Indian Film Festival of Los Angeles
Nonprofit profile at a glance
- EIN
- 731650230
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024, Form 990-EZ 2022
- Location
- Los Angeles, CA, USA
- Phone
- 3109905014
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Film, Video
Reported finances
- Revenue
- $213,695
- Expenses
- $335,672
- Assets
- $13,084
- Liabilities
- $1,849
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- CHRISTINA MAROUDA (President)
Highest reported compensation
- CHRISTINA MAROUDA (President): $5,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Devoted to a greater appreciation of indian cinema and culture by showcasing films, supporting emerging filmmakers, and promoting the diverse perspectives of the indian diaspora.
What it reported doing in 2024
IFFLA brings to Los Angeles audiences the most exciting and groundbreaking independent cinema from South Asia and its diasporas, and it offers emerging and established filmmakers numerous industry-facing mentorship, educational and networking opportunities.IFFLAs annual festival, now in its 23rd year, offers a vibrant program comprising features and shorts, including narrative, documentary, and animated works. The festival showcases films from eight countries in the South Asian subcontinent Afghanistan, Bhutan, Bangladesh, India, the Maldives, Nepal, Pakistan, and Sri Lanka as well as their diasporas in the US and worldwide.Additional year-round programming ranges from noteworthy screenings with stimulating discussions between filmmakers and audiences; to special programs, such as retrospectives, spotlights, and masterclasses; community partnerships with LA-based organizations amplifying South Asian voices; and lively social events. All these activities are aimed at fostering a greater appreciation of South Asian cinemas, industries, and culture, from both the subcontinent and the diaspora.
Operating model
- Revenue model
- Donor-supported. 68% of the money available for current operations came from contributions and gifts.
- 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.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 84
- Accountability: 5
- Sustainability: 10
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 88.6%; rating input score 89
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 9th 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: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 1 of 8 controls in place; rating input score 12
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -57.1%; rating input score 4; 4th percentile among comparable filings
- Total-asset coverage ratio: 0.04; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 1.5%; rating input score 36; 36th percentile among comparable filings
Growth
- Program expense growth: 3.5% per year; rating input score 100; 47th percentile among comparable filings
- Revenue growth: 0.5% per year; rating input score 100; 26th percentile among comparable filings
- Asset growth: 6.8% per year; rating input score 100; 55th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 88.6% of spending went to programs
- Governance: 0 of 9 board members independent · 1 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $298K in reported program spending
- Leadership: top reported pay $5K · 9 people listed
- Consistency: 17 of 18 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 3 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 6 of 7 not reported.
- High — Sustainability: Operating margin scored 4/100.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 23/100.
- Moderate — Sustainability: Officer compensation ratio scored 36/100.