | -25.8% | +2.2% |
| 2019 | +2.9% | +7.9% | -1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 The Picture House Regional Film Center Inc with a Mission Score of 65 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: 75%
- fundraising: 10%
According to IRS 990 filings, The Picture House Regional Film Center Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $361K, with expenses exceeding revenue.
- Debt-to-asset ratio: 64.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this size with nearly $2 million in annual revenue and over $3 million in assets.
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 The Picture House Regional Film Center Inc's IRS 990 filings:
- Consistent operational deficits, with expenses exceeding revenue in most recent years (e.g., $361,367 deficit in 2023, $509,186 deficit in 2022).
- Significant increase in liabilities from $430,609 in 2019 to $1,984,588 in 2023, indicating potential reliance on debt or other obligations.
- Unusual reporting of 0% officer compensation across all filings for an organization with nearly $2 million in revenue, which could indicate compensation is reported differently or through related entities.
Strengths
The following positive indicators were identified for The Picture House Regional Film Center Inc:
- Consistent growth in total assets, reaching over $3 million in 2023, indicating a growing resource base.
- Sustained operational presence and revenue generation over a decade, demonstrating resilience and community engagement.
- Reported 0% officer compensation, suggesting a commitment to minimizing executive overhead and potentially maximizing funds for programs.
Frequently Asked Questions about The Picture House Regional Film Center Inc
Is The Picture House Regional Film Center Inc a legitimate charity?
The Picture House Regional Film Center Inc (EIN: 200105851) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.0M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does The Picture House Regional Film Center Inc spend its money?
The Picture House Regional Film Center Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to The Picture House Regional Film Center Inc tax-deductible?
The Picture House Regional Film Center Inc is registered as a tax-exempt nonprofit (EIN: 200105851). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Picture House Regional Film Center Inc CEO make?
The Picture House Regional Film Center Inc's highest-compensated officer earns $2 annually. The organization reported $2.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Picture House Regional Film Center Inc's spending goes to programs?
The Picture House Regional Film Center Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Picture House Regional Film Center Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), The Picture House Regional Film Center Inc is above average for NTEE category A31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Picture House Regional Film Center Inc located?
The Picture House Regional Film Center Inc is headquartered in Pelham, New York and files with the IRS under EIN 200105851. It is classified under NTEE code A31.
How many years of IRS 990 filings does The Picture House Regional Film Center Inc have?
The Picture House Regional Film Center 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 $2.0M in total revenue.
Is The Picture House Regional Film Center Inc a good charity?
The organization demonstrates a commitment to its mission through consistent operations and growth in assets. However, its recurring operational deficits and increasing liabilities raise concerns about long-term financial sustainability. The lack of officer compensation is notable, but a deeper dive into program efficiency and overall financial management is needed for a definitive answer.
Why does the organization consistently operate at a deficit?
The filings show that expenses have exceeded revenue in most years, including significant deficits of $361,367 in 2023 and $509,186 in 2022. This could be due to high program costs, capital investments, or insufficient revenue generation to cover operational expenses.
What is the nature of the increasing liabilities?
Liabilities have grown significantly from $430,609 in 2019 to $1,984,588 in 2023. This substantial increase warrants investigation to understand if it represents debt, deferred revenue, or other obligations that could impact future financial stability.
How does the organization sustain operations with consistent deficits?
Despite consistent operational deficits, the organization's assets have grown. This suggests that deficits might be covered by drawing down reserves, securing new loans, or receiving non-operating income not fully reflected in the 'revenue' line item, or through capital campaigns that increase assets but not necessarily cover operational shortfalls.
Filing History
IRS 990 filing history for The Picture House Regional Film Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Picture House Regional Film Center Inc's revenue has grown by 142.7%, moving from $748K to $1.8M. Total assets decreased by 14.7% over the same period, from $3.6M to $3.1M. Total functional expenses rose by 175.2%, from $791K to $2.2M. In its most recent filing year (2023), The Picture House Regional Film Center Inc reported a deficit of $361K, with expenses exceeding revenue. The organization holds $2.0M in liabilities against $3.1M in assets (debt-to-asset ratio: 64.9%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $2.2M | $3.1M | $2.0M | — | — |
| 2022 | $1.8M | $2.3M | $3.0M | $1.6M | — | — |
| 2021 | $1.3M | $1.1M | $2.5M | $537K | — | View 990 |
| 2020 | $809K | $938K | $2.4M | $612K | — | — |
| 2019 | $1.2M | $1.3M | $2.3M | $431K | — | View 990 |
| 2018 | $1.2M | $1.2M | $2.4M | $400K | — | View 990 |
| 2017 | $1.0M | $1.1M | $2.4M | $446K | — | View 990 |
| 2016 | $916K | $1.0M | $2.5M | $408K | — | View 990 |
| 2015 | $855K | $922K | $2.6M | $417K | — | View 990 |
| 2014 | $674K | $846K | $2.7M | $420K | — | View 990 |
| 2013 | $711K | $643K | $2.8M | $404K | — | View 990 |
| 2012 | $546K | $930K | $2.9M | $584K | — | View 990 |
| 2011 | $748K | $791K | $3.6M | $846K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $2.2M, and assets of $3.1M (revenue +1.1% year-over-year).
- 2022: Revenue of $1.8M, expenses of $2.3M, and assets of $3.0M (revenue +42.1% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.1M, and assets of $2.5M (revenue +56.1% year-over-year).
- 2020: Revenue of $809K, expenses of $938K, and assets of $2.4M (revenue -32.2% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.3M, and assets of $2.3M (revenue +2.9% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $2.4M (revenue +11.8% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.1M, and assets of $2.4M (revenue +13.3% year-over-year).
- 2016: Revenue of $916K, expenses of $1.0M, and assets of $2.5M (revenue +7.2% year-over-year).
- 2015: Revenue of $855K, expenses of $922K, and assets of $2.6M (revenue +26.8% year-over-year).
- 2014: Revenue of $674K, expenses of $846K, and assets of $2.7M (revenue -5.2% year-over-year).
- 2013: Revenue of $711K, expenses of $643K, and assets of $2.8M (revenue +30.1% year-over-year).
- 2012: Revenue of $546K, expenses of $930K, and assets of $2.9M (revenue -26.9% year-over-year).
- 2011: Revenue of $748K, expenses of $791K, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Picture House Regional Film Center Inc:
Data Sources and Methodology
This transparency report for The Picture House Regional Film Center 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.