Philadelphia Film Society
Nonprofit profile at a glance
- EIN
- 233077468
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Philadelphia, PA, USA
- Phone
- 2673292941
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Film, Video
Reported finances
- Revenue
- $7,400,541
- Expenses
- $5,601,027
- Assets
- $6,924,627
- Liabilities
- $5,121,775
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
23 people listed
Highest reported compensation
- J ANDREW GREENBLATT (EXECUTIVE DI): $224,416 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The philadelphia film society (pfs) is the region's home for classic and contemporary film presentation, education, entertainment, and community building. A nonprofit, community-supported organization, pfs produces the acclaimed philadelphia film festival, curates an extensive year-round film program celebrating the past and future of world cinema, and provides education and community outreach programs, all serving to raise awareness of film as an important art form and vital piece of philadelphia's arts and culture community. Presented at the philadelphia film center, pfs bourse, and pfs east theaters, the film society's offerings include film series with a unique global and local perspective, movies on the block, pfs on us, and pfs teacher residencies across philadelphia schools. For more information, visit www.filmadelphia.org.
What it reported doing in 2024
Philadelphia film festival: every october, the philadelphia film society hosts the philadelphia film festival which gathers more than 25,000 dedicated film lovers and scores of talented filmmakers for eleven exceptional days of cinematic splendor. Throughout the year, pfs's artistic team scours the world's most prestigious film festivals - from sundance to berlin, cannes to toronto - for the year's most highly anticipated, critically acclaimed, and thought-provoking films. The festival presents these films as well as selections from the hundreds of submitted films viewed by festival programmers, all alongside exclusive events with actors, directors, and industry guests; vip receptions; and much more. As a world-class film festival, the festival represents a major contribution to the cultural life of the city and region, attracting new audiences to pfs and the film community at large.
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
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: 39
- Transparency & Controls: 70
- Accountability: 98
- Sustainability: 60
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 37.8%; rating input score 38
- Program expense ratio: 49.9%; rating input score 50
- Fundraising efficiency: $3.92 raised per $1 spent on fundraising; rating input score 12; 12th 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: 95.7%; rating input score 96; 26th 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: 24.3%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 1.24; rating input score 44; 44th percentile among comparable filings
- Liabilities to assets ratio: 0.74; rating input score 12; 12th percentile among comparable filings
- Officer compensation ratio: 4%; rating input score 61; 61st percentile among comparable filings
Growth
- Program expense growth: -2.8% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: -0.9% per year; rating input score 0; 9th percentile among comparable filings
- Asset growth: -3% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 37.8% of revenue deployed · 49.9% of spending went to programs
- Governance: 22 of 23 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $2.8M in reported program spending
- Leadership: top reported pay $224K · 23 people listed · 1 of 6 pay-setting controls reported
- Consistency: 30 of 30 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 38/100.
- Review — Financial Efficiency: Program expense ratio scored 50/100.
- High — Financial Efficiency: Fundraising efficiency scored 12/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
- High — Sustainability: Liabilities to assets ratio scored 12/100.