Florida Film Institute Inc

Analysis

Florida Film Institute Inc is a registered charity in United States, based in North Miami, FL. It received its IRS tax-exemption ruling in May 2000, 26 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 May 2023, Florida Film Institute Inc reported income of $346k and spending of $343k, spending 99% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $273k to $346k (+27%), an average of +6.1% a year. The sharpest change came in the year to May 2020, when income rose by 16%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Florida Film Institute 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 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Cinefemme ($346k), Connecticut Womens Hall of Fame Inc ($346k) and Oded Halahmy Foundation for the Arts Inc ($346k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $65k (19% of expenses). Other salaries and wages came to $37k. At year end it held assets of $63k against liabilities of $1,436, net assets of $62k. It reported 1 employees.