African Diaspora Film Festival Inc

Analysis

African Diaspora Film Festival Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2008, 18 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, African Diaspora Film Festival Inc reported income of $150k and spending of $149k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $140k to $150k (+7.2%), an average of +3.5% a year. The sharpest change came in the year to December 2022, when income rose by 23%. 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, African Diaspora Film Festival Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Inta Inc ($150k), Centro Recreativo Portugues de Jamaica Ny Inc ($150k) and House of the Arts International Inc ($150k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.