Silicon Valley African Film Festival

Analysis

Silicon Valley African Film Festival is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in November 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 (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, Silicon Valley African Film Festival reported income of $194k and spending of $194k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $197k to $194k (-1.8%), an average of -1.8% a year. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Silicon Valley African Film Festival sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Kiln Theatre ($194k), Windsor Theatre Development Corporation ($194k) and First Night Monterey Inc ($194k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.