Midwest Film Inc

Analysis

Midwest Film Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2005, 21 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 December 2023, Midwest Film Inc reported income of $86k and spending of $86k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $87k to $86k (-1.2%), an average of -1.2% a year. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Midwest Film Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within IL. Charities of a similar size with the same main cause include Asociacion Gnostica de Estudios de Antropologia Y Ciencias Ageacac in ($86k), Friends of the Alfred P Sloan Museum ($86k) and Carmel Community Players Inc ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 29% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.