Coronado Island Film Festival

Analysis

Coronado Island Film Festival is a registered charity in United States, based in Coronado, CA. It received its IRS tax-exemption ruling in August 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Coronado Island Film Festival reported income of $500k and spending of $520k, spending 104% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $354k to $500k (+41%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 82%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Coronado Island Film Festival sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Arts Gowanus Inc ($500k), Hope Alive Incorporated ($500k) and Lions & Rabbits Center for the Arts ($500k).

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 $71k against liabilities of $1,501, net assets of $69k. It reported 1 employees.