Millennium Film Workshop Inc

Analysis

Millennium Film Workshop Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 1968, 58 years ago. 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 June 2024, Millennium Film Workshop Inc reported income of $130k and spending of $97k, leaving 25% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $84k to $130k (+54%), an average of +54% a year. The sharpest change came in the year to June 2024, when income rose by 54%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Millennium Film Workshop Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Little League Baseball Inc ($130k), Embrace Mercy ($130k) and PTA California Congress of Parents Teachers & Students Inc ($130k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 75% and program service revenue 13% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.