Twin Cities Media Alliance

Analysis

Twin Cities Media Alliance is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in April 2006, 20 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 2022, Twin Cities Media Alliance reported income of $215k and spending of $222k, spending 103% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $155k to $215k (+39%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 128%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Twin Cities Media Alliance sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MN. Charities of a similar size with the same main cause include Ten Thousand Villages Lincoln Inc ($215k), Russian Educational Center Bookvarel Inc ($215k) and Autumn Immunology Conference Inc ($215k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 97% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $77k (35% of expenses). Other salaries and wages came to $76k. At year end it held assets of $314k against liabilities of $560, net assets of $314k. It reported 3 employees.