Ghetto Film School Inc

Analysis

Ghetto Film School Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in November 2000, 26 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, Ghetto Film School Inc reported income of $5.3m and spending of $6.0m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.0m to $5.3m (+6.1%), an average of +1.5% a year. The sharpest change came in the year to December 2021, when income rose by 191%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ghetto Film School Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include James a Michener Art Museum ($5.3m), The Lynnwood Foundation ($5.3m) and Naval History Foundation of South Texas ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $722k (12% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.9m against liabilities of $1.6m, net assets of $2.3m. It reported 29 employees.