Technology Broadcasting Corporation

Analysis

Technology Broadcasting Corporation is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in December 1976, 50 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Technology Broadcasting Corporation reported income of $188k and spending of $77k, leaving 59% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $153k to $188k (+23%), an average of +5.3% a year. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Technology Broadcasting Corporation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within MA. Charities of a similar size with the same main cause include Productora Angeles-Del-Fin Inc ($188k), Chiarina ($188k) and Fakir Musafar Foundation ($188k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $1.4m against liabilities of $4,000, net assets of $1.4m.