Multicultural Media Telecom and Internet Council

Analysis

Multicultural Media Telecom and Internet Council is a registered charity in United States, based in Jericho, NY. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Multicultural Media Telecom and Internet Council reported income of $1.6m and spending of $1.5m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.6m (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 85% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Multicultural Media Telecom and Internet Council sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Ostara Initiative ($1.6m), Freedom Ranch Inc ($1.6m) and Jail Guitar Doors ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $330k (23% of expenses). Other salaries and wages came to $398k. At year end it held assets of $1.8m against liabilities of $31k, net assets of $1.8m. It reported 7 employees.