Dracut Access Television Inc

Analysis

Dracut Access Television Inc is a registered charity in United States, based in Dracut, MA. It received its IRS tax-exemption ruling in October 2007, 19 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Dracut Access Television Inc reported income of $511k and spending of $585k, spending 114% of what it took in. Across the 6 years on record, from December 2019 to June 2024, income fell from $554k to $511k (-7.8%), an average of -1.6% a year. The sharpest change came in the year to June 2023, when income rose by 82%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dracut Access Television Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MA. Charities of a similar size with the same main cause include Gumbo Limbo Coastal Stewards Inc ($511k), American Festival Chorus and Orchestra ($511k) and Resolution Inc ($511k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $94k (16% of expenses). Other salaries and wages came to $191k. At year end it held assets of $1.5m against liabilities of $286k, net assets of $1.2m. It reported 5 employees.