Winchester Community Access and Media Inc

Analysis

Winchester Community Access and Media Inc is a registered charity in United States, based in Winchester, MA. It received its IRS tax-exemption ruling in July 2003, 23 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, Winchester Community Access and Media Inc reported income of $476k and spending of $513k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $468k to $476k (+1.9%), an average of +0.5% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Winchester Community Access and Media Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Ngoma Center for Dance ($476k), Sarasota Film Festival Inc ($477k) and Charles R Wood Theater Inc ($476k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $97k (19% of expenses). Other salaries and wages came to $93k. At year end it held assets of $1.4m against liabilities of $283k, net assets of $1.1m. It reported 6 employees.