Athens Film Arts Institute Inc

Analysis

Athens Film Arts Institute Inc is a registered charity in United States, based in Athens, GA. It received its IRS tax-exemption ruling in April 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 (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, Athens Film Arts Institute Inc reported income of $714k and spending of $757k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $719k to $714k (-0.6%), an average of -0.2% a year. The sharpest change came in the year to December 2021, when income rose by 131%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Athens Film Arts Institute Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within GA. Charities of a similar size with the same main cause include Pacific Islamic Community and Cultural Services ($714k), Speculative Technologies Inc ($715k) and Jackson Hole Public Art ($714k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $74k (9.8% of expenses). Other salaries and wages came to $212k. At year end it held assets of $2.3m against liabilities of $1.7m, net assets of $662k. It reported 21 employees.