Civic Intelligence

Outfest

990 • Fiscal year 2014 • EIN 95-4089601

Jan 01, 2014 to Dec 31, 2014 • Filed on Sep 29, 2015

3470 Wilshire BlvdLos Angeles, CA 90010

(213) 480-7088

Siviq Scores

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

Liabilities / Assets

67th percentile

0.29x

Higher debt load relative to assets than 67% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

27th percentile

0.03x

Higher debt load relative to revenue than 27% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

41st percentile

0.1%

Higher net margin than 41% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2014

Asset Growth

2nd percentile

-47%

Faster asset growth than 2% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

71st percentile

15%

Faster revenue growth than 71% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$335,493

Down $296,037 (-47%) from 2013

Net Assets

Up

$239,607

Up $3,591 (+1.5%) from 2013

Liabilities

Down

$95,886

Down $299,628 (-76%) from 2013

Revenue

Up

$3,467,791

Up $458,144 (+15%) from 2013

Expenses

Up

$3,464,200

Up $430,775 (+14%) from 2013

Net Income

Up

$3,591

Up $27,369 (+115%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2010: $439,256Liabilities 2010: $94,044Net Assets 2010: $345,2122010Assets 2011: $389,195Liabilities 2011: $90,357Net Assets 2011: $298,8382011Assets 2012: $425,739Liabilities 2012: $165,945Net Assets 2012: $259,7942012Assets 2013: $631,530Liabilities 2013: $395,514Net Assets 2013: $236,0162013Assets 2014: $335,493Liabilities 2014: $95,886Net Assets 2014: $239,6072014Assets 2015: $408,758Liabilities 2015: $98,863Net Assets 2015: $309,8952015Assets 2016: $320,038Liabilities 2016: $71,398Net Assets 2016: $248,6402016Assets 2017: $372,561Liabilities 2017: $120,617Net Assets 2017: $251,9442017Assets 2018: $329,575Liabilities 2018: $125,698Net Assets 2018: $203,8772018Assets 2019: $260,132Liabilities 2019: $259,688Net Assets 2019: $4442019Assets 2020: $278,694Liabilities 2020: $313,389Net Assets 2020: -$34,6952020Assets 2021: $414,961Liabilities 2021: $203,611Net Assets 2021: $211,3502021Assets 2022: $725,412Liabilities 2022: $192,348Net Assets 2022: $533,0642022Assets 2023: $92,589Liabilities 2023: $455,621Net Assets 2023: -$363,0322023Assets 2024: $226,528Liabilities 2024: $98,573Net Assets 2024: $127,9552024

Highlighted filing

2014

Assets$335,493
Liabilities$95,886
Net Assets$239,607

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $1,379,3992010Revenue 2011: $2,053,396Expenses 2011: $2,116,112Net Income 2011: -$62,7162011Revenue 2012: $2,304,441Expenses 2012: $2,343,485Net Income 2012: -$39,0442012Revenue 2013: $3,009,647Expenses 2013: $3,033,425Net Income 2013: -$23,7782013Revenue 2014: $3,467,791Expenses 2014: $3,464,200Net Income 2014: $3,5912014Revenue 2015: $3,250,992Expenses 2015: $3,180,704Net Income 2015: $70,2882015Revenue 2016: $3,013,920Expenses 2016: $3,075,175Net Income 2016: -$61,2552016Revenue 2017: $3,012,874Expenses 2017: $3,009,570Net Income 2017: $3,3042017Revenue 2018: $3,072,403Expenses 2018: $3,120,470Net Income 2018: -$48,0672018Revenue 2019: $2,884,846Expenses 2019: $3,088,279Net Income 2019: -$203,4332019Revenue 2020: $2,467,253Expenses 2020: $2,487,688Net Income 2020: -$20,4352020Revenue 2021: $3,920,238Expenses 2021: $3,674,193Net Income 2021: $246,0452021Revenue 2022: $3,934,759Expenses 2022: $3,613,113Net Income 2022: $321,6462022Revenue 2023: $2,870,029Expenses 2023: $3,472,556Net Income 2023: -$602,5272023Revenue 2024: $863,841Expenses 2024: $443,620Net Income 2024: $420,2212024

