To develop and support the voices of asian american and pacific islander filmmakers and Media artists who empower communities and challenge perspectives.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
Run by 280 volunteers and 16 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $220K a year · 17% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$100K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
3 mo
of spending, in cash
Looks good: 3.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
10
named funders · $728K
Looks good: 10 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$434K
25% of total assets
Looks good: liabilities are 25% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.0M
+71% vs prior year
Spent
$1.6M
To programs
81%
Net assets
$1.3M
By yearFY2020–FY2024
Revenue
$2.0M
FY2024▲ +71%
Tap a bar for its year
Revenue by fiscal year
FY2020$698K
FY2021$1.5M
FY2022$1.0M
FY2023$1.2M
FY2024$2.0M
Expenses
$1.6M
FY2024▲ +19%
Tap a bar for its year
Expenses by fiscal year
FY2020$609K
FY2021$799K
FY2022$986K
FY2023$1.3M
FY2024$1.6M
Net assets
$1.3M
FY2024▲ +54%
Tap a bar for its year
Net assets by fiscal year
FY2020$261K
FY2021$980K
FY2022$976K
FY2023$862K
FY2024$1.3M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1972.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $1.3M Management & general 19% · $292K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

13 people listed on the 990; $100K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Dir.
$100,500Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Francis Cullado’s $100K as Executive Dir. is at the 10th percentile of top reported officer pay among 145 $1–10M social science nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2020
Francis Cullado$100,500$90,750$84,750$72,800

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Visual Communications Media executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowers Asian American and Pacific Islander filmmakers and media artists to share their stories and perspectives.

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Provided by the organization

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3 programs · $1.2M · in their own filed words · FY2024
01

Fiscal Sponsorship

The organziation supports film projects and productions, providing administrative services and oversight to the activities of artists and individuals engaged in work that furthers the mission.

$592Kprogram expense
02

Film Fest (presentation)

The los angeles asian pacific film festival is an 8-DAY showcase of asian american filmmakers that takes place every may in los angeles and screens over 150 films from around the world.

$367Kprogram expense
03

Preservation of Historical Photos

The organization holds an extensive repository of asian pacific american history through photographs and moving image archives.

$235Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 10 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$2.0M
Ln 12
Gifts and grantsLn 1h$1.3M
Fees for servicesLn 2g$720K
Investment incomeLn 3$13K
Money outPt IX
$1.6M
Ln 25
Programscol B$1.3M
Managementcol C$292K
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$388K
Total assetsLn 16$1.8M
LiabilitiesLn 26$434K
PeoplePt VI, VII
13
listed · VII A
PaidVII A1
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.3M
Government grantsLn 1e$159K
Fees for servicesLn 2g$720K
Investment incomeLn 3$13K
Other incomeLn 4–11$7K
Gains on assetsLn 7−$18K
Total revenueLn 12$2.0M
Assets in detailPt X, end of year
CashLn 1$63K
SavingsLn 2$326K
Cash and savings togetherLn 1–2$388K
InvestmentsLn 11–13$391K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$424K
Total assetsLn 16$1.8M
LiabilitiesLn 26$434K
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 516
VolunteersI 6280
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$521K$388K
InvestmentsLn 11–13$344K$391K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$1.3M$1.8M
LiabilitiesLn 26$453K$434K
Net assetsLn 32$862K$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$100K$30K$70K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$169K$131K$39K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$19K$19K
Payroll taxesLn 10$67K$31K$37K
Management feesLn 11a$0
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$27K$27K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$22K$16K$7K
Information technologyLn 14$3K$3K
RoyaltiesLn 15$0
OccupancyLn 16$32K$32K
TravelLn 17$23K$20K$3K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$9K$9K
Other expenses (24a–d)Ln 24$904K$891K$13K
All other expensesLn 24e$197K$164K$33K
Total functional expensesLn 25$1.6M$1.3M$292K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $2.0M$1.6M$418K$1.3M 990 PDF
FY2023 $1.2M$1.3M−$156K$862K 990 PDF
FY2022 $1.0M$986K$51K$976K 990 PDF
FY2021 $1.5M$799K$700K$980K 990 PDF
FY2020 $698K$609K$89K$261K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $1,995,647 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,004,888$1,268,481
I-9 Program service revenuePrior year $154,435$720,017
I-10 Investment incomePrior year $5,853−$5,396
I-11 Other revenuePrior year $4,760$12,545
I-12 Total revenuePrior year $1,169,936$1,995,647
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $451,986$356,466
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $873,768$1,221,331
I-18 Total expensesPrior year $1,325,754$1,577,797
I-19 Revenue less expensesPrior year −$155,818$417,850
Part VI · Governance 13 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,995,647 across 11 lines filed
Lines not itemized here account for $6,554 of total revenue; see the IRS return.
VIII-1e Government grants$158,824
VIII-1f All other contributions, gifts and grants$1,109,657
VIII-1h Total contributions, gifts and grants$1,268,481
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $720,017$720,017
VIII-3 Investment incomeExcluded from tax $12,976$12,976
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$18,372−$18,372
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $5,991$5,991
VIII-12 Total revenueRelated to mission $720,017 · Excluded from tax $7,149$1,995,647
Part IX · Statement of functional expenses $1,577,797 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $30,150 · Management $70,350$100,500
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $130,742 · Management $38,658$169,400
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsManagement $19,316$19,316
IX-10 Payroll taxesPrograms $30,702 · Management $36,548$67,250
IX-11a Management fees$0
IX-11b Legal feesPrograms $2,500$2,500
IX-11c Accounting feesManagement $27,390$27,390
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $15,889 · Management $6,587$22,476
IX-14 Information technologyManagement $3,210$3,210
IX-15 Royalties$0
IX-16 OccupancyManagement $32,279$32,279
IX-17 TravelPrograms $20,263 · Management $2,745$23,008
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $9,318$9,318
IX-24 Other expenses (24a–d)Programs $891,250 · Management $12,890$904,140
IX-24e All other expensesPrograms $164,010 · Management $33,000$197,010
IX-25 Total functional expensesPrograms $1,285,506 · Management $292,291 · Fundraising $0$1,577,797
Part X · Balance sheet $1,763,677 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $57,259$62,892
X-2 Savings and temporary cash investmentsStart of year $463,298$325,597
X-3 Pledges and grants receivableStart of year $51,046$553,326
X-4 Accounts receivable$0
X-8 Inventories for sale or useStart of year $6,235$6,235
X-9 Prepaid expenses and deferred chargesStart of year $285$285
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securitiesStart of year $344,429$391,344
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $392,679$423,998
X-16 Total assetsStart of year $1,315,231$1,763,677
X-17 Accounts payable and accrued expensesStart of year $18,992$6,042
X-25 Other liabilitiesStart of year $7,080$5,734
X-26 Total liabilitiesStart of year $453,329$434,336
X-27 Net assets without donor restrictionsStart of year $811,152$1,329,341
X-32 Total net assets or fund balancesStart of year $861,902$1,329,341
X-33 Total liabilities and net assetsStart of year $1,315,231$1,763,677
Part XI · Reconciliation of net assets $1,329,341 net assets at year end
XI-1 Total revenue$1,995,647
XI-2 Total expenses$1,577,797
XI-3 Revenue less expenses$417,850
XI-4 Net assets at start of year$861,902
XI-5 Net unrealized gains (losses) on investments$54,093
XI-8 Prior period adjustments−$4,497
XI-9 Other changes in net assets−$7
XI-10 Net assets at end of year$1,329,341

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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