Kqed Inc

Analysis

Kqed Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in March 1955, 71 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, Kqed Inc reported income of $115.1m and spending of $104.9m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $121.5m to $115.1m (-5.3%), an average of -1.3% a year. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kqed Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Philadelphia Museum of Art ($114.4m), Institute of Gas Technology ($118.0m) and Minnesota Public Radio ($114.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 82% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $4.8m (4.6% of expenses). Other salaries and wages came to $39.1m. It paid $505k in professional fundraising fees. At year end it held assets of $330.6m against liabilities of $25.4m, net assets of $305.2m. It reported 545 employees.