Highlighted filing

2014

Revenue$3,467,791
Expenses$3,464,200
Net Income$3,591
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Sep 29, 2015
Return Version
2014v5.0
Gross Receipts
$3,471,589
Mission and Program 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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$142,831$162,540▲ $19,709
Cash and Non-Interest-Bearing Accounts$450,761$152,992▼ $297,769
Prepaid Expenses and Deferred Charges$27,307$10,693▼ $16,614
Land, Buildings, and Equipment, Net$6,497$5,134▼ $1,363
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$631,530$335,493▼ $296,037
Other Assets Total$4,134$4,134→ $0
Liabilities
Accounts Payable and Accrued Expenses$60,146$49,415▼ $10,731
Other Liabilities$33,993$38,471▲ $4,478
Deferred Revenue$301,375$8,000▼ $293,375
Total Liabilities$395,514$95,886▼ $299,628
Net Assets / Fund Balance
Unrestricted Net Assets$4,401$190,514▲ $186,113
Temporarily Rstr Net Assets$231,615$49,093▼ $182,522
Total Net Assets Fund Balance$236,016$239,607▲ $3,591
Total Liabilities and Net Assets / Fund Balance$631,530$335,493▼ $296,037

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,134$25,246$30,380
Other Land Buildings-$1,303$1,303
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kirsten SchafferExecutive DirectorFT$115,000$115,000

Board Members and Trustees

NameTitle
Joe KeenanCo-President
Laura IveyCo-President
Ari KarpelVice President
Alex PerezDirector
Barry McpehersonDirector
Chiedu EgbuniweDirector
Dan BucatinskyDirector
David BeckwithDirector
Eric LanyardDirector
James Duke MasonDirector
John DunnDirector
Jonathan HowardDirector
Leslie BelzbergDirector
Mark PogachefskyDirector
Matt RiklinDirector
Peter GalDirector
Peter LawrenceDirector
Schawn BelstonDirector
Scotch Ellis LoringDirector
Thomas LavinDirector
Valerie MaddenSecretary
Benjamin StilpTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$768,651
Program Service Revenue
$1,047,292
Investment Income
$-63
Other Revenue
$1,651,911
All Other Contributions
$768,651
Change in Net Assets
$3,591
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,556,710
Salaries, Compensation, and Employee Benefits$907,490
Total Fundraising Expense$144,539
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$551,626$66,529$68,403$686,558
All Other Expenses$328,091$31,617$23,104$382,812
Current Officers, Directors, Trustees, and Key Employees$28,750$56,350$29,900$115,000
Other Expenses$95,210--$95,210
Payroll Taxes$47,862$9,835$7,868$65,565
Occupancy$45,174$9,035$6,023$60,232
Other Employee Benefits$29,468$6,055$4,844$40,367
Travel$16,520-$1,836$18,356
Fees for Services Accounting$13,107$2,636$1,757$17,500
Insurance$12,063$3,217$804$16,084
Depreciation Depletion-$1,363-$1,363
Fees for Services Other$72--$72
Total Functional Expenses$3,133,024$186,637$144,539$3,464,200
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$45,867
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Opening Night Auction/ Fundraising$45,867$45,867-$45,867
Total Events$45,867$45,867-$45,867
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Newfest$38,471
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
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, Part VI, Line 11B: Form 990 Review Process

The 990 form is reviewed in final draft form by the executive director before it is finalized and issued.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Entity regularly updates its policy and distributes to, and inquires of, all possible parties where a conflict could possibly exist.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Compensation and approval performed by board of directors.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Compensation and approval performed by board of directors.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon written request documents are provided.

Filing and Contact Details

Filer

Filer Name
Outfest
EIN
95-4089601
Phone
2134807088
Address
3470 WILSHIRE BLVD, LOS ANGELES, CA 90010

Signing Officer

Name
Christopher Racster
Title
Interim E.D.
Signed
2015-09-29
Discuss with paid preparer
Yes

Organization Details

Formed
1986
Legal Domicile
CA
Voting Board Members
23
Independent Board Members
23
Employees
54
Volunteers
370

Preparer

Firm
Lichter Yu and Associates Inc
Address
16133 VENTURA BLVD STE 450, ENCINO, CA 91436
Preparer
Lawrence P Lichter
Phone
8187890265
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

Other program services 4: outfest forward: educational and mentoring program and panels connecting emerging filmmakers and entertainment industry professionals.

