KSMQ Public Service Media Inc

Analysis

KSMQ Public Service Media Inc is a registered charity in United States, based in Austin, MN. It received its IRS tax-exemption ruling in July 2005, 21 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 2023, KSMQ Public Service Media Inc reported income of $3.5m and spending of $2.4m, leaving 32% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $3.5m (+96%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, KSMQ Public Service Media Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MN. Charities of a similar size with the same main cause include Sciencenter Discovery Museum ($3.5m), Center for Creative Education ($3.5m) and San Jose Childrens Musical Theater ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.0% of the total. At year end it held assets of $3.9m against liabilities of $610k, net assets of $3.3m.