Millbrae Cable Television

Analysis

Millbrae Cable Television is a registered charity in United States, based in Millbrae, CA. It received its IRS tax-exemption ruling in February 1997, 29 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 June 2024, Millbrae Cable Television reported income of $282k and spending of $236k, spending 84% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $238k to $282k (+18%), an average of +3.4% a year. The sharpest change came in the year to June 2020, when income dropped by 21%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Millbrae Cable Television sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Rodeo Cinema Foundation ($282k), Granger Homestead Society Inc ($282k) and Santa Monica Historical Society Inc ($282k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 83% of the total. Other salaries and wages came to $158k. At year end it held assets of $137k against liabilities of $4,924, net assets of $132k. It reported 7 employees.