Hec-Tv

Analysis

Hec-Tv is a registered charity in United States, based in Bridgeton, MO. It received its IRS tax-exemption ruling in November 2022, 4 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 December 2023, Hec-Tv reported income of $1.1m and spending of $1.3m, spending 119% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.1m (-25%), an average of -9.2% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hec-Tv sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within MO. Charities of a similar size with the same main cause include The Strand Center for the Arts ($1.1m), Science Museum Oklahoma Affiliated Fund of Occf Inc ($1.1m) and Concert Association of Florida Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.1% of the total. Other salaries and wages came to $183k. At year end it held assets of $57k against liabilities of $97k, net assets of -$40k. It reported 2 employees.