Friends of Bafta US Inc

Analysis

Friends of Bafta US Inc is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in June 2017, 9 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, Friends of Bafta US Inc reported income of $112k and spending of $134k, spending 120% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $697k to $112k (-84%), an average of -31% a year. The sharpest change came in the year to December 2019, when income rose by 104%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Bafta US Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 46th percentile within MA. Charities of a similar size with the same main cause include Education Francaise Los Angeles ($112k), Venango Museum of Art Science and Industry ($112k) and Carbon Fund ($112k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $250k against liabilities of $134k, net assets of $115k.