Adirondack Film Society Inc

Analysis

Adirondack Film Society Inc is a registered charity in United States, based in Lake Placid, NY. It received its IRS tax-exemption ruling in October 1999, 27 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, Adirondack Film Society Inc reported income of $155k and spending of $160k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $133k to $155k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Adirondack Film Society Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include WV State Farm Museum Inc ($155k), Cedar Center Arts Inc ($155k) and Rocknroll Chorus Foundation ($155k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. At year end it held assets of $18k against liabilities of $10k, net assets of $7,249.