Fairfax Cable Access Corporation

Analysis

Fairfax Cable Access Corporation is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in February 1982, 44 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 2023, Fairfax Cable Access Corporation reported income of $2.6m and spending of $2.2m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.8m to $2.6m (-4.9%), an average of -1.3% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fairfax Cable Access Corporation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within VA. Charities of a similar size with the same main cause include Grand Rapids Civic Theatre Inc ($2.6m), Wonderbound ($2.6m) and Alberta Bair Theater Corporation ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $122k (5.5% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $12.0m against liabilities of $99k, net assets of $11.9m. It reported 26 employees.