Ragtag Film Society
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
TO CHAMPION INDEPENDENT FILM AND THE ARTS IN WAYS THAT STIMULATE AND ENRICH DOWNTOWN COLUMBIA AND ALL OF CENTRAL MISSOURI BY PRESENTING FILM AS AN ART FORM; PROMOTING MEDIA LITERACY, EDUCATION, AND NEW IDEAS; SUPPORTING LOCAL MEDIA ARTISTS; AND HOSTING COMMUNITY EVENTS. RAGTAG PRESENTS AN ANNUAL DOCUMENTARY FILM FESTIVAL THAT HIGHLIGHTS THE INNOVATIVE WORK WITH A CINEMATIC SCOPE, CREATIVE TAKES ON CONTEMPORARY CURRENTS, AND WORK THAT PROVOKES DIALOGUE ABOUT ITS SUBJECT AND THE DOCUMENTARY FORM ITSELF.
- Income
- $1.9 million
- Spending
- $2.0 million
- Spent on programs
- 63%
- Reserves
- 1.7 months of spending
- Largest source of income
- donations and private grants, 50%
- Employees
- 33
- Volunteers
- 500
- Highest pay
- $46,794, executive director
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 37 out of 100. Higher than 9% of charities in its peer group (arts and culture, $1m to $10m).
Reserves
10 of 35Spendable reserves would cover 1.7 months of spending.
Debt
5 of 20It owes 70% of what it owns.
Living within its means
4 of 15Spending exceeded income by 10% of income.
Income trend
10 of 15Income fell 1% on the year before.
Spending floor
8 of 1563% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 90 out of 100. Higher than 49% of charities in its peer group (arts and culture, $1m to $10m).
Independent board
25 of 2514 of 14 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
0 of 10Reports at least one of: diversion of assets, excess benefits, loans to insiders.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $137,413 spent. TRUE/FALSE FILM FESTIVAL
- $1.2 million spent. FILM SHOWINGS FOR THE PUBLIC, PRIVATE GROUPS, AND SPONSORING PUBLIC FILM FESTIVALS IN COLUMBIA, MISSOURI.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 2004.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.