Connecticut Radio Information System Inc

Analysis

Connecticut Radio Information System Inc is a registered charity in United States, based in Windsor, CT. It received its IRS tax-exemption ruling in October 1978, 48 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Connecticut Radio Information System Inc reported income of $531k and spending of $534k, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $581k to $531k (-8.5%), an average of -2.9% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Connecticut Radio Information System Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within CT. Charities of a similar size with the same main cause include Virginia African American Cultural Center ($531k), Guam Educational Radio Foundation ($532k) and Twin Cities International Film Festival ($531k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $88k (16% of expenses). Other salaries and wages came to $219k. At year end it held assets of $1.3m against liabilities of $31k, net assets of $1.2m. It reported 6 employees.