Philos-Sophia Initiative Foundation
- Assets
- $13.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Hollywood, CA
- Founding
- 08/2019
- Data as of
- 12/2021
- EIN
- 82-2980803
Organization Overview
Philos-Sophia Initiative Foundation is located in West Hollywood, CA. The organization was established in 2019. According to its NTEE Classification (A31) the organization is classified as: Film & Video, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philos-Sophia Initiative Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Philos-Sophia Initiative Foundation generated $95.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (20.9%) each year. All expenses for the organization totaled $118.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
DEVELOPMENT OF DOCUMENTARY PRESENTING THE LIFE AND WORK OF DR. WOLFGANG SMITH AND TO EDUCATE THE PUBLIC.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard N Smith Secretary | 0 | $0 | |
Wolfgang Smith Chairman Of The Board | 4 | $0 | |
Troi Martin CEO | 20 | $0 | |
Katheryne Thomas CFO | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,259 |
| Total Program Service Revenue | $32,636 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $95,895 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $68,556 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $49,920 |
| Total expenses | $118,476 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,542 |
| Other assets | $0 |
| Total assets | $13,603 |
| Total liabilities | $0 |
| Net assets or fund balances | $13,603 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Film Institute Inc Los Angeles, CA | $61,308,139 | $40,403,671 |
International Documentary Association Inc Los Angeles, CA | $8,198,815 | $12,252,709 |
Film Independent Inc Los Angeles, CA | $7,465,634 | $11,527,723 |
Array Alliance Inc Encino, CA | $23,025,170 | $9,034,009 |
Santa Barbara International Film Festival Inc Santa Barbara, CA | $7,671,000 | $6,230,884 |
California Film Institute San Rafael, CA | $8,333,182 | $5,073,101 |
National Film Preserve Ltd Berkeley, CA | $40,155,231 | $15,232,996 |
Bfca Los Angeles, CA | $405,968 | $4,064,869 |
San Francisco Film Society San Francisco, CA | $2,689,392 | $4,948,774 |
Outfest Los Angeles, CA | $414,961 | $3,920,238 |
Bay Area Video Coalition Inc San Francisco, CA | $1,856,423 | $3,177,189 |
American Cinematheque Los Angeles, CA | $27,763,140 | $2,833,838 |