Norwood Public Access Television Inc
Analysis
Norwood Public Access Television Inc is a registered charity in United States, based in Norwood, MA. It received its IRS tax-exemption ruling in August 2004, 22 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, Norwood Public Access Television Inc reported income of $666k and spending of $632k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $678k to $666k (-1.8%), an average of -0.4% a year. Over the whole period it spent 98% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Norwood Public Access Television Inc 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 74th percentile within MA. Charities of a similar size with the same main cause include Garden State Arts Foundation Inc ($666k), Historic Westville Inc ($666k) and Concord School of 1848 ($666k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $59k (9.3% of expenses). At year end it held assets of $1.4m against liabilities of $75k, net assets of $1.3m. It reported 36 employees.
Income and spending
Where the income comes from
- Contributions & grants 14%
- Program services 81%
- Other 5.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Garden State Arts Foundation Inc | Woodbridge | $666k |
| Historic Westville Inc | Columbus | $666k |
| Concord School of 1848 | New Alexandri | $666k |
| Uptown Music Collective | Williamsport | $666k |