Portsmouth Public Media Inc

Analysis

Portsmouth Public Media Inc is a registered charity in United States, based in Portsmouth, NH. It received its IRS tax-exemption ruling in November 2010, 16 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, Portsmouth Public Media Inc reported income of $183k and spending of $172k, spending 94% of its income. Across the 3 years on record, from June 2019 to June 2023, income fell from $201k to $183k (-8.9%), an average of -4.5% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Portsmouth Public Media Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within NH. Charities of a similar size with the same main cause include Stefanie Nelson Dance Group ($183k), Ensemble Monterey ($183k) and County Seat Theater of Carlton ($183k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $218k against liabilities of $19k, net assets of $199k.