Open Campus Media Inc

Analysis

Open Campus Media Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2022, 4 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, Open Campus Media Inc reported income of $5.2m and spending of $2.1m, leaving 59% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $2.2m to $5.2m (+139%), an average of +139% a year. The sharpest change came in the year to December 2023, when income rose by 139%. Over the whole period it spent 52% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Open Campus Media Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 80th percentile within DC. Charities of a similar size with the same main cause include Classical 98 1 ($5.1m), Oklahoma Contemporary Arts Center Inc ($5.2m) and Cooperatives for a Better World ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $325k (15% of expenses). Other salaries and wages came to $698k. At year end it held assets of $3.8m against liabilities of $22k, net assets of $3.7m. It reported 13 employees.