Transcendent Media Inc

Analysis

Transcendent Media Inc is a registered charity in United States, based in Redding, CA. It received its IRS tax-exemption ruling in March 2011, 15 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, Transcendent Media Inc reported income of $244k and spending of $230k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $181k to $244k (+35%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 30%. 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, Transcendent Media Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include One Voice Mission ($244k), Aliceville Museum Inc ($244k) and Southern Shakespeare Company ($244k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $75k (33% of expenses). At year end it held assets of $22k against liabilities of $0, net assets of $22k.