Hamptons International Film Festival Inc

Analysis

Hamptons International Film Festival Inc is a registered charity in United States, based in East Hampton, NY. It received its IRS tax-exemption ruling in June 1993, 33 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hamptons International Film Festival Inc reported income of $2.1m and spending of $2.0m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.1m (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2020, when income dropped by 31%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hamptons International Film Festival Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Aldersgate Special Needs Ministry ($2.1m), Professional Child Care Association of Southwestern Indiana ($2.1m) and Irving Schools Foundation ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $391k (20% of expenses). Other salaries and wages came to $586k. At year end it held assets of $732k against liabilities of $253k, net assets of $480k. It reported 69 employees.