Mansfield Cable Access Corp

Analysis

Mansfield Cable Access Corp is a registered charity in United States, based in Mansfield, MA. It received its IRS tax-exemption ruling in September 1984, 42 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 December 2023, Mansfield Cable Access Corp reported income of $567k and spending of $685k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $555k to $567k (+2.1%), an average of +0.5% a year. Over the whole period it spent 121% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mansfield Cable Access Corp sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include Franco-American Heritage Center at St Marys ($567k), West Windsor Arts Council Inc ($567k) and Sunrise Preservation Group Inc ($567k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 78% of the total. Compensation of current officers, directors and key employees was $312k (46% of expenses). Other salaries and wages came to $153k. At year end it held assets of $2.2m against liabilities of $51k, net assets of $2.2m. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.