Form 990, Part IX, Line 24E: Other Expenses

ADMINISTRATION: Column (A) - Total = $65603; Column (B) - Program Services = $52483; Column (C) - Management & General = $9840; Column (D) - Fundraising = $3280

Form 990, Part IX, Line 24E: Other Expenses

BAD DEBT: Column (A) - Total = $6356; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $6356

Form 990, Part IX, Line 24E: Other Expenses

BOX OFFICE: Column (A) - Total = $20669; Column (B) - Program Services = $20669; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

EQUIPMENT RENTAL: Column (A) - Total = $64500; Column (B) - Program Services = $55470; Column (C) - Management & General = $9030; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

FESTIVAL MARKETING: Column (A) - Total = $54078; Column (B) - Program Services = $54078; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

FESTIVAL OPERATIONS: Column (A) - Total = $36289; Column (B) - Program Services = $36289; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

GRAPHIC DESIGN: Column (A) - Total = $14913; Column (B) - Program Services = $13570; Column (C) - Management & General = $746; Column (D) - Fundraising = $597

Form 990, Part IX, Line 24E: Other Expenses

HOSPITALITY AND GIFTS: Column (A) - Total = $8161; Column (B) - Program Services = $6774; Column (C) - Management & General = $816; Column (D) - Fundraising = $571

Form 990, Part IX, Line 24E: Other Expenses

Postage and Shipping: Column (A) - Total = $14422; Column (B) - Program Services = $11105; Column (C) - Management & General = $1154; Column (D) - Fundraising = $2163

Form 990, Part IX, Line 24E: Other Expenses

Printing and Publications: Column (A) - Total = $57784; Column (B) - Program Services = $46227; Column (C) - Management & General = $4623; Column (D) - Fundraising = $6934

Form 990, Part IX, Line 24E: Other Expenses

SUPPLIES: Column (A) - Total = $12071; Column (B) - Program Services = $9053; Column (C) - Management & General = $2052; Column (D) - Fundraising = $966

Form 990, Part IX, Line 24E: Other Expenses

TELEPHONE: Column (A) - Total = $27966; Column (B) - Program Services = $22373; Column (C) - Management & General = $3356; Column (D) - Fundraising = $2237

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IRS990/Form990PartVIISectionAGrp/PersonNm14JONATHAN HOWARD
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IRS990/Form990PartVIISectionAGrp/PersonNm17SCOTCH ELLIS LORING
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IRS990/Form990PartVIISectionAGrp/PersonNm20MARK POGACHEFSKY
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Co-President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Co-President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director
IRS990/Form990PartVIISectionAGrp/TitleTxt22Executive Dir.
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IRS990/FormationYr01986
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IRS990/MembersOrStockholdersInd0false
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IRS990/MinutesOfCommitteesInd0false
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IRS990/MissionDesc0OUTFEST 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.
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IRS990/OtherExpensesGrp/Desc0IN-KIND EXPENSES
IRS990/OtherExpensesGrp/Desc1FESTIVAL/RECEPTION
IRS990/OtherExpensesGrp/Desc2FESTIVAL VENUES
IRS990/OtherExpensesGrp/Desc3PROGRAMMING
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IRS990/OtherExpensesGrp/ProgramServicesAmt1216452
IRS990/OtherExpensesGrp/ProgramServicesAmt2142585
IRS990/OtherExpensesGrp/ProgramServicesAmt395210
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IRS990/OtherExpensesGrp/TotalAmt1216452
IRS990/OtherExpensesGrp/TotalAmt2142585
IRS990/OtherExpensesGrp/TotalAmt395210
IRS990/OtherLiabilitiesGrp/BOYAmt033993
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IRS990/OtherRevenueMiscGrp/Desc0IN-KIND CONTRIBUTIONS
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IRS990/OtherRevenueTotalAmt01606044
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt068403
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt066529
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0551626
IRS990/OtherSalariesAndWagesGrp/TotalAmt0686558

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.23$0.10$0.13$0.86$0.44$0.42
2023Detailed filing. Detailed filing data is available for this year.$0.09$0.46$0.36$2.87$3.47$0.60
2022Detailed filing. Detailed filing data is available for this year.$0.73$0.19$0.53$3.93$3.61$0.32
2021Detailed filing. Detailed filing data is available for this year.$0.41$0.20$0.21$3.92$3.67$0.25
2020Detailed filing. Detailed filing data is available for this year.$0.28$0.31$0.03$2.47$2.49$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.26$0.26$0.00$2.88$3.09$0.20
2018Detailed filing. Detailed filing data is available for this year.$0.33$0.13$0.20$3.07$3.12$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.37$0.12$0.25$3.01$3.01$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.32$0.07$0.25$3.01$3.08$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.41$0.10$0.31$3.25$3.18$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.34$0.10$0.24$3.47$3.46$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.63$0.40$0.24$3.01$3.03$0.02
2012Summary only. Only limited summary data is available for this year.$0.43$0.17$0.26$2.30$2.34$0.04
2011Summary only. Only limited summary data is available for this year.$0.39$0.09$0.30$2.05$2.12$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.09$0.35$1.38