Sound View Community Media Inc

Analysis

Sound View Community Media Inc is a registered charity in United States, based in Stratford, CT. It received its IRS tax-exemption ruling in May 1999, 27 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 December 2023, Sound View Community Media Inc reported income of $621k and spending of $552k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $597k to $621k (+4.1%), an average of +1.0% a year. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sound View Community Media Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within CT. Charities of a similar size with the same main cause include Laguna Plein Air Painters Association ($621k), Lost in New Haven Inc ($621k) and Buffalo Niagara Heritage Village ($620k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $115k (21% of expenses). Other salaries and wages came to $106k. At year end it held assets of $848k against liabilities of $560k, net assets of $288k. It reported 3 employees.