KQ Media Group Inc

Analysis

KQ Media Group Inc is a registered charity in United States, based in Kissimmee, FL. It received its IRS tax-exemption ruling in February 2018, 8 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 2021, KQ Media Group Inc reported income of $354k and spending of $343k, spending 97% of its income. Across the 2 years on record, from December 2020 to December 2021, income grew from $229k to $354k (+55%), an average of +55% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, KQ Media Group Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Inwood Art Works ($354k), Montgomery County Council for the Arts Inc ($354k) and Motion Pacific Dance Inc ($354k).

On its Form 990 for the period ending December 2021, revenue came from program service revenue 100% of the total. At year end it held assets of $223k against liabilities of $0, net assets of $223k. It reported 1 employees.