Best Video Film & Cultural Center

Analysis

Best Video Film & Cultural Center is a registered charity in United States, based in Hamden, CT. It received its IRS tax-exemption ruling in February 2016, 10 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 September 2023, Best Video Film & Cultural Center reported income of $146k and spending of $101k, leaving 31% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $89k to $146k (+65%), an average of +13% a year. The sharpest change came in the year to September 2022, when income rose by 40%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Best Video Film & Cultural Center sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within CT. Charities of a similar size with the same main cause include The Patrons of the Arts in the Vatican Museums Inc ($146k), Powrplnt Inc ($146k) and Wonder Lake Water Ski Show Team ($146k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 211% of the total. At year end it held assets of $236k against liabilities of $47k, net assets of $189k. It reported 15 employees.