Meteor Films Inc

Analysis

Meteor Films Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 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 (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, Meteor Films Inc reported income of $281k and spending of $322k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $206k to $281k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Meteor Films Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Bullard Memorial Farm Association ($281k), Boundless Theatre Company Inc ($281k) and Hopewell Music Cooperative-North ($281k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.