Multi-Media Training Institute

Analysis

Multi-Media Training Institute is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 1983, 43 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Multi-Media Training Institute reported income of $403k and spending of $384k, spending 95% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $118k to $403k (+242%), an average of +51% a year. The sharpest change came in the year to December 2022, when income rose by 69%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Multi-Media Training Institute sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 40th percentile within DC. Charities of a similar size with the same main cause include Dominican Literacy Center Aurora ($403k), Maine Philanthropy Center ($403k) and United World Schools USA Inc ($403k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $37k (9.6% of expenses). At year end it held assets of $56k against liabilities of $82k, net assets of -$26k.