Media Institute
Analysis
Media Institute is a registered charity in United States, based in Vienna, VA. It received its IRS tax-exemption ruling in April 1976, 50 years ago. 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, Media Institute reported income of $427k and spending of $484k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $496k to $427k (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. Over the whole period it spent 105% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Media Institute sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within VA. Charities of a similar size with the same main cause include Theatre Huntsville ($427k), One on One ($427k) and Cullman Regional Medical Center Foundation Inc ($427k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $171k (35% of expenses). Other salaries and wages came to $71k. At year end it held assets of $62k against liabilities of $44k, net assets of $17k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 81%
- Program services 19%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Theatre Huntsville | Huntsville | $427k |
| One on One | Chattanooga | $427k |
| Cullman Regional Medical Center Foundation Inc | Cullman | $427k |
| Hawks Booster Club Inc | Chaska | $428k |