Provincetown Film Society Inc

Analysis

Provincetown Film Society Inc is a registered charity in United States, based in Provincetown, MA. It received its IRS tax-exemption ruling in January 2003, 23 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, Provincetown Film Society Inc reported income of $1.1m and spending of $1.1m, spending 95% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $902k to $1.1m (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Provincetown Film Society Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include Phoenix Boys Choir Association ($1.1m), Jazz Institute of Chicago Inc ($1.1m) and Newfilmmakers Los Angeles ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 37% of the total. Other salaries and wages came to $342k. At year end it held assets of $843k against liabilities of $405k, net assets of $439k. It reported 14 employees.