Civic Intelligence

Filmscene

990 • Fiscal year 2024 • EIN 45-4103745

Jan 01, 2024 to Dec 31, 2024 • Filed on Sep 24, 2025

404 E College StIowa City, IA 52240

(319) 358-2555

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

88th percentile

0.64x

Higher debt load relative to assets than 88% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

90th percentile

1.19x

Higher debt load relative to revenue than 90% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

21st percentile

-11%

Higher net margin than 21% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$72,503

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

17th percentile

-7.9%

Faster asset growth than 17% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

31st percentile

-2.6%

Faster revenue growth than 31% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$3,494,371

Down $297,808 (-7.9%) from 2023

Net Assets

Down

$1,258,876

Down $204,239 (-14%) from 2023

Liabilities

Down

$2,235,495

Down $93,569 (-4.0%) from 2023

Revenue

Down

$1,872,203

Down $50,843 (-2.6%) from 2023

Expenses

Down

$2,076,442

Down $13,486 (-0.6%) from 2023

Net Income

Down

-$204,239

Down $37,357 (-22%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2013: $175,954Liabilities 2013: $18,647Net Assets 2013: $157,3072013Assets 2014: $199,613Liabilities 2014: $37,437Net Assets 2014: $162,1762014Assets 2015: $127,502Liabilities 2015: $25,964Net Assets 2015: $101,5382015Assets 2016: $130,254Liabilities 2016: $57,058Net Assets 2016: $73,1962016Assets 2017: $139,121Liabilities 2017: $46,265Net Assets 2017: $92,8562017Assets 2018: $448,864Liabilities 2018: $77,428Net Assets 2018: $371,4362018Assets 2019: $1,737,649Liabilities 2019: $477,853Net Assets 2019: $1,259,7962019Assets 2020: $2,413,593Liabilities 2020: $716,900Net Assets 2020: $1,696,6932020Assets 2021: $4,227,743Liabilities 2021: $2,316,550Net Assets 2021: $1,911,1932021Assets 2022: $4,223,078Liabilities 2022: $2,593,081Net Assets 2022: $1,629,9972022Assets 2023: $3,792,179Liabilities 2023: $2,329,064Net Assets 2023: $1,463,1152023Assets 2024: $3,494,371Liabilities 2024: $2,235,495Net Assets 2024: $1,258,8762024

Highlighted filing

2024

Assets$3,494,371
Liabilities$2,235,495
Net Assets$1,258,876

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $219,652Expenses 2013: $63,999Net Income 2013: $155,6532013Revenue 2014: $476,591Expenses 2014: $471,722Net Income 2014: $4,8692014Revenue 2015: $564,044Expenses 2015: $624,682Net Income 2015: -$60,6382015Revenue 2016: $665,805Expenses 2016: $694,147Net Income 2016: -$28,3422016Revenue 2017: $748,282Expenses 2017: $728,622Net Income 2017: $19,6602017Revenue 2018: $1,220,643Expenses 2018: $942,063Net Income 2018: $278,5802018Revenue 2019: $2,438,230Expenses 2019: $1,549,870Net Income 2019: $888,3602019Revenue 2020: $1,845,440Expenses 2020: $1,408,543Net Income 2020: $436,8972020Revenue 2021: $1,496,173Expenses 2021: $1,281,673Net Income 2021: $214,5002021Revenue 2022: $1,394,629Expenses 2022: $1,764,450Net Income 2022: -$369,8212022Revenue 2023: $1,923,046Expenses 2023: $2,089,928Net Income 2023: -$166,8822023Revenue 2024: $1,872,203Expenses 2024: $2,076,442Net Income 2024: -$204,2392024

Highlighted filing

2024

Revenue$1,872,203
Expenses$2,076,442
Net Income-$204,239
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 24, 2025
Return Version
2024v5.0
Gross Receipts
$1,987,932
Mission and Program Overview

Mission

Filmscene is a nonprofit organization dedicated to enriching the cultural vitality of the iowa city area through film that challenges, inspires, educates and entertains.

Filmscene's mission is to challenge, inspire, educate, and entertain our communities through the shared discovery of film.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,158,925$2,932,462▼ $226,463
Cash and Non-Interest-Bearing Accounts$332,301$327,503▼ $4,798
Pledges and Grants Receivable$189,238$145,189▼ $44,049
Accounts Receivable$58,565$34,849▼ $23,716
Prepaid Expenses and Deferred Charges$1,550$2,052▲ $502
Total Assets$3,792,179$3,494,371▼ $297,808
Other Assets Total$51,600$52,316▲ $716
Liabilities
Unsecured Notes Loans Payable$2,041,750$2,000,000▼ $41,750
Accounts Payable and Accrued Expenses$210,047$210,165▲ $118
Other Liabilities$51,600--
Deferred Revenue$25,667$25,330▼ $337
Total Liabilities$2,329,064$2,235,495▼ $93,569
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,401,804$1,097,744▼ $304,060
Net Assets With Donor Restrictions$61,311$161,132▲ $99,821
Total Net Assets Fund Balance$1,463,115$1,258,876▼ $204,239
Total Liabilities and Net Assets / Fund Balance$3,792,179$3,494,371▼ $297,808

