Brooklyn Film Center Inc

Analysis

Brooklyn Film Center Inc is a registered charity in United States, based in Selden, NY. It received its IRS tax-exemption ruling in December 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, Brooklyn Film Center Inc reported income of $120k and spending of $113k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $120k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Brooklyn Film Center Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include Three Rivers Music Theatre Co ($120k), Choral Arts Alliance of Missouri ($120k) and Bath Music Association ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $29k against liabilities of $394, net assets of $28k.