Public Media Company

Analysis

Public Media Company is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in February 2001, 25 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, Public Media Company reported income of $1.5m and spending of $1.8m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.5m (-0.6%), an average of -0.2% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Public Media Company sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within CO. Charities of a similar size with the same main cause include Jewish Womens Archive Inc ($1.5m), Friends of Public Radio Inc ($1.5m) and Greenville Theatre ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $327k (18% of expenses). Other salaries and wages came to $792k. At year end it held assets of $434k against liabilities of $62k, net assets of $372k. It reported 12 employees.