Pan African Film Festival

Analysis

Pan African Film Festival is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 1992, 34 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, Pan African Film Festival reported income of $1.2m and spending of $1.2m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $790k to $1.2m (+55%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 200%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pan African Film Festival sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Horological Society of New York Inc ($1.2m), Ballet Virginia ($1.2m) and Comitas Institute for Anthropological Study Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. At year end it held assets of $139k against liabilities of $42k, net assets of $97k.