International Film Seminars Inc

Analysis

International Film Seminars Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 1963, 63 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, International Film Seminars Inc reported income of $314k and spending of $785k, spending 250% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $402k to $314k (-22%), an average of -4.8% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Film Seminars Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include New Hope Inc ($314k), Tamalpa Institute ($314k) and Loma Linda University Medical Auxiliary ($314k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $93k (12% of expenses). Other salaries and wages came to $145k. At year end it held assets of $626k against liabilities of $224k, net assets of $402k. It reported 4 employees.