Manufacturing Technology Deployment Group

Analysis

Manufacturing Technology Deployment Group is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Manufacturing Technology Deployment Group reported income of $2.8m and spending of $2.9m, spending 103% of its income. Across the 3 years on record, from September 2021 to September 2023, income grew from $1.4m to $2.8m (+98%), an average of +41% a year. The sharpest change came in the year to September 2022, when income rose by 55%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Manufacturing Technology Deployment Group sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Tucson Childrens Museum Inc ($2.8m), Young Audiences of New Jersey ($2.8m) and Sunset Cultural Center ($2.8m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $953k (33% of expenses). Other salaries and wages came to $243k. At year end it held assets of $102k against liabilities of $878k, net assets of -$776k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.