Northeast Historic Film

Analysis

Northeast Historic Film is a registered charity in United States, based in Bucksport, ME. It received its IRS tax-exemption ruling in November 1987, 39 years ago. 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, Northeast Historic Film reported income of $701k and spending of $738k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $544k to $701k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northeast Historic Film sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within ME. Charities of a similar size with the same main cause include Milwaukee Careers Cooperative ($701k), I E S Language Foundation ($701k) and Yeshivath Shaar Hashamaim of Jerusalem Inc ($701k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $69k (9.4% of expenses). Other salaries and wages came to $300k. At year end it held assets of $2.7m against liabilities of $290k, net assets of $2.4m. It reported 14 employees.