Indian Film Festival of Houston Inc

Analysis

Indian Film Festival of Houston Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 2011, 15 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 December 2023, Indian Film Festival of Houston Inc reported income of $86k and spending of $62k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $86k (+90%), an average of +90% a year. The sharpest change came in the year to December 2023, when income rose by 90%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Indian Film Festival of Houston Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include Ukiah Symphony Association ($86k), I-Kuan Tao Fycd Cultural and Educational Association Washington ($86k) and Dance Esaias Corporation ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.