Madville Publishing

Analysis

Madville Publishing is a registered charity in United States, based in Shady Shores, TX. It received its IRS tax-exemption ruling in April 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Madville Publishing reported income of $83k and spending of $98k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $23k to $83k (+258%), an average of +258% a year. The sharpest change came in the year to December 2023, when income rose by 258%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Madville Publishing sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include Jacobsburg Historical Society ($83k), Rivers Edge Theatre Company ($83k) and Iowa City Community Theatre ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. At year end it held assets of $11k against liabilities of $19k, net assets of -$7,805.