Kansas Public Telecommunications Service Inc

Analysis

Kansas Public Telecommunications Service Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in April 1968, 58 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 June 2023, Kansas Public Telecommunications Service Inc reported income of $3.6m and spending of $3.8m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $3.6m (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2023, when income dropped by 33%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kansas Public Telecommunications Service Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within KS. Charities of a similar size with the same main cause include Valley Public Television Inc ($3.6m), Global Press Institute ($3.6m) and Italian American Cultural Society ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $275k (7.3% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $7.8m against liabilities of $1.4m, net assets of $6.4m. It reported 37 employees.