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,604,167$145,833$1,750,000
Equipment$792,808$873,784$1,666,592
Leasehold Improvements$535,487$182,931$718,418
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Andrew SherburneExecutive DiFT$72,503$72,503

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$691,244
Program Service Revenue
$802,587
Investment Income
$2,560
Other Revenue
$375,812
All Other Contributions
$597,531
Change in Net Assets
$-204,239

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,872,203
Total Revenue per Audited Statements
$1,872,203
Total Revenue per Form 990
$1,872,203
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,246,354
Salaries, Compensation, and Employee Benefits$830,088
Total Fundraising Expense$54,340
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$574,855$147,399$14,740$736,994
Depreciation Depletion$233,136--$233,136
Other Employee Benefits$72,613$18,619$1,862$93,094
All Other Expenses$78,133$8,639-$86,772
Advertising$70,764-$15,632$86,396
Occupancy$73,595$9,348-$82,943
Fees for Services Accounting$55,928$3,995$19,974$79,897
Office Expenses$68,245$7,583-$75,828
Interest$46,817$2,464-$49,281
Other Expenses$44,149--$44,149
Information Technology$32,630-$1,717$34,347
Fees for Services Other$16,191$4,152$415$20,758
Travel-$9,463-$9,463
Total Functional Expenses$1,810,440$211,662$54,340$2,076,442

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,076,442
Total Expenses per Audited Statements$2,076,442
Total Expenses per Form 990$2,076,442
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$17,955
Fundraising Direct Expenses$490
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Events$17,955$17,955-$17,955
Total Events$17,955$17,955$490$17,465
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The organization's treasurer, executive director, and members of the finance committee are provided a draft copy of the form 990 for review purposes. These individuals conduct a thorough review of the 990 and advise the preparer of any changes to make prior to completion of the final copy of the 990. Final changes are then made by the preparer. The treasurer of the organization then does a final general review of the completed form 990 and approves it by his/her signing of form 8879-eo and returning it to the preparer for filing of form 990.

Form 990, Page 6, Part VI, Line 12C

Filmscene has a comprehensive multi-page policy that establishes guidelines, procedures, and requirements for: (a) identifying what qualifies as a conflict of interest and situations that may result in an actual, potential, or perceived conflict of interest; (b) disclosing and addressing any actual, potential, or perceived conflicts of interest in accordance with legal requirements and the goals of accountability and transparency; and (c) correcting a failure for board members to comply with this policy.

Form 990, Page 6, Part VI, Line 19

Governing documents and financial statements are available to the public upon specific request. The applicable materials are either mailed or emailed to the requesting person, or that person can inspect the documents and/or materials at the office of the organization during normal business hours.

Filing and Contact Details

Filer

Filer Name
Filmscene
EIN
45-4103745
Phone
3193582555
Address
404 E COLLEGE ST, IOWA CITY, IA 52240

Signing Officer

Name
John Quinto
Title
Treasurer
Signed
2025-09-24

Organization Details

Principal Officer
Andrew Sherburne
Formed
2011
Legal Domicile
Ia
Voting Board Members
15
Independent Board Members
15
Employees
42
Volunteers
75

Preparer

Firm
Forge Financial & Management Consulting
Address
1245 JORDAN CREEK PKWY STE 100, WEST DES MOINES, IA 50266-2343
Preparer
Justin a Plate CPA
Phone
5156203050
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Filmscene's mission is to challenge, inspire, educate, and entertain our communities through the shared discovery of film. Filmscene is iowa city's nonprofit cinema, working in partnership with the bijou film board, a university of iowa student organization, to present films at two locations on five permanent screens and a seasonal outdoor cinema. From our home in downtown iowa city, we enrich the cultural vitality of the surrounding area through community-supported programming that showcases exceptional american and international filmmaking in a vibrant, accessible, and welcoming space.

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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE CHAIR O
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.49$2.24$1.26$1.87$2.08$0.20
2023Summary only. Only limited summary data is available for this year.$3.79$2.33$1.46$1.92$2.09$0.17
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.22$2.59$1.63$1.39$1.76$0.37
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.23$2.32$1.91$1.50$1.28$0.21
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.41$0.72$1.70$1.85$1.41$0.44
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.48$1.26$2.44$1.55$0.89
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.08$0.37$1.22$0.94$0.28
2017Summary only. Only limited summary data is available for this year.$0.14$0.05$0.09$0.75$0.73$0.02
2016Summary only. Only limited summary data is available for this year.$0.13$0.06$0.07$0.67$0.69$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.13$0.03$0.10$0.56$0.62$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.20$0.04$0.16$0.48$0.47$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.18$0.02$0.16$0.22$0.06$0.16