Salem Access Television Inc

Analysis

Salem Access Television Inc is a registered charity in United States, based in Salem, MA. It received its IRS tax-exemption ruling in April 1997, 29 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 September 2023, Salem Access Television Inc reported income of $571k and spending of $607k, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $647k to $571k (-12%), an average of -3.1% a year. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Salem Access Television Inc 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 National Society of the Colonial Dames of America State of Florida ($571k), Unity Theatre Company ($571k) and South County Art Association ($571k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Other salaries and wages came to $302k. At year end it held assets of $560k against liabilities of $38k, net assets of $522k. It reported 9 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.