Minority Television Project Inc

Analysis

Minority Television Project Inc is a registered charity in United States, based in San Mateo, CA. It received its IRS tax-exemption ruling in April 2019, 7 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Minority Television Project Inc reported income of $7.2m and spending of $3.4m, leaving 53% of income unspent that year. Across the 3 years on record, from December 2018 to December 2021, income grew from $1.4m to $7.2m (+430%), an average of +130% a year. The sharpest change came in the year to December 2019, when income rose by 163%. Over the whole period it spent 66% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Minority Television Project Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Virginia Foundation for the Humanities and Public Policy ($7.2m), Archaeological Institute of America ($7.2m) and Maine State Music Theatre ($7.2m).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 0.6% of the total. Other salaries and wages came to $400k. At year end it held assets of $120.8m against liabilities of $38.7m, net assets of $82.1m. It reported 3 employees.