Televisa Foundation Inc

Analysis

Televisa Foundation Inc is a registered charity in United States, based in Doral, FL. It received its IRS tax-exemption ruling in July 2013, 13 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, Televisa Foundation Inc reported income of $513k and spending of $409k, leaving 20% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $124k to $513k (+312%), an average of +60% a year. The sharpest change came in the year to December 2021, when income rose by 164%. Over the whole period it spent 49% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Televisa Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Musical Theatre Works Inc ($513k), Pittsburgh Center for Creative Reuse ($513k) and Eastern Shore Repertory Theatre ($513k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.