Southborough Access Media Inc

Analysis

Southborough Access Media Inc is a registered charity in United States, based in Southborough, MA. It received its IRS tax-exemption ruling in May 2014, 12 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, Southborough Access Media Inc reported income of $182k and spending of $133k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $177k to $182k (+2.6%), an average of +0.6% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southborough Access Media Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within MA. Charities of a similar size with the same main cause include That Uppity Theatre Company ($182k), West Virginia Country Music Hall of Fame and Museum Inc ($182k) and Ogontz Arts Foundation ($182k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $74k. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 5 employees.