Nevada City Community Broadcast Group

Analysis

Nevada City Community Broadcast Group is a registered charity in United States, based in Nevada City, CA. It received its IRS tax-exemption ruling in March 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 September 2023, Nevada City Community Broadcast Group reported income of $1.4m and spending of $1.5m, spending 107% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $1.4m (+29%), an average of +6.5% a year. The sharpest change came in the year to September 2020, when income rose by 16%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nevada City Community Broadcast Group 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 Madam Walker Legacy Center ($1.4m), Ola of Eastern Long Island Inc ($1.4m) and Mast Inc ($1.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 72% and program service revenue 20% of the total. Other salaries and wages came to $646k. At year end it held assets of $4.0m against liabilities of $1.0m, net assets of $3.0m. It reported 16 employees.