Buffalo Media Resources Inc

Analysis

Buffalo Media Resources Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in March 1994, 32 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, Buffalo Media Resources Inc reported income of $471k and spending of $471k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $331k to $471k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Buffalo Media Resources 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 Boone County Historical Society ($471k), Citizen Science Association Inc ($471k) and Jess Curtisgravity Inc ($471k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 6.3% of the total. Compensation of current officers, directors and key employees was $46k (9.8% of expenses). Other salaries and wages came to $135k. At year end it held assets of $414k against liabilities of $240k, net assets of $175k. It reported 6 employees.