Barn Raising Media

Analysis

Barn Raising Media is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2023, 3 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 March 2024, Barn Raising Media reported income of $349k and spending of $410k, spending 117% of what it took in. Across the 2 years on record, from March 2023 to March 2024, income grew from $290k to $349k (+21%), an average of +20% a year. The sharpest change came in the year to March 2024, when income rose by 21%. 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, Barn Raising Media sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Skagit County Historical Society ($349k), Pacific Northwest Writers Conference ($349k) and Professional Numismatists Guild Inc ($349k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $247k (60% of expenses). At year end it held assets of $57k against liabilities of $20k, net assets of $37k. It reported 3 employees.