FRIENDS OF CINETECA DI BOLOGNA

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

MATTHEW BERNSTEIN

Phone

3109091900

Tax Period

2024-01-01 to 2024-12-31

FRIENDS OF CINETECA DI BOLOGNA, founded in 2016, is a small nonprofit in the International Affairs sector that reported $722K in total revenue in fiscal year 2024. Revenue surged 298% from the prior year, signaling strong growth momentum. Expenses of $697K left a modest 3% surplus.

Mission

TO PROMOTE THE ARCHIVAL CONSERVATION AND RESTORATION OF HISTORIC FILMS, TO MAKE SUCH FILMS AVAILABLE TO THE PUBLIC, TO INCREASE KNOWLEDGE ABOUT FILM CULTURE THROUGH TRAINING, REASEARCH AND PUBLISHING, AND TO CARRY ON OTHER CHARITABLE, EDUCATIONAL AND SCIENTIFIC ACTIVITIES ASSOCIATED WITH THIS GOAL AS ALLOWED BY LAW.

Program Service Accomplishments

Program 1

Expenses: $143,152

COMPLETED RESTORATION OF "STARS IN BROAD DAYLIGHT".

Program 2

Expenses: $141,315

COMPLETED RESTORATION OF "LA NOUBA DES FEMMS DU MONT CHEN".

Program 3

Expenses: $133,272

COMPLETED RESTORATION OF "CAMP DE THIAROYE".

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $721,923

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $721,923

Expense Breakdown

Grants Paid $691,983

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $691,983

Other Expenses $5,380

TOTAL EXPENSES $697,363

Year-over-Year Comparison

	2024	2023	Change
Revenue	$721,923	$181,259	+3.0%
Expenses	$697,363	$463,470	+0.5%
Net Income	$24,560	$-282,211	-1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTHEW BERNSTEIN	PRESIDENT	5.00	Officer	$0	$0	$0
DONALD CRAFTON	SECRETARY	5.00	Officer	$0	$0	$0
GROVER CRISP	TREASURER	5.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$721,923	$697,363	$220,567	$24,560
2023	$181,259	$463,470	$196,007	$-282,211
2022	$780,689	$435,649	$478,218	$345,040
2021	$767,838	$763,718	$133,178	$4,120
2020	$513,404	$432,715	$129,058	$80,689
2019	$162,566	$149,726	$48,369	$12,840
2018	$1,000,701	$1,725,963	$35,529	$-725,262