Avon Theatre Film Center Inc

Analysis

Avon Theatre Film Center Inc is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in July 2003, 23 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 March 2023, Avon Theatre Film Center Inc reported income of $1.0m and spending of $1.2m, spending 117% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $1.1m to $1.0m (-5.1%), an average of -1.3% a year. The sharpest change came in the year to March 2022, when income rose by 90%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Avon Theatre Film Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within CT. Charities of a similar size with the same main cause include San Luis Obispo Symphony Inc ($1.0m), Society for Imaging Science and Technology ($1.0m) and Fuse Box Austin ($1.0m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 59% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $177k (15% of expenses). Other salaries and wages came to $346k. At year end it held assets of $495k against liabilities of $346k, net assets of $149k. It reported 16 employees.