Daily Cardinal Media Corporation

Analysis

Daily Cardinal Media Corporation is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in March 1990, 36 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 May 2024, Daily Cardinal Media Corporation reported income of $79k and spending of $48k, leaving 38% of income unspent that year. Across the 3 years on record, from May 2022 to May 2024, income grew from $68k to $79k (+16%), an average of +7.9% a year. The sharpest change came in the year to May 2024, when income rose by 18%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Daily Cardinal Media Corporation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within WI. Charities of a similar size with the same main cause include Upshur Youth Livestock Association ($79k), Joel and Frances McCrea Ranch Foundation ($79k) and Echo Park Film Center ($79k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 89% and program service revenue 7.9% of the total. At year end it held assets of $87k against liabilities of $700, net assets of $86k.