Newton Communications Access Center Inc

Analysis

Newton Communications Access Center Inc is a registered charity in United States, based in Newton HLDS, MA. It received its IRS tax-exemption ruling in September 1991, 35 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 2023, Newton Communications Access Center Inc reported income of $1.6m and spending of $2.0m, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $1.6m (-1.7%), an average of -0.4% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Newton Communications Access Center Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include The Opera San Antonio ($1.6m), Shreveport Opera ($1.6m) and Songwriters Hall of Fame Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $188k (9.6% of expenses). Other salaries and wages came to $540k. At year end it held assets of $4.3m against liabilities of $2.2m, net assets of $2.1m. It reported 19 employees.