March on Washington Film Festival

Analysis

March on Washington Film Festival is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 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 (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, March on Washington Film Festival reported income of $1.2m and spending of $1.8m, spending 159% of what it took in. Across the 5 years on record, from August 2019 to December 2023, income grew from $1.1m to $1.2m (+0.5%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 120%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, March on Washington Film Festival sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 57th percentile within DC. Charities of a similar size with the same main cause include North End Music and Performing Arts Center ($1.2m), Paid in Full Foundation ($1.2m) and Fort Adams Trust Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $127k (7.0% of expenses). At year end it held assets of $179k against liabilities of $122k, net assets of $56k.