Media Education Foundation Inc
Analysis
Media Education Foundation Inc is a registered charity in United States, based in Northampton, MA. It received its IRS tax-exemption ruling in March 1992, 34 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 May 2024, Media Education Foundation Inc reported income of $1.1m and spending of $1.2m, spending 111% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income fell from $1.1m to $1.1m (-4.8%), an average of -1.2% a year. The sharpest change came in the year to May 2021, when income rose by 32%. Over the whole period it spent 97% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Media Education Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Arts Council Wichita Falls Area Inc ($1.1m), Wave Farm Inc ($1.1m) and American Contemporary Ballet Inc ($1.1m).
On its Form 990 for the period ending May 2024, revenue came from contributions and grants 13% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $77k (6.5% of expenses). Other salaries and wages came to $557k. At year end it held assets of $1.6m against liabilities of $558k, net assets of $999k. It reported 9 employees.
Income and spending
Where the income comes from
- Contributions & grants 13%
- Program services 86%
- Other 1.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Arts Council Wichita Falls Area Inc | Wichita Falls | $1.1m |
| Wave Farm Inc | Acra | $1.1m |
| American Contemporary Ballet Inc | Los Angeles | $1.1m |
| Stagecrafters | Royal Oak | $1.1m |