Breckenridge Film Festival

Analysis

Breckenridge Film Festival is a registered charity in United States, based in Breckenridge, CO. It received its IRS tax-exemption ruling in October 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, Breckenridge Film Festival reported income of $526k and spending of $477k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $252k to $526k (+109%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Breckenridge Film Festival sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within CO. Charities of a similar size with the same main cause include Nantucket Community Music Center ($526k), North Cuyahoga Valley Corridor Inc ($526k) and Hot Springs Documentary Film Institute ($526k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $19k (4.0% of expenses). Other salaries and wages came to $184k. At year end it held assets of $127k against liabilities of $51k, net assets of $76k. It reported 11 employees.