Maumee Valley Broadcasting

Analysis

Maumee Valley Broadcasting is a registered charity in United States, based in Holland, OH. It received its IRS tax-exemption ruling in October 1967, 59 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Maumee Valley Broadcasting reported income of $671k and spending of $503k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $638k to $671k (+5.1%), an average of +1.3% a year. The sharpest change came in the year to December 2020, when income dropped by 23%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Maumee Valley Broadcasting sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within OH. Charities of a similar size with the same main cause include Friends of Point Betsies Lighthouse Inc ($671k), Texas Museums & Halls of Fame ($671k) and Arts Action Alliance Foundation ($671k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 7.9% of the total. Other salaries and wages came to $282k. At year end it held assets of $543k against liabilities of $112, net assets of $543k. It reported 9 employees.