Annapolis Film Festival Inc

Analysis

Annapolis Film Festival Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in September 2012, 14 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 June 2023, Annapolis Film Festival Inc reported income of $689k and spending of $711k, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $394k to $689k (+75%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 59%. 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, Annapolis Film Festival Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MD. Charities of a similar size with the same main cause include The Thriving Cities Group ($689k), Thelma Sadoff Center for the Arts Inc ($689k) and Ballethnic Dance Company Inc ($689k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. At year end it held assets of $133k against liabilities of $0, net assets of $133k.