Michigan Public Broadcasting

Analysis

Michigan Public Broadcasting is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in August 1981, 45 years ago. 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, Michigan Public Broadcasting reported income of $270k and spending of $262k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $237k to $270k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Michigan Public Broadcasting sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MI. Charities of a similar size with the same main cause include Rotary Club of San Juan Bautista California Inc ($270k), Great Cow Harbor-10 Kilometer Run Inc ($270k) and International Society for Developmental Nuerosciences ($270k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.0% and program service revenue 93% of the total. Other salaries and wages came to $130k. At year end it held assets of $378k against liabilities of $14k, net assets of $364k. It reported 2 employees.