Public Media Group of Southern California

Analysis

Public Media Group of Southern California is a registered charity in United States, based in Burbank, CA. It received its IRS tax-exemption ruling in September 1964, 62 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 2023, Public Media