Film Streams Inc
Nonprofit profile at a glance
- EIN
- 202549448
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Omaha, NE, USA
- Phone
- 4029330259
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Standard
Reported finances
- Revenue
- $2,522,398
- Expenses
- $3,278,308
- Assets
- $11,952,666
- Liabilities
- $313,530
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- MAGGIE WOOD (EXECUTIVE DIRECTOR)
Highest reported compensation
- MAGGIE WOOD (EXECUTIVE DIRECTOR): $156,856 total reported compensation
- CASEY LOGAN (MANAGING DIRECTOR): $55,620 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Film streams is dedicated to enhancing the cultural environment of the omaha-council bluffs area through the presentation and discussion of film as an art form.
What it reported doing in 2024
Community development - education and special programs this program includes collaborative screenings with other nonprofit organizations, using film as a catalyst for important conversations about our community and the world around us. For education, there are year round film education opportunities for all ages, including a daytime education program in which teachers bring their classes to our cinema(s) for fieldtrip screenings and discussions, and courses, a public program of multifilm seminars for adult audiences. Special programs includes q and a's with visiting filmmakers, live musical performances to silent classics, an annual local filmmakers showcase, and other special events complementing each of the aforementioned areas.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 74
- Accountability: 95
- Sustainability: 39
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 74.8%; rating input score 75
- Fundraising efficiency: $3.99 raised per $1 spent on fundraising; rating input score 13; 13th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- 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: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -30%; rating input score 4; 4th percentile among comparable filings
- Total-asset coverage ratio: 3.65; rating input score 78; 78th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 78; 78th percentile among comparable filings
- Officer compensation ratio: 6.5%; rating input score 44; 44th percentile among comparable filings
Growth
- Program expense growth: 7.3% per year; rating input score 100; 52nd percentile among comparable filings
- Revenue growth: -3.2% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: 7.1% per year; rating input score 100; 46th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 74.8% of spending went to programs
- Governance: 15 of 15 board members independent · 8 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $2.5M in reported program spending
- Leadership: top reported pay $157K · 17 people listed · 1 of 6 pay-setting controls reported
- Consistency: 30 of 30 current checks pass
- Schedules: 8 filed schedules · includes major donors and executive pay
- Filing history: 11 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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: Fundraising efficiency scored 13/100.
- High — Sustainability: Operating margin scored 4/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Sustainability: Officer compensation ratio scored 44/100.