Hot Springs Documentary Film Institute

Analysis

Hot Springs Documentary Film Institute is a registered charity in United States, based in Hot Springs, AR. It received its IRS tax-exemption ruling in June 1993, 33 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, Hot Springs Documentary Film Institute reported income of $526k and spending of $485k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $317k to $526k (+66%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hot Springs Documentary Film Institute sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within AR. Charities of a similar size with the same main cause include River City Rhythm Inc ($526k), Nantucket Community Music Center ($526k) and Krewe of Poseidon Inc ($525k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 21% of the total. Other salaries and wages came to $139k. At year end it held assets of $149k against liabilities of $20k, net assets of $129k. It reported 3 employees.