Wide Angle Youth Media Inc

Analysis

Wide Angle Youth Media Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in May 2001, 25 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, Wide Angle Youth Media Inc reported income of $6.2m and spending of $2.2m, leaving 64% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.2m to $6.2m (+398%), an average of +49% a year. The sharpest change came in the year to June 2024, when income rose by 119%. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wide Angle Youth Media Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MD. Charities of a similar size with the same main cause include Queens Museum of Art New York City Building ($6.2m), New Dance Theatre Inc ($6.2m) and Fox Tucson Theatre Foundation ($6.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 7.5% of the total. Compensation of current officers, directors and key employees was $118k (5.3% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $10.1m against liabilities of $3.2m, net assets of $6.9m. It reported 21 employees.