Motion Picture Hall of Fame Foundation

Analysis

Motion Picture Hall of Fame Foundation is a registered charity in United States, based in Indio, CA. It received its IRS tax-exemption ruling in March 2004, 22 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 2021, Motion Picture Hall of Fame Foundation reported income of $60k and spending of $54k, spending 91% of its income. Across the 3 years on record, from December 2019 to December 2021, income fell from $216k to $60k (-72%), an average of -48% a year. The sharpest change came in the year to December 2020, when income dropped by 67%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Motion Picture Hall of Fame Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Concert Ballet of Virginia ($60k), Earth & Arts Center Inc ($60k) and Palm Springs Womens Jazz and Blues Association ($59k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $10k (19% of expenses). At year end it held assets of $5,162 against liabilities of $5,162, net assets of $0.