Watsonville Film Festival

Analysis

Watsonville Film Festival is a registered charity in United States, based in Watsonville, CA. It received its IRS tax-exemption ruling in March 2017, 9 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 June 2024, Watsonville Film Festival reported income of $302k and spending of $229k, leaving 24% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $212k to $302k (+42%), an average of +42% a year. The sharpest change came in the year to June 2024, when income rose by 42%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Watsonville Film Festival sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Henryk Sienkiewicz Polish School NFP ($302k), No Square Theatre ($302k) and Walton Arts Center Foundation Inc ($302k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 77% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $72k (31% of expenses). Other salaries and wages came to $33k. At year end it held assets of $280k against liabilities of $0, net assets of $280k.