Mobile International Festival Inc

Analysis

Mobile International Festival Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in January 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 December 2023, Mobile International Festival Inc reported income of $195k and spending of $190k, spending 97% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $222k to $195k (-12%), an average of -2.5% a year. The sharpest change came in the year to December 2022, when income rose by 264%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mobile International Festival Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within AL. Charities of a similar size with the same main cause include Florida Chamber Orchestra Company ($195k), Connecticut Tamil Sangam Inc ($196k) and Arts Project of Cherry Grove Inc ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. At year end it held assets of $98k against liabilities of $169, net assets of $98k.