Omaha Film Festival

Analysis

Omaha Film Festival is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in January 2007, 19 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 April 2024, Omaha Film Festival reported income of $115k and spending of $119k, spending 104% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $98k to $115k (+17%), an average of +17% a year. The sharpest change came in the year to April 2024, when income rose by 17%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Omaha Film Festival sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NE. Charities of a similar size with the same main cause include Future Now Media Foundation Inc ($115k), Cahokia Mounds Museum Society ($115k) and Hotrock Energy Research Organization ($115k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 52% and program service revenue 48% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.