National Educational Telecommunications Association

Analysis

National Educational Telecommunications Association is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in March 1968, 58 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, National Educational Telecommunications Association reported income of $5.9m and spending of $6.4m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.5m to $5.9m (+32%), an average of +7.3% a year. The sharpest change came in the year to June 2020, when income rose by 27%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Educational Telecommunications Association sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within SC. Charities of a similar size with the same main cause include The Los Angeles Chamber Orchestra Society Inc ($5.9m), Sierra Institute for Community and ($5.9m) and Futuro Media Group ($5.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $509k (8.0% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $2.9m against liabilities of $2.7m, net assets of $235k. It reported 61 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.