Nutmeg Public Access Television Inc

Analysis

Nutmeg Public Access Television Inc is a registered charity in United States, based in Farmington, CT. It received its IRS tax-exemption ruling in August 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nutmeg Public Access Television Inc reported income of $729k and spending of $646k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $661k to $729k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income dropped by 17%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nutmeg Public Access Television Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within CT. Charities of a similar size with the same main cause include Granville Museum Inc ($729k), Elm Shakespeare Company ($729k) and Memphis Artists for Change ($729k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $114k (18% of expenses). Other salaries and wages came to $175k. At year end it held assets of $1.6m against liabilities of $417k, net assets of $1.1m. It reported 5 employees.