North Andover Community Access and Media Inc

Analysis

North Andover Community Access and Media Inc is a registered charity in United States, based in North Andover, MA. It received its IRS tax-exemption ruling in September 2004, 22 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, North Andover Community Access and Media Inc reported income of $520k and spending of $527k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $600k to $520k (-13%), an average of -3.5% a year. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, North Andover Community Access and Media Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MA. Charities of a similar size with the same main cause include Denver March Powwow Inc ($520k), Legacy of the Plains ($520k) and Theatre Production & Technical Academy Inc ($520k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $98k (19% of expenses). Other salaries and wages came to $122k. At year end it held assets of $2.3m against liabilities of $771k, net assets of $1.5m. It reported 9 employees.