Rocky Mountain Student Media Corporation

Analysis

Rocky Mountain Student Media Corporation is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in January 2009, 17 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rocky Mountain Student Media Corporation reported income of $1.3m and spending of $1.3m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.3m (+15%), an average of +3.5% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rocky Mountain Student Media Corporation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within CO. Charities of a similar size with the same main cause include Bennington Museum Inc ($1.3m), Hawaii Youth Symphony Association ($1.3m) and Polish Heritage Center Foundation at Panna Maria ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $120k (9.1% of expenses). Other salaries and wages came to $707k. At year end it held assets of $835k against liabilities of $104k, net assets of $731k. It reported 142 employees.