Revere Community Media Center

Analysis

Revere Community Media Center is a registered charity in United States, based in Revere, MA. It received its IRS tax-exemption ruling in October 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 December 2023, Revere Community Media Center reported income of $489k and spending of $390k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $587k to $489k (-17%), an average of -4.5% a year. Over the whole period it spent 69% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Revere Community Media Center sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Hartford Public Access Television Inc ($489k), Foundation to Advance Jazz ($489k) and Hillfest Events ($489k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $109k (28% of expenses). Other salaries and wages came to $97k. At year end it held assets of $3.0m against liabilities of $43k, net assets of $2.9m. It reported 8 employees.