Durango Film Institute

Analysis

Durango Film Institute is a registered charity in United States, based in Durango, CO. 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 (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, Durango Film Institute reported income of $136k and spending of $151k, spending 111% of what it took in. Across the 2 years on record, from June 2020 to June 2023, income fell from $187k to $136k (-27%), an average of -27% a year. The sharpest change came in the year to June 2023, when income dropped by 27%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Durango Film Institute sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 41st percentile within CO. Charities of a similar size with the same main cause include Carolina Youth Ballet Inc ($136k), The British Players Inc ($136k) and Bosnian-Herzegovinian-American Academy of Arts and Sciences Inc ($136k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.