The Paley Center for Media

Analysis

The Paley Center for Media is a registered charity in United States, based in Newyork, NY. It received its IRS tax-exemption ruling in June 1975, 51 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, The Paley Center for Media reported income of $17.1m and spending of $19.3m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $16.5m to $17.1m (+3.2%), an average of +0.8% a year. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Paley Center for Media sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Filoli Center ($17.0m), Historic Landmarks Foundation of Indiana Inc ($17.1m) and Code for Science and Society Inc ($17.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 5.2% of the total. Compensation of current officers, directors and key employees was $3.3m (17% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $150.1m against liabilities of $3.1m, net assets of $146.9m. It reported 179 employees.