Salisbury Community TV and Media Center Inc

Analysis

Salisbury Community TV and Media Center Inc is a registered charity in United States, based in Salisbury, MA. It received its IRS tax-exemption ruling in September 2008, 18 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 June 2023, Salisbury Community TV and Media Center Inc reported income of $328k and spending of $260k, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $288k to $328k (+14%), an average of +3.3% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Salisbury Community TV and Media Center Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within MA. Charities of a similar size with the same main cause include Knights of St Patrick Inc ($328k), Owensboro Dance Theater Inc ($328k) and Crossroads Creative and Performing Arts Center Inc ($328k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $76k (29% of expenses). Other salaries and wages came to $78k. At year end it held assets of $461k against liabilities of $0, net assets of $461k. It reported 5 employees.