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Media Research Center Inc

RegisteredEIN 54-1429009Herndon, VAArts, culture, heritage and science
Income$18.7m2023-12
Spending$16.3msame year
Spent / received104%5-year average
Size in its cause99th pctArts, culture, heritage and science
Exempt since1988Publicly supported organisat
Employees100latest return

Analysis

Media Research Center Inc is a registered charity in United States, based in Herndon, VA. It received its IRS tax-exemption ruling in October 1988, 38 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 2023, Media Research Center Inc reported income of $18.7m and spending of $16.3m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.4m to $18.7m (+64%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 72%. Over the whole period it spent 104% 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 Research Center Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within VA. Charities of a similar size with the same main cause include University City Science Center ($18.7m), American Public Media Group ($18.7m) and Atlanta Historical Society Inc ($18.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $951k (5.8% of expenses). Other salaries and wages came to $6.0m. It paid $360k in professional fundraising fees. At year end it held assets of $16.5m against liabilities of $11.5m, net assets of $5.0m. It reported 100 employees.

Income and spending

$0$4.9m$9.8m$14.7m$19.6m2019 Income: $11,382,9002019 Spending: $14,309,57720192020 Income: $19,609,4282020 Spending: $15,150,75720202021 Income: $13,888,8072021 Spending: $16,632,31120212022 Income: $12,605,3232022 Spending: $16,454,97820222023 Income: $18,700,7652023 Spending: $16,296,4812023
IncomeSpending

Where the income comes from

  • Contributions & grants 66%
  • Program services 0.9%
  • Other 33%

Similar-sized charities, same cause

CharityLocationIncome
University City Science CenterPhiladelphia$18.7m
American Public Media GroupSaint Paul$18.7m
Atlanta Historical Society IncAtlanta$18.7m
Adler PlanetariumChicago$18.8m