Media Alliance Inc

Analysis

Media Alliance Inc is a registered charity in United States, based in Troy, NY. It received its IRS tax-exemption ruling in July 1982, 44 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, Media Alliance Inc reported income of $366k and spending of $440k, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $430k to $366k (-15%), an average of -4.0% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Media Alliance Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Buffalo Theatre Ensemble Corp ($366k), Ridgefield Symphony Orchestra Inc ($366k) and Dimensions Dance Theater of Miami Inc ($366k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $65k (15% of expenses). Other salaries and wages came to $145k. At year end it held assets of $795k against liabilities of $37k, net assets of $758k. It reported 8 employees.