Humota Movie Group Inc

Analysis

Humota Movie Group Inc is a registered charity in United States, based in Humboldt, IA. It received its IRS tax-exemption ruling in May 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, Humota Movie Group Inc reported income of $152k and spending of $173k, spending 114% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $316k to $152k (-52%), an average of -31% a year. The sharpest change came in the year to December 2022, when income dropped by 38%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Humota Movie Group Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within IA. Charities of a similar size with the same main cause include All Are Stars Productions ($152k), Northfield Youth Choirs Inc ($152k) and Westerly Armory Restoration ($152k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 71% of the total. At year end it held assets of $104k against liabilities of $40k, net assets of $64k.