Film Florida Inc

Analysis

Film Florida Inc is a registered charity in United States, based in Winnebago, IL. It received its IRS tax-exemption ruling in January 2025. 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 Florida Inc reported income of $220k and spending of $224k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $223k to $220k (-1.6%), an average of -0.4% a year. The sharpest change came in the year to December 2020, when income dropped by 37%. Over the whole period it spent 99% 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 Florida Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within IL. Charities of a similar size with the same main cause include St Louis Cathedral Concerts ($220k), Aleph Media Incorporated ($220k) and California Citrus State Historic Park Non Profit Management Corp ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $66k (29% of expenses). Other salaries and wages came to $12k. At year end it held assets of $137k against liabilities of $1,302, net assets of $135k.