Piedmont Triad Film Commission

Analysis

Piedmont Triad Film Commission is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in December 2011, 15 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, Piedmont Triad Film Commission reported income of $184k and spending of $136k, leaving 26% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $201k to $184k (-8.3%), an average of -8.3% a year. Over the whole period it spent 66% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Piedmont Triad Film Commission sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NC. Charities of a similar size with the same main cause include Three Rivers Library System ($184k), Cedar Branch Project ($184k) and Downtown Maryville Alliance ($184k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $84k (62% of expenses). At year end it held assets of $153k against liabilities of $6,474, net assets of $147k. It reported 1 employees.