Friends of the Cineteca Di Bologna

Analysis

Friends of the Cineteca Di Bologna is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Friends of the Cineteca Di Bologna reported income of $181k and spending of $463k, spending 256% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $163k to $181k (+11%), an average of +2.8% a year. The sharpest change came in the year to December 2020, when income rose by 216%. Over the whole period it spent 93% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of the Cineteca Di Bologna sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Nous Foundation ($181k), Birthright Africa Incorporated ($182k) and Careforce International Inc ($181k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $196k against liabilities of $0, net assets of $196k.