Maximum Impact Media Inc

Analysis

Maximum Impact Media Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in December 2017, 9 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, Maximum Impact Media Inc reported income of $64k and spending of $71k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $90k to $64k (-29%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Maximum Impact Media Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within MD. Charities of a similar size with the same main cause include Conneaut Lake Area Historical Society ($64k), 90 Day North American Resettlement Program ($64k) and Mountainside Master Chorale Inc ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.