Thomas a Edison Media Arts Consortium Inc

Analysis

Thomas a Edison Media Arts Consortium Inc is a registered charity in United States, based in Hoboken, NJ. It received its IRS tax-exemption ruling in April 1990, 36 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 2024, Thomas a Edison Media Arts Consortium Inc reported income of $120k and spending of $136k, spending 114% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $71k to $120k (+68%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Thomas a Edison Media Arts Consortium Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 49th percentile within NJ. Charities of a similar size with the same main cause include Caribbean American Repertory Theatre Cart ($120k), Art Garden Inc ($120k) and John W Jones Museum ($120k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 73% and program service revenue 27% of the total. Other salaries and wages came to $74k. At year end it held assets of $44k against liabilities of $2,298, net assets of $42k. It reported 2 employees.