Madison Cable Access Group Inc

Analysis

Madison Cable Access Group Inc is a registered charity in United States, based in Madison, CT. It received its IRS tax-exemption ruling in February 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 (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, Madison Cable Access Group Inc reported income of $62k and spending of $75k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $71k to $62k (-13%), an average of -13% a year. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Madison Cable Access Group Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within CT. Charities of a similar size with the same main cause include Inscape Inc ($62k), Little Town Players ($62k) and Iditarod National Historic Trail Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $102k against liabilities of $0, net assets of $102k.