Cultural Media Collaborative Inc

Analysis

Cultural Media Collaborative Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2005, 21 years ago. 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, Cultural Media Collaborative Inc reported income of $196k and spending of $208k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $193k to $196k (+1.7%), an average of +1.7% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cultural Media Collaborative Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Volunteers of America Inc ($196k), S E a Crusades ($196k) and Little League Baseball Inc ($196k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. At year end it held assets of $425k against liabilities of $198k, net assets of $227k.