Advocate Media - Dallas Inc

Analysis

Advocate Media - Dallas Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in January 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, Advocate Media - Dallas Inc reported income of $1.8m and spending of $1.8m, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $798k to $1.8m (+131%), an average of +52% a year. The sharpest change came in the year to December 2022, when income rose by 156%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Advocate Media - Dallas Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Friends of Public Radio Inc ($1.8m), Sedona International Film Festival & Workshop ($1.8m) and Furry Weekend Atlanta Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $156k (8.5% of expenses). Other salaries and wages came to $747k. At year end it held assets of $237k against liabilities of $96k, net assets of $142k. It reported 24 employees.