Diverse Media Institute Inc

Analysis

Diverse Media Institute Inc is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Diverse Media Institute Inc reported income of $69k and spending of $81k, spending 117% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $72k to $69k (-3.6%), an average of -3.6% a year. Over the whole period it spent 121% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Diverse Media Institute Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within MN. Charities of a similar size with the same main cause include Superior Rivers Watershed Association Inc ($69k), Southeast of Saline Education Foundation ($69k) and Beech High School Soccer Booster Club ($69k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $29k against liabilities of $827, net assets of $28k.