Portland Film Festival

Analysis

Portland Film Festival is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in April 2015, 11 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 2022, Portland Film Festival reported income of $229k and spending of $223k, spending 97% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $325k to $229k (-30%), an average of -11% a year. The sharpest change came in the year to December 2021, when income dropped by 28%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Portland Film Festival sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within OR. Charities of a similar size with the same main cause include Historic Cragfont Inc ($229k), Positive Street Art ($229k) and Cowboy Days Incorporated ($228k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.