Thurston Community Television

Analysis

Thurston Community Television is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in March 1985, 41 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, Thurston Community Television reported income of $940k and spending of $908k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $839k to $940k (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Thurston Community Television sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within WA. Charities of a similar size with the same main cause include National Association of Tribal Historic Preservation Officers Inc ($939k), Ohio Lawyers Assistance Program Inc ($940k) and Whim Whim ($939k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 8.2% of the total. Compensation of current officers, directors and key employees was $67k (7.4% of expenses). Other salaries and wages came to $414k. At year end it held assets of $1.2m against liabilities of $331k, net assets of $873k. It reported 25 employees.