Hamptons Take 2 Documentary Film Festival Inc

Analysis

Hamptons Take 2 Documentary Film Festival Inc is a registered charity in United States, based in Bridgehampton, NY. It received its IRS tax-exemption ruling in March 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 December 2023, Hamptons Take 2 Documentary Film Festival Inc reported income of $359k and spending of $313k, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $282k to $359k (+27%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hamptons Take 2 Documentary Film Festival Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include 122 East 66th Street Foundation Inc ($359k), Missouri River Basin Lewis & Clark Interpretative Trail & Vistor Cent ($359k) and Our Fabulous Variety Show Inc ($359k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $60k (19% of expenses). At year end it held assets of $116k against liabilities of $120, net assets of $115k.