Channel 5 Public Broadcasting Inc

Analysis

Channel 5 Public Broadcasting Inc is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in March 1983, 43 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 September 2023, Channel 5 Public Broadcasting Inc reported income of $6.1m and spending of $6.5m, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.9m to $6.1m (+26%), an average of +5.9% a year. The sharpest change came in the year to September 2020, when income rose by 19%. 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, Channel 5 Public Broadcasting Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within NV. Charities of a similar size with the same main cause include Metropolitan Regional Arts Council ($6.1m), Textile Research Institute ($6.2m) and Nashville International Center for Empowerment ($6.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $198k (3.0% of expenses). Other salaries and wages came to $2.3m. It paid $369k in professional fundraising fees. At year end it held assets of $10.9m against liabilities of $1.2m, net assets of $9.7m. It reported 53 employees.