Double Portion Media

Analysis

Double Portion Media is a registered charity in United States, based in Santa Clara, CA. It received its IRS tax-exemption ruling in August 2015, 11 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 December 2023, Double Portion Media reported income of $242k and spending of $275k, spending 114% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $258k to $242k (-6.1%), an average of -2.1% a year. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Double Portion Media sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include New York State Theatre Education Association Inc ($242k), Black Repertory Theatre of Kansas City ($242k) and Chumash Museum and Cultural Education Foundation ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 111% of the total. Compensation of current officers, directors and key employees was $39k (14% of expenses). Other salaries and wages came to $48k. At year end it held assets of $268k against liabilities of $0, net assets of $268k. It reported 2 employees.