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Springfield Area Public Access Television

RegisteredEIN 03-0358977Springfield, VTArts, culture, heritage and science
Income$263k2024-06
Spending$266ksame year
Spent / received92%5-year average
Size in its cause65th pctArts, culture, heritage and science
Exempt since2000Publicly supported organisat
Employees8latest return

Analysis

Springfield Area Public Access Television is a registered charity in United States, based in Springfield, VT. It received its IRS tax-exemption ruling in March 2000, 26 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 2024, Springfield Area Public Access Television reported income of $263k and spending of $266k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $206k to $263k (+28%), an average of +6.3% a year. The sharpest change came in the year to June 2021, when income rose by 44%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Springfield Area Public Access Television sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 51st percentile within VT. Charities of a similar size with the same main cause include Massachusetts Review Inc ($263k), Bridge View Center Inc ($263k) and Daces Rock N More Music Academy ($263k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $55k (21% of expenses). Other salaries and wages came to $93k. At year end it held assets of $469k against liabilities of $7,254, net assets of $461k. It reported 8 employees.

Income and spending

$0$74k$148k$223k$297k2020 Income: $205,8662020 Spending: $222,65020202021 Income: $296,6842021 Spending: $226,06020212022 Income: $277,1942022 Spending: $247,40720222023 Income: $256,2862023 Spending: $239,44320232024 Income: $262,6502024 Spending: $266,0582024
IncomeSpending

Where the income comes from

  • Contributions & grants 17%
  • Program services 76%
  • Other 6.6%

Similar-sized charities, same cause

CharityLocationIncome
Massachusetts Review IncHadley$263k
Bridge View Center IncOttumwa$263k
Daces Rock N More Music AcademyMaple Valley$263k
Ballet School of StamfordStamford$263k