Film Festival Alliance

Analysis

Film Festival Alliance is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Film Festival Alliance reported income of $142k and spending of $171k, spending 120% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $235k to $142k (-40%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Film Festival Alliance sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 24th percentile within DC. Charities of a similar size with the same main cause include Poston Community Alliance Inc ($142k), Mt Si Artist Guild ($142k) and California Bamileke Association ($142k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $54k (32% of expenses). Other salaries and wages came to $43k. At year end it held assets of $159k against liabilities of $17k, net assets of $142k. It reported 3 employees.