Orion Neighborhood Television Corp

Analysis

Orion Neighborhood Television Corp is a registered charity in United States, based in Lake Orion, MI. It received its IRS tax-exemption ruling in October 2001, 25 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, Orion Neighborhood Television Corp reported income of $424k and spending of $497k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $464k to $424k (-8.6%), an average of -2.2% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Orion Neighborhood Television Corp sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MI. Charities of a similar size with the same main cause include Yakima Music En Accion Yama ($424k), Willamette Jazz Society ($424k) and Athol-Orange Community Television Inc ($424k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $84k (17% of expenses). At year end it held assets of $155k against liabilities of $66k, net assets of $88k. It reported 9 employees.