Santa Fe Film Festival Inc

Analysis

Santa Fe Film Festival Inc is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in July 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 June 2023, Santa Fe Film Festival Inc reported income of $91k and spending of $93k, spending 102% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $49k to $91k (+85%), an average of +85% a year. The sharpest change came in the year to June 2023, when income rose by 85%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Santa Fe Film Festival Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 30th percentile within NM. Charities of a similar size with the same main cause include Kay Butler Performing Arts Project ($91k), Cleveland Art Association ($91k) and Bay Youth Music Association Inc ($91k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $1 against liabilities of $795, net assets of -$794.