Yo Media

Analysis

Yo Media is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in July 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, Yo Media reported income of $105k and spending of $82k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $105k (+81%), an average of +81% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Yo Media sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Bach Week Festival ($105k), Unidiversity Youth Camp Inc ($105k) and Olga Kern International Piano Competition Inc ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 79% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.