Authentic Arc Inc

Nonprofit profile at a glance

EIN
932527228
IRS 990 coverage
2023–2024
Forms available
Form 990 2024
Location
Los Angeles, CA, USA
Phone
2128367943
Rating
53
Verdict
MIXED
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities N.E.C.

Reported finances

Revenue
$271,988
Expenses
$135
Assets
$531,853
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • SABRINA MCRAE (PRESIDENT & DIRECTOR)

People named in this filing

  • SABRINA MCRAE (PRESIDENT & DIRECTOR)
  • ROBERT COMPTON (TREASURER, SECRETARY & DIR)
  • ROGELIO HUERTA (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Authentic arc's mission includes supporting the independent documentary film community and supporting and promoting diversity in the independent documentary film community. Authentic arc helps fund unique films that make a meaningful contribution to society. We provide filmmakers with funding, educational programs and other support to bring their films to the public, with a focus on helping filmmakers from underrepresented groups and promoting films with an important message for our society. We support filmmakers who have a deep passion for their subjects and art, and who tell compelling stories. Without our funding, education and support for filmmakers, these stories might never be told. With our help, these films can be brought to life and share their important messages with the public.

What it reported doing in 2024

Educational and community programs: authentic arc is committed to providing resources and education to help filmmakers and aspiring filmmakers at the critical junctures of documentary production and distribution. Through workshops, seminars, webinars and one-to-one coaching, we will educate filmmakers on the tasks not taught in film school. These include how to create a pitch deck, approaching potential funders, creating a compelling website, submitting their films to broadcasters (such as pbs), securing theatrical and online distribution, and organizing grassroots outreach campaigns to raise awareness of their films. Filmmakers can also learn from each other's experiences, and we will facilitate in-person and on line gatherings for the independent documentary community. Authentic arc will also share information and materials about independent documentary filmmaking for the general public.

Operating model

Revenue model
Donor-supported. 92% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 92
  • Accountability: 88
  • Sustainability: 94
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 100%; rating input score 100; 100th percentile among comparable filings
  • Total-asset coverage ratio: 3,939.65; rating input score 100; 100th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 4.5% per year; rating input score 100; 50th percentile among comparable filings
  • Asset growth: 68.7% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 3 of 3 board members independent · 5 of 7 filing controls reported
  • Programs: 4 filed program accomplishments
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 12 of 12 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.