Chesapeake Film Festival

Analysis

Chesapeake Film Festival is a registered charity in United States, based in Easton, MD. It received its IRS tax-exemption ruling in August 2014, 12 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, Chesapeake Film Festival reported income of $105k and spending of $104k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $105k (+7.6%), an average of +7.6% a year. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chesapeake Film Festival 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 38th percentile, and in the 39th percentile within MD. Charities of a similar size with the same main cause include Jezebel Productions Inc ($105k), Musical Observations Inc ($105k) and Futurepoem Inc ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. At year end it held assets of $95k against liabilities of $29k, net assets of $66k.