Fort Wayne Cinema Center Inc

Analysis

Fort Wayne Cinema Center Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in March 1978, 48 years ago. 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 June 2024, Fort Wayne Cinema Center Inc reported income of $198k and spending of $277k, spending 140% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $193k to $198k (+2.7%), an average of +0.5% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fort Wayne Cinema Center Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within IN. Charities of a similar size with the same main cause include Mahtomedi Youth Baseball Inc ($198k), Atlanta Baseball Foundation Inc ($198k) and Richardson Womans Club Charitable Foundation ($198k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 36% and program service revenue 56% of the total. Other salaries and wages came to $75k. At year end it held assets of $351k against liabilities of $56k, net assets of $295k. It reported 8 employees.