Educational Broadcasting Foundation Inc

Analysis

Educational Broadcasting Foundation Inc is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in January 1995, 31 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 July 2023, Educational Broadcasting Foundation Inc reported income of $1.8m and spending of $1.9m, spending 105% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $2.3m to $1.8m (-19%), an average of -5.2% a year. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Educational Broadcasting Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within LA. Charities of a similar size with the same main cause include Center for American Greatness Inc ($1.8m), Furry Weekend Atlanta Inc ($1.8m) and McSweeneys Literary Arts Fund ($1.8m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 85% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $162k (8.4% of expenses). Other salaries and wages came to $520k. At year end it held assets of $2.6m against liabilities of $2.9m, net assets of -$389k. It reported 9 employees.