Santa Barbara International Film Festival Inc

Analysis

Santa Barbara International Film Festival Inc is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in April 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 April 2023, Santa Barbara International Film Festival Inc reported income of $6.1m and spending of $5.9m, spending 96% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $5.5m to $6.1m (+11%), an average of +2.6% a year. The sharpest change came in the year to April 2022, when income rose by 68%. 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, Santa Barbara International Film Festival Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Grand Opera House Inc ($6.1m), The Wang Center for the Performing Arts Inc ($6.1m) and Culturesource ($6.1m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 30% and program service revenue 64% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $9.9m against liabilities of $2.4m, net assets of $7.5m. It reported 34 employees.