Black Filmmaker Foundation

Analysis

Black Filmmaker Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1979, 47 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, Black Filmmaker Foundation reported income of $301k and spending of $410k, spending 136% of what it took in. The sharpest change came in the year to December 2023, when income rose by 201%. Over the whole period it spent 143% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Black Filmmaker Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Cascade Youth Symphony ($301k), Countywide Historical Alliance Inc ($301k) and PTA California Congress of Parents Teachers & Students Inc ($301k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $53k (13% of expenses). At year end it held assets of $627k against liabilities of $2,157, net assets of $625k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.