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Aspenfilm

EIN 74-2483139 · Aspen, CO

Public records raise at least one point you should look into before giving.

LegitimacyCautionRegistration and standingFinancial healthWeak34 out of 100GovernanceGood75 out of 100Impact evidenceDescribes programsHow well its results are evidenced

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 ENLIGHTEN, ENRICH, EDUCATE AND ENTERTAIN THROUGH FILM. SERVING RESIDENTS AND VISITORS OF ALL AGES, ASPEN FILM STIMULATES THOUGHT, ENCOURAGES DIALOGUE, AND BROADENS UNDERSTANDING OF OUR WORLD AND OURSELVES THROUGH THE DIVERSE SPECTRUM OF IDEAS PRESENTED BY FILMMAKERS WORLDWIDE. OUR STATEMENT OF CORPORATE PURPOSE IS TO SHOW FILMS IN THE ROARING FORK VALLEY, TO DEVELOP APPRECIATION FOR THE FILM MEDIUM AND RELATED MEDIA, TO EDUCATE CITIZENS OF ALL AGES CONCERNING FILM AND RELATED MEDIA AND TO SERVE AS A PRESENTER OF FEATURE FILMS, SHORT FILMS, AND ANIMATED FILMS AND, IN PARTICULAR, FILMS MADE BY INDEPENDENT FILMMAKERS WORLDWIDE.

Income
$1.2 million
Spending
$1.3 million
Spent on programs
81%
Reserves
-23.8 months of spending
Largest source of income
donations and private grants, 57%
Employees
6
Volunteers
30
Highest pay
$212,000, executive director

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 34 out of 100. Higher than 6% of charities in its peer group (arts and culture, $1m to $10m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    5 of 20

    It owes 72% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 14% of income.

  • Income trend

    10 of 15

    Income fell 7% on the year before.

  • Spending floor

    15 of 15

    81% of spending went to programs and raising each dollar of donations cost 11 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 75 out of 100. Higher than 25% of charities in its peer group (arts and culture, $1m to $10m).

  • Independent board

    25 of 25

    14 of 14 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    0 of 10

    Reports at least one of: diversion of assets, excess benefits, loans to insiders.

Source: Form 990 for the year ending June 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 (4)
  1. $186,505 spent. SHORTSFEST - SPECIAL FESTIVAL FEATURING SHORT FILMS MADE BY INDEPENDENT PRODUCERS.
  2. $49,489 spent. ACADEMY SCREENING - ANNUAL PRESENTATION OF FILMS NOMINATED FOR ACADEMY AWARDS.
  3. $57,933 spent. FILMFEST - PROVIDES OPPORTUNITIES FOR LESSER KNOWN INDEPENDENT FILM PRODUCERS TO SHOW THEIR FILMS TO THE RESIDENTS OF THE ROARING FORK VALLEY.
  4. $803,302 spent. OTHER PROGRAM ACTIVITIES

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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.

  2. 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.

  3. 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.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since June 1988.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Caution.

    California's Attorney General lists its registration as revoked as of June 30, 2005. Organizations on this list may not solicit donations in California.

    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.