Isthmus Community Media Inc

Analysis

Isthmus Community Media Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in March 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 (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, Isthmus Community Media Inc reported income of $663k and spending of $656k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $389k to $663k (+70%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Isthmus Community Media 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 75th percentile within WI. Charities of a similar size with the same main cause include Colorado Business Committee for the Arts ($663k), Whale Trust ($663k) and Northern Forest Canoe Trail Inc ($663k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $60k (9.2% of expenses). Other salaries and wages came to $273k. At year end it held assets of $207k against liabilities of $24k, net assets of $183k. It reported 7 employees.