Northwest Indiana Public Broadcasting Inc

Analysis

Northwest Indiana Public Broadcasting Inc is a registered charity in United States, based in Merrillville, IN. It received its IRS tax-exemption ruling in June 1979, 47 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 September 2023, Northwest Indiana Public Broadcasting Inc reported income of $2.7m and spending of $3.0m, spending 110% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.7m to $2.7m (-0.8%), an average of -0.2% a year. The sharpest change came in the year to September 2022, when income dropped by 17%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northwest Indiana Public Broadcasting Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IN. Charities of a similar size with the same main cause include Safe States Alliance ($2.7m), Dance Downtown LA Inc ($2.7m) and Redline ($2.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 92% and program service revenue 7.8% of the total. Compensation of current officers, directors and key employees was $79k (2.7% of expenses). Other salaries and wages came to $732k. At year end it held assets of $6.7m against liabilities of $4.3m, net assets of $2.3m. It reported 32 employees.