Basically. Members working in the U.S. embassy in Iran get taken over by a huge gang of protesters than take many, many people hostage. They shred the documents while 6 of the top notch members flee to the Canadian Ambassador's Residence.

Tony Mendez, a U.S. Central Intelligence Agency exfiltration specialist, is brought in for consultation. He criticizes the proposals, but is at a loss when asked for an alternative. While on the phone with his son, he is inspired by watching Battle for the Planet of the Apes and begins plans for creating a cover story for the escapees: that they are Canadian filmmakers who happened to be in Iran scouting exotic locations for a similar science-fiction film.

Mendez contacts John Chambers, a Hollywood make-up artist who had previously crafted disguises for the CIA. Chambers puts Mendez in touch with film producer Lester Siegel. Together, they set up a phony film production company, publicize their plans, and successfully establish the pretense of developing Argo, a "science fantasy adventure" in the style of Star Wars, to lend credibility to the cover story. Meanwhile, the escapees grow frantic inside the ambassador's residence. The protesters reassemble embassy photographs shredded before the takeover and learn that some personnel have escaped.

Posing as a producer for Argo, Mendez enters Iran and links up with the six escapees. He provides them with Canadian passports and fake identities to prepare them to get through security at the airport. Although afraid to trust Mendez' scheme, they reluctantly go along with it, knowing that he is risking his own life too. A scouting visit to the bazaar to maintain their cover story takes a bad turn, but their Iranian culture contact gets them away from the hostile crowd.

He pushes ahead, forcing O'Donnell to hastily re-obtain authorization for the mission to get tickets on a Swissair flight. 
Mendez is told that the operation has been cancelled to avoid conflicting with a planned military rescude of the hostages. Tension rises at the airport, where the escapees' flight reservations are confirmed at the last minute, and a guard's call to the supposed production company in Hollywood is answered at the last second. The group boards the plane, which takes off just as the Revolutionary Guards at the airport uncover the ruse and try to stop them.

To protect the hostages remaining in Tehran from retaliation, all U.S. involvement in the rescue is suppressed, giving full credit to the Canadian government and its ambassador (who left Iran with his wife under their own credentials as the operation was underway; their Iranian housekeeper, who had known about the Americans and lied to the revolutionaries to protect them, escaped to Iraq). Mendez is awarded the Intellegence Star, but due to the mission's classified nature, he would not be able to keep the medal until the details were publicized in 1997. All the hostages were freed on January 20, 1981. The film ends with former President Jimmy Carter's speech about the crisis and the Canadian Caper.

Innapropriate Material:
A brief innapropriate drawing is seen.
On the poster (in-movie) you see someone in a bikini.
Two small innapropriate references, not that easy to notice. Only one is noticable.

Violence and Gore:
Hostage situations, guns to heads, blindfolded. Might be scary for younger viewers.
In the bazaar many protesters jostle and thump the VW. 
A man is shot in the gut, it's a distance away.
We see a some blod
There is an illustration of a man being tortured, it's a depiction, not bad.

Profanity:
Roughly 45 swears. One rude hand gesture.

Alcohol/Drugs/Smoking:

Everyone smokes throughout the movie, it's a reflection of the 1980's. It wouldn't really matter.


OVERALL:
This movie would suit kids 13+