West Tennessee Public TV Council Inc

Analysis

West Tennessee Public TV Council Inc is a registered charity in United States, based in Martin, TN. It received its IRS tax-exemption ruling in August 1985, 41 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 2024, West Tennessee Public TV Council Inc reported income of $2.8m and spending of $2.5m, spending 87% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.8m to $2.8m (+56%), an average of +12% a year. The sharpest change came in the year to June 2024, when income rose by 55%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, West Tennessee Public TV Council Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within TN. Charities of a similar size with the same main cause include Indiana Latino Institute Inc ($2.8m), Minnetonka Youth Hockey Association ($2.8m) and Saugatuck Center for the Arts Inc ($2.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% and program service revenue 4.9% of the total. Other salaries and wages came to $612k. At year end it held assets of $3.1m against liabilities of $877k, net assets of $2.2m. It reported 40 employees.