Educational Media Foundation

Analysis

Educational Media Foundation is a registered charity in United States, based in Rocklin, CA. It received its IRS tax-exemption ruling in October 1983, 43 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, Educational Media Foundation reported income of $242.2m and spending of $154.5m, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $201.3m to $242.2m (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 62% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Educational Media Foundation 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 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Museum of Modern Art ($236.7m), National Gallery of Art ($250.9m) and Lincoln Center for the Performing Arts Inc ($235.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $3.6m (2.3% of expenses). Other salaries and wages came to $45.3m. It paid $1.9m in professional fundraising fees. At year end it held assets of $1.12bn against liabilities of $94.8m, net assets of $1.03bn. It reported 724 employees.