Media Projects Inc

Analysis

Media Projects Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in October 1978, 48 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Media Projects Inc reported income of $279k and spending of $225k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $202k to $279k (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Media Projects Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Hickory Ballet & Performing Arts ($279k), Wi Fairs Inc ($279k) and Arts in Health Ocala Metro Inc ($279k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. It paid $223 in professional fundraising fees. At year end it held assets of $208k against liabilities of $3,375, net assets of $205k.