Media & Policy Center Foundation of California

Analysis

Media & Policy Center Foundation of California is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in March 2004, 22 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 December 2021, Media & Policy Center Foundation of California reported income of $78k and spending of $81k, spending 104% of its income. Across the 3 years on record, from December 2019 to December 2021, income fell from $177k to $78k (-56%), an average of -34% a year. The sharpest change came in the year to December 2020, when income dropped by 43%. Over the whole period it spent 156% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Media & Policy Center Foundation of California sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Mainstreet Las Vegas Inc ($78k), The Arts of Kenmore ($78k) and Rapp Granary Owen Foundation Inc ($78k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 53% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $10k (13% of expenses). Other salaries and wages came to $8,000. At year end it held assets of $2,977 against liabilities of $124k, net assets of -$121k. It reported 4 employees.