Mendocino Film Festival

Analysis

Mendocino Film Festival is a registered charity in United States, based in Mendocino, CA. It received its IRS tax-exemption ruling in February 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 June 2023, Mendocino Film Festival reported income of $295k and spending of $292k, spending 99% of its income. Across the 3 years on record, from June 2019 to June 2023, income fell from $316k to $295k (-6.7%), an average of -3.4% a year. The sharpest change came in the year to June 2022, when income dropped by 17%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mendocino Film Festival sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Westport Historical Society Inc ($295k), Evanston Symphony Orchestra Association ($295k) and H E Through the Arts Inc ($294k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $45k (15% of expenses). Other salaries and wages came to $3,222. At year end it held assets of $242k against liabilities of $4,142, net assets of $238k. It reported 2 employees.