Medical Physics Publishing Corporation

Analysis

Medical Physics Publishing Corporation is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in October 1988, 38 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, Medical Physics Publishing Corporation reported income of $132k and spending of $136k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $149k to $132k (-12%), an average of -3.0% a year. The sharpest change came in the year to December 2022, when income dropped by 42%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Medical Physics Publishing Corporation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within WI. Charities of a similar size with the same main cause include Showkids Invitational Theater ($132k), 51 Walden Inc ($132k) and Braves Performing Arts Booster Club Inc ($132k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.1% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $62k (46% of expenses). Other salaries and wages came to $11k. At year end it held assets of $271k against liabilities of $26k, net assets of $245k. It reported 3 employees.