Filter Photo NFP

Analysis

Filter Photo NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 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, Filter Photo NFP reported income of $176k and spending of $195k, spending 111% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $211k to $176k (-17%), an average of -8.8% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Filter Photo NFP sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within IL. Charities of a similar size with the same main cause include Woodland Hills Community Theater ($176k), North Star Boys Choir of Minnesota Inc ($176k) and The New Berlin Community Club of New Berlin Guadalupe County Texas ($176k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 43% of the total. At year end it held assets of $50k against liabilities of $5,133, net assets of $45k.