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Olympia Film Society

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 911110849 ✦ Olympia, WA ✦ Designated as a 501(c)(3)

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Overview

What is Olympia Film Society?

The Olympia Film Society (OFS) is a vibrant nonprofit organization situated in Olympia, Washington. With a strong commitment to community engagement, OFS provides a platform for its residents to enjoy art-house films, live music, literary events, and activities organized by local groups. Their mission is multifaceted, encompassing the presentation of thought-provoking films, fostering volunteerism, and preserving the historic Capitol Theater. The organization employs a dedicated team of 22 individuals, working tirelessly to bring engaging experiences to the South Puget Sound community.


Official website here: www.olympiafilmsociety.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Star rating)

The Olympia Film Society has received a solid rating of 84%, indicating a commendable level of transparency and accountability within its operations. The organization boasts a perfect score for majority independent board members and has no material diversion of assets, which reflects strong governance practices. Their financial management is also notable, with a program expense ratio of 77.22%, suggesting that a significant portion of their funding is directed towards their programs.

Strengths of the Olympia Film Society include a comprehensive set of policies related to conflict of interest, whistleblower protection, and document retention, all of which are listed and up to date. The organization has successfully listed key documents such as tax forms and board meeting minutes on its website, promoting transparency. Additionally, the liabilities to assets ratio of 37.67% points to a balanced financial position, ensuring sustainability.

However, while the organization displays strong accountability and finance scores, it received a relatively lower score in the Culture & Community category at 77. This suggests there may be areas for improvement in engaging with and serving the community effectively. Overall, the Olympia Film Society appears to be a well-managed nonprofit with a commitment to its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Olympia Film Society legitimate?

Olympia Film Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Olympia Film Society submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $214,474

For more financial information, click here


Official website here: www.olympiafilmsociety.org

What is the mission statement of Olympia Film Society?

The Olympia Film Society's mission is centered around presenting a variety of artistic mediums, such as films, music, and art, to engage the community. This organization encourages volunteerism and plays a crucial role in preserving the Capitol Theater. By showcasing art-house films, hosting live music events, and collaborating with local community groups, the Olympia Film Society aims to bring people together and foster a sense of community.


Official website here: www.olympiafilmsociety.org

Who is the CEO of Olympia Film Society?

Damian Magista is the Director of Olympia Film Society.


Official website here: www.olympiafilmsociety.org

What is the revenue of Olympia Film Society?

Olympia Film Society's revenue in 2022 was $534,089.


Official website here: www.olympiafilmsociety.org

Who are the executives of Olympia Film Society and what are their salaries?

The average compensation at Olympia Film Society during 2022 was $9,749. There are 22 employees and 150 volunteers at Olympia Film Society.


Here are 7 key members and their salaries:


Alice Watland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Rieger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debi Mcnutt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Damian Magista (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Deluca (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Mcdonald (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Saulsbury (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.olympiafilmsociety.org

Where can I find the form 990 for Olympia Film Society?

Olympia Film Society's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.olympiafilmsociety.org

Learn more at the official website: www.olympiafilmsociety.org

Mission Statement of Olympia Film Society

The Olympia Film Society, a nonprofit organization, is dedicated to serving its community by presenting a variety of art forms. Its primary mission is to engage the community through the exhibition of thought-provoking films, live music, and artistic performances. The Society also encourages volunteerism, fostering a sense of community involvement. Moreover, it is committed to preserving the Capitol Theater, a symbol of its mission, ensuring that future generations can continue to enjoy these cultural experiences. By bringing together South Puget Sound community members, the Olympia Film Society creates an environment where individuals can engage with diverse art forms, discuss their perspectives, and participate in events produced by local community groups.

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Impact




July, 2024

The Olympia Film Society plays a crucial role in engaging the South Puget Sound community through the presentation of art-house films, live music, readings, and events produced by local community groups. By offering a platform for cultural enrichment and artistic expression, OFS fosters a sense of community among Olympia residents and encourages volunteerism. Additionally, the society ensures the preservation of the historic Capitol Theater, further enhancing the cultural landscape of the city. Through its diverse programming and commitment to local arts, the Olympia Film Society positively impacts the community by providing opportunities for connection, creative exploration, and appreciation of the arts.




This information is meant to be a general summary of Olympia Film Society. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$534,089 (2022)
Expenses
$554,439 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $316
  • Program Service Revenue: $226,071
  • Gross Receipts: $571,199

Assets and Liabilities:

  • Total Assets: $827,140
  • Total Liabilities: $311,601
  • Net Assets: $515,539

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Program Revenue

Revenue

$226,071

Organization Details

Founding Year

1980

Principal Officer

Damian Magista

Main Address

416 Washington Street SE 208, Olympia, WA, 98501

NTEE Category

Code: A31 - Arts

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