Sedona International Film Festival & Workshop

Analysis

Sedona International Film Festival & Workshop is a registered charity in United States, based in Sedona, AZ. It received its IRS tax-exemption ruling in July 2004, 22 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Sedona International Film Festival & Workshop reported income of $1.8m and spending of $1.7m, spending 94% of its income. Across the 4 years on record, from May 2020 to May 2023, income fell from $2.0m to $1.8m (-8.2%), an average of -2.8% a year. The sharpest change came in the year to May 2022, when income rose by 97%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sedona International Film Festival & Workshop sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within AZ. Charities of a similar size with the same main cause include Advocate Media - Dallas Inc ($1.8m), Institute for Child Success Inc ($1.8m) and Friends of Public Radio Inc ($1.8m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 56% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $110k (6.3% of expenses). Other salaries and wages came to $264k. At year end it held assets of $2.7m against liabilities of $91k, net assets of $2.6m. It reported 21 employees.