Screamfest Horror Film Festival

Analysis

Screamfest Horror Film Festival is a registered charity in United States, based in Beverly Hills, CA. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Screamfest Horror Film Festival reported income of $253k and spending of $243k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $232k to $253k (+9.3%), an average of +9.3% a year. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Screamfest Horror Film Festival sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Arena Theater Association ($253k), Educarte Incorporated ($253k) and Vero Beach Art Club Inc ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $66k (27% of expenses). At year end it held assets of -$21k against liabilities of -$71k, net assets of $49k. It reported 3 employees.