Community Television of Knoxville

Analysis

Community Television of Knoxville is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in November 1986, 40 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, Community Television of Knoxville reported income of $874k and spending of $846k, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.1m to $874k (-20%), an average of -5.5% a year. The sharpest change came in the year to June 2021, when income dropped by 32%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Community Television of Knoxville sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within TN. Charities of a similar size with the same main cause include Leavenworth Summer Theater ($874k), Arts & Literature Laboratory Inc ($874k) and The Warehouse Theatre ($873k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $166k (20% of expenses). Other salaries and wages came to $386k. At year end it held assets of $1.3m against liabilities of $22k, net assets of $1.2m.