Robert C Maynard Institute for Journalism Education

Analysis

Robert C Maynard Institute for Journalism Education is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in August 1977, 49 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, Robert C Maynard Institute for Journalism Education reported income of $1.4m and spending of $2.1m, spending 146% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.4m (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2020, when income rose by 74%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Robert C Maynard Institute for Journalism Education sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Creativets ($1.4m), Kentucky Railway Museum Inc ($1.4m) and Fort Collins Museum of Discovery Nonprofit Partner ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $327k (16% of expenses). Other salaries and wages came to $513k. At year end it held assets of $2.1m against liabilities of $351k, net assets of $1.7m. It reported 9 employees.