Buffalo International Film Festival

Analysis

Buffalo International Film Festival is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in August 2006, 20 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, Buffalo International Film Festival reported income of $118k and spending of $120k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $118k (+103%), an average of +103% a year. The sharpest change came in the year to December 2023, when income rose by 103%. 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, Buffalo International Film Festival sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include Gilbert and Sullivan Society of Austin Texas Inc ($118k), Washington Street Historical Society ($118k) and Ellis County Museum Inc ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. At year end it held assets of $2,722 against liabilities of $0, net assets of $2,722.