Dumbo Film Festival Inc

Analysis

Dumbo Film Festival Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in June 2020, 6 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, Dumbo Film Festival Inc reported income of $75k and spending of $71k, spending 95% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $52k to $75k (+45%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dumbo Film Festival Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include New Paradigm Theatre Company Inc ($75k), Temenos Inc ($75k) and Enamel Arts Foundation ($75k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $40k (56% of expenses). Other salaries and wages came to $8,136. At year end it held assets of $3,873 against liabilities of $0, net assets of $3,873.