Center for Asian American Media

Analysis

Center for Asian American Media is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 1981, 45 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, Center for Asian American Media reported income of $4.2m and spending of $3.7m, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.5m to $4.2m (+69%), an average of +14% a year. The sharpest change came in the year to September 2021, when income rose by 114%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Center for Asian American Media sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Childrens Museum of Memphis ($4.2m), Florida Repertory Company Inc ($4.2m) and Soulsville ($4.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% and program service revenue 8.2% of the total. Compensation of current officers, directors and key employees was $166k (4.5% of expenses). Other salaries and wages came to $1.3m. It paid $32k in professional fundraising fees. At year end it held assets of $9.4m against liabilities of $1.4m, net assets of $8.0m. It reported 36 employees.