Underscore Media Collaboration

Analysis

Underscore Media Collaboration is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in February 2021, 5 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, Underscore Media Collaboration reported income of $697k and spending of $630k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $382k to $697k (+82%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 65%. 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, Underscore Media Collaboration sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within OR. Charities of a similar size with the same main cause include Young Musicians Choral Orchestra ($697k), Community Music School Inc ($697k) and Friends of Weymouth Inc ($697k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $376k. At year end it held assets of $233k against liabilities of $0, net assets of $233k. It reported 7 employees.