Outfest
Nonprofit profile at a glance
- EIN
- 954089601
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Los Angeles, CA, USA
- Phone
- 2134807088
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $529,683
- Expenses
- $416,187
- Assets
- $268,632
- Liabilities
- $27,181
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- CHRISTOPHER RACSTER (EXECUTIVE DIRECTOR)
- LUCAS BAILEY (PRESIDENT)
Highest reported compensation
- CHRISTOPHER RACSTER (EXECUTIVE DIRECTOR): $84,146 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Outfest is a nonprofit organization whose mission is to protect our past, showcase our present and nurture our future by fostering artistic expression of gender, sexuality and lgbt culture and its transformative social impact on the world.
What it reported doing in 2025
General programs - outfest produced a four-day screening series in two los angeles locations serving approx. 10,000 people. The series exhibited feature-length and short films reflecting the experience of the lgbtq+ community. The series brought together members of the lgbtq+ community from across los angeles to celebrate and affirm their experience while supporting new and emerging filmmakers. Additionally, outfest hosted multiple one-night community screenings of lgbtq+ films.
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.
The verdict
SUPPORTED - 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: 39
- Transparency & Controls: 92
- Accountability: 90
- Sustainability: 50
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 36.3%; rating input score 36
- Program expense ratio: 45.5%; rating input score 45
- Fundraising efficiency: $10.29 raised per $1 spent on fundraising; rating input score 36; 36th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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; 64th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: 21.4%; rating input score 74; 74th percentile among comparable filings
- Total-asset coverage ratio: 0.65; rating input score 31; 31st percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 35; 35th percentile among comparable filings
- Officer compensation ratio: 20.2%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: -8.4% per year; rating input score 0; 5th percentile among comparable filings
- Revenue growth: -2.8% per year; rating input score 0; 6th percentile among comparable filings
- Asset growth: -4.7% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 36.3% of revenue deployed · 45.5% of spending went to programs
- Governance: 10 of 10 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $189K in reported program spending
- Leadership: top reported pay $84K · 11 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 3 filed schedules · includes major donors
- Filing history: 13 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Financial Efficiency: Mission deployment rate scored 36/100.
- Moderate — Financial Efficiency: Program expense ratio scored 45/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 36/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 16/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 35/100.
- High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.