Crosstown Radio Partnership Inc

Analysis

Crosstown Radio Partnership Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in June 2020, 6 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, Crosstown Radio Partnership Inc reported income of $645k and spending of $618k, spending 96% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $496k to $645k (+30%), an average of +9.1% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Crosstown Radio Partnership Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within TN. Charities of a similar size with the same main cause include Mendocino County Historical Society ($645k), Greene County Historical Society ($645k) and Wilbury Theatre Group ($645k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $153k (25% of expenses). Other salaries and wages came to $98k. At year end it held assets of $214k against liabilities of $1,173, net assets of $213k. It reported 4 employees.