Washington D C International Film Festival Inc

Analysis

Washington D C International Film Festival Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 1986, 40 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 June 2022, Washington D C International Film Festival Inc reported income of $355k and spending of $364k, spending 103% of its income. Across the 4 years on record, from June 2019 to June 2022, income fell from $657k to $355k (-46%), an average of -19% a year. The sharpest change came in the year to June 2021, when income dropped by 41%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Washington D C International Film Festival Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 38th percentile within DC. Charities of a similar size with the same main cause include Northern Starz Theatre Company ($355k), Quad Cities Community Broadcasting Group Inc ($355k) and World Famous Blue Crab Festival Inc ($355k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 71% and program service revenue 29% of the total. At year end it held assets of $602k against liabilities of $4,606, net assets of $598k.