Mastermedia International

Analysis

Mastermedia International is a registered charity in United States, based in Redlands, CA. It received its IRS tax-exemption ruling in November 1985, 41 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, Mastermedia International reported income of $1.0m and spending of $1.1m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $1.0m (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2022, when income rose by 102%. Over the whole period it spent 65% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mastermedia International sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Newport Beach Independent International Film Festival ($1.0m), The Averitt Center for the Arts Inc ($1.0m) and Synchronicity Performance Group ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $227k (21% of expenses). Other salaries and wages came to $498k. At year end it held assets of $2.5m against liabilities of $102k, net assets of $2.4m. It reported 7 employees.