Arts, Culture & Humanities
(A31)
IRS Verified
DX Registered
990 on File
NEWPORT FILM INC
Financial strength (30%)
68/100
Reliability (20%)
50/100
Effectiveness (25%)
71/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
newportFILM was founded in 2010 to nurture discovery and encourage community dialogue through the art of documentary film. More than a festival, newportFILM brings year-round programming that features filmmaker conversations, premiere parties and panel discussions. The program includes "newportFILM YOUTH," an inspiring series that showcases films for ages 2 - 18, "newportFILM GREEN SCREEN," a collection of documentaries that raise awareness on environmental issues, and "newportFILM OUTDOORS," a summer-long sunset series, which brings films out of the traditional theater setting to unique outdoor landscapes.
Financial Overview — FY 2024
$889K
Total Revenue
$937K
Total Expenses
$632K
Net Assets
17
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
67.5%
Fundraising Efficiency
391.0%
Operating Reserve
8.09x
Liability-to-Asset
7.3%
Revenue Diversification
92.1%
Executive Compensation
$109K
Compared with Peers
FY 2024
Compared with 12,711 similar organizations
(United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
67.5% | 82.0% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
14.8% | 14.1% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
17.8% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
391.0% | 28.2% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
8.1 mo | 9.8 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
7.3% | 1.8% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
92.1% | 79.8% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
5.1% | 8.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
13.4% | 8.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-5.4% | 1.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $889K | $937K | $632K | 67.5% | 17 |
| 2023 | $846K | $826K | $656K | 69.0% | 14 |
| 2022 | $756K | $656K | $636K | 55.9% | 0 |
| 2021 | $655K | $575K | N/A | — | 0 |
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