Summit Public Radio and TV Inc

Analysis

Summit Public Radio and TV Inc is a registered charity in United States, based in Dillon, CO. It received its IRS tax-exemption ruling in March 1999, 27 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, Summit Public Radio and TV Inc reported income of $64k and spending of $48k, leaving 25% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $231k to $64k (-72%), an average of -47% a year. The sharpest change came in the year to December 2022, when income dropped by 77%. Over the whole period it spent 37% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Summit Public Radio and TV 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 22nd percentile within CO. Charities of a similar size with the same main cause include Wexl Org ($64k), Flat Rock Creek Fall Festival Inc ($64k) and National Imperial Glass Collectors Society ($64k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 22% of the total. It paid $7,126 in professional fundraising fees. At year end it held assets of $530k against liabilities of $0, net assets of $530k.