Fitchburg Access Television Inc

Analysis

Fitchburg Access Television Inc is a registered charity in United States, based in Fitchburg, MA. It received its IRS tax-exemption ruling in May 1989, 37 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, Fitchburg Access Television Inc reported income of $512k and spending of $711k, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $678k to $512k (-24%), an average of -6.8% a year. The sharpest change came in the year to December 2021, when income rose by 40%. 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, Fitchburg 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 Childrens Museum of Cleveland Holdings Foundation ($512k), Cambridge Center for Chinese Culture Inc ($512k) and Libero Canto Foundation ($512k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $70k (9.9% of expenses). Other salaries and wages came to $192k. At year end it held assets of $3.2m against liabilities of $776k, net assets of $2.4m. It reported 11 employees.