Maps Media Institute Inc

Analysis

Maps Media Institute Inc is a registered charity in United States, based in Hamilton, MT. It received its IRS tax-exemption ruling in October 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, Maps Media Institute Inc reported income of $348k and spending of $462k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $318k to $348k (+9.4%), an average of +2.3% a year. The sharpest change came in the year to December 2020, when income rose by 75%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Maps Media Institute Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within MT. Charities of a similar size with the same main cause include Annual Wild Game Feed ($348k), Wasatch Western Heritage Inc ($348k) and Childrens Theatre of Elgin ($348k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Other salaries and wages came to $212k. At year end it held assets of $128k against liabilities of $0, net assets of $128k. It reported 20 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.