Marthas Vineyard Film Society Inc

Analysis

Marthas Vineyard Film Society Inc is a registered charity in United States, based in Vineyard HVN, MA. It received its IRS tax-exemption ruling in March 2005, 21 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, Marthas Vineyard Film Society Inc reported income of $947k and spending of $908k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $947k (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2021, when income rose by 199%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Marthas Vineyard Film Society Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Raizes Collective ($947k), Wisconsin Cranberry Research and Education Foundation Inc ($947k) and Houston Chamber Choir ($946k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $295k (32% of expenses). At year end it held assets of $2.2m against liabilities of $804k, net assets of $1.4m. It reported 8 employees.