Brazos Valley Public Broadcasting Foundation

Analysis

Brazos Valley Public Broadcasting Foundation is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in August 1993, 33 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 May 2023, Brazos Valley Public Broadcasting Foundation reported income of $807k and spending of $746k, spending 92% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $779k to $807k (+3.6%), an average of +0.9% a year. The sharpest change came in the year to May 2022, when income dropped by 19%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Brazos Valley Public Broadcasting Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Dallas Historical Society Hall of State Fair Park ($807k), Houston Fire Museum Inc ($807k) and International Scientific Assoc for Probiotics and Prebiotics Inc ($807k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $143k (19% of expenses). Other salaries and wages came to $217k. At year end it held assets of $1.9m against liabilities of $527k, net assets of $1.3m. It reported 6 employees.