Lincoln Media Foundation Inc

Analysis

Lincoln Media Foundation Inc is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in March 2022, 4 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, Lincoln Media Foundation Inc reported income of $738k and spending of $518k, leaving 30% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $415k to $738k (+78%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lincoln Media Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Open Book ($737k), Opera House Arts ($738k) and Opus Ithaca School of Music Inc ($737k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $26k (5.1% of expenses). Other salaries and wages came to $176k. At year end it held assets of $339k against liabilities of $0, net assets of $339k. It reported 3 employees.