Indianapolis Film Project Inc

Analysis

Indianapolis Film Project Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in October 2019, 7 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, Indianapolis Film Project Inc reported income of $1.1m and spending of $1.4m, spending 124% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income fell from $2.6m to $1.1m (-57%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 1306%. Over the whole period it spent 55% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Indianapolis Film Project Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within IN. Charities of a similar size with the same main cause include Center for American Values Inc ($1.1m), Tuesday Musical Association ($1.1m) and The Fountainhead Residency Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 69% of the total. Other salaries and wages came to $371k. At year end it held assets of $5.5m against liabilities of $2.3m, net assets of $3.2m. It reported 20 employees.