<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Balance Sheets and Statement of Operations for the year ended December 31, 1995 Form 10K of Delphi Film Associates III and is qualified in its entirety by reference to such financial statements. <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> DEC-31-1995 <CASH> 155,000 <SECURITIES> 986,000 <RECEIVABLES> 1,143,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 2,872,000 <CURRENT-LIABILITIES> 0 <BONDS> 0 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 2,817,000 <TOTAL-LIABILITY-AND-EQUITY> 2,872,000 <SALES> 0 <TOTAL-REVENUES> 66,000 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 331,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 1,182,000 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,182,000 <EPS-PRIMARY> 121.00 <EPS-DILUTED> 0