Lockport Community Television Inc

Analysis

Lockport Community Television Inc is a registered charity in United States, based in Lockport, NY. It received its IRS tax-exemption ruling in December 1993, 33 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 April 2024, Lockport Community Television Inc reported income of $465k and spending of $347k, leaving 25% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income fell from $474k to $465k (-1.8%), an average of -0.4% a year. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lockport Community Television Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Mandala South Asian Performing Arts Inc ($465k), Planet Ant Theatre Inc ($465k) and Childrens Theatre and School of Thearts ($465k).

On its Form 990 for the period ending April 2024, revenue came from program service revenue 99% of the total. Other salaries and wages came to $176k. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m. It reported 12 employees.