Rockaway Film Festival

Analysis

Rockaway Film Festival is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 2020, 6 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, Rockaway Film Festival reported income of $141k and spending of $127k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $113k to $141k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rockaway Film Festival sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Northwest Documentary Arts & Media ($141k), Old Shawnee Days Society ($141k) and The Barn Studio of Art Inc ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.