Accuracy in Media Inc

Analysis

Accuracy in Media Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 1971, 55 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 2022, Accuracy in Media Inc reported income of $980k and spending of $1.3m, spending 133% of what it took in. Across the 3 years on record, from April 2020 to April 2022, income grew from $754k to $980k (+30%), an average of +14% a year. The sharpest change came in the year to April 2021, when income rose by 179%. 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, Accuracy in Media Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 54th percentile within DC. Charities of a similar size with the same main cause include Saratoga Automobile Museum ($980k), Terminus Ballet Inc ($980k) and Pittsburgh Arts & Lectures Inc ($980k).

On its Form 990 for the period ending April 2022, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $200k (15% of expenses). Other salaries and wages came to $180k. At year end it held assets of $951k against liabilities of $40k, net assets of $911k. It reported 5 employees.