Kartemquin Educational Films

Analysis

Kartemquin Educational Films is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 1985, 41 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, Kartemquin Educational Films reported income of $3.1m and spending of $1.9m, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.0m to $3.1m (-49%), an average of -15% a year. The sharpest change came in the year to December 2022, when income dropped by 50%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kartemquin Educational Films sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Volunteers of America Inc ($3.1m), Lawyers Alliance for New York ($3.1m) and Delaware Center for Homeless Veterans Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $150k (8.0% of expenses). Other salaries and wages came to $552k. At year end it held assets of $3.6m against liabilities of $230k, net assets of $3.4m. It reported 12 employees.