New Orleans Film and Video Society Inc

Analysis

New Orleans Film and Video Society Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in December 1989, 37 years ago. 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 June 2023, New Orleans Film and Video Society Inc reported income of $1.8m and spending of $1.6m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.8m (+40%), an average of +8.7% a year. The sharpest change came in the year to June 2020, when income rose by 41%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Orleans Film and Video Society Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within LA. Charities of a similar size with the same main cause include Create Ca ($1.8m), Youth Orchestras of San Antonio ($1.8m) and National Coalition for the Homeless Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $109k (6.8% of expenses). Other salaries and wages came to $516k. It paid $39k in professional fundraising fees. At year end it held assets of $1.7m against liabilities of $207k, net assets of $1.5m. It reported 52 employees.