Woburn Public Media Center Inc

Analysis

Woburn Public Media Center Inc is a registered charity in United States, based in Woburn, MA. It received its IRS tax-exemption ruling in November 2005, 21 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, Woburn Public Media Center Inc reported income of $686k and spending of $770k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $719k to $686k (-4.5%), an average of -1.1% a year. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Woburn Public Media Center Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Maui Academy of Performing Arts ($686k), Monroe County Fair Association Inc ($686k) and East Central Regional Arts Council ($686k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $109k (14% of expenses). Other salaries and wages came to $299k. At year end it held assets of $2.8m against liabilities of $15k, net assets of $2.7m. It reported 17 employees.