Film Society of Austin Inc
Nonprofit profile at a glance
- EIN
- 742433823
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024
- Location
- Austin, TX, USA
- Phone
- 5123220145
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Film, Video
Reported finances
- Revenue
- $7,383,401
- Expenses
- $8,486,130
- Assets
- $15,379,177
- Liabilities
- $4,520,418
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
32 people listed
Executive titles in this filing
- Lisa Hickey (President)
- Kiki Lambden-Stout (Vice President)
Highest reported compensation
- Rebecca Campbell (Ex-Officio): $198,892 total reported compensation
- Holly Herrick (Head of Film & Creative Media): $122,975 total reported compensation
- Sarah Ann Mockbee (Chief Operating Officer): $120,424 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See Schedule O
What it reported doing in 2024
This program focuses on exhibiting contemporary global cinema; classic masterpieces by well-known auteurs; U.S. and international independent works; repertory series; documentary films of great importance; and experimental films that push the boundaries of content and expand film language.
Operating model
- Revenue model
- Earned-program. 60% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 97% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 72
- Accountability: 100
- Sustainability: 30
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.6%; rating input score 98
- Program expense ratio: 79.5%; rating input score 80
- Fundraising efficiency: $4.73 raised per $1 spent on fundraising; rating input score 16; 16th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 17th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- 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: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -14.9%; rating input score 9; 9th percentile among comparable filings
- Total-asset coverage ratio: 1.81; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 0.29; rating input score 35; 35th percentile among comparable filings
- Officer compensation ratio: 8%; rating input score 37; 37th percentile among comparable filings
Growth
- Program expense growth: 6.2% per year; rating input score 100; 47th percentile among comparable filings
- Revenue growth: 2.7% per year; rating input score 100; 25th percentile among comparable filings
- Asset growth: 14.9% per year; rating input score 100; 74th percentile among comparable filings
Details
- Where the money goes: 97.6% of revenue deployed · 79.5% of spending went to programs
- Governance: 27 of 27 board members independent · 8 of 8 filing controls reported
- Programs: 5 filed program accomplishments · $6.8M in reported program spending
- Leadership: top reported pay $199K · 32 people listed · 0 of 6 pay-setting controls reported
- Consistency: 30 of 33 current checks pass · 3 findings to review
- Schedules: 6 filed schedules · includes major donors, grants, and executive pay
- Filing history: 9 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 17 filed money-flow records
- Related organizations: 12 filed related-organization links
- 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 16/100.
- High — Sustainability: Operating margin scored 9/100.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- Moderate — Transparency & Controls: Fund balance restriction sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 35/100.
- Moderate — Sustainability: Officer compensation ratio scored 37/100.