Fresh Coast Film Festival

Analysis

Fresh Coast Film Festival is a registered charity in United States, based in Marquette, MI. It received its IRS tax-exemption ruling in May 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fresh Coast Film Festival reported income of $93k and spending of $105k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $93k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fresh Coast Film Festival sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within MI. Charities of a similar size with the same main cause include International Association of Indianapolis 500 Oltimers Inc ($93k), St Johns River Festival of the Arts Inc in Historic Sanford FL ($93k) and Acme Screening Room ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 84% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.