Walpole Media Corporation

Analysis

Walpole Media Corporation is a registered charity in United States, based in Walpole, MA. It received its IRS tax-exemption ruling in June 1987, 39 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, Walpole Media Corporation reported income of $522k and spending of $469k, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $466k to $522k (+12%), an average of +2.9% a year. The sharpest change came in the year to June 2022, when income rose by 271%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Walpole Media Corporation sits at the 78th percentile: it is larger than about 78% 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 North Carolina Stage Company ($522k), Irish Dancing Teachers Association of North America ($522k) and Stages Chicago ($522k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $268k. At year end it held assets of $758k against liabilities of $14k, net assets of $744k. It reported 5 employees.