Monadnock Media Inc

Analysis

Monadnock Media Inc is a registered charity in United States, based in Hatfield, MA. It received its IRS tax-exemption ruling in May 1981, 45 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 September 2023, Monadnock Media Inc reported income of $903k and spending of $1.5m, spending 164% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $3.4m to $903k (-74%), an average of -28% a year. The sharpest change came in the year to September 2022, when income dropped by 51%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Monadnock Media Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Millerton Community Cinema Inc ($903k), Expressions Learning Arts Academy Inc ($903k) and Contemporary Arts Memphis ($902k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 66% of the total. Compensation of current officers, directors and key employees was $249k (17% of expenses). Other salaries and wages came to $680k. At year end it held assets of $5.1m against liabilities of $347k, net assets of $4.7m. It reported 15 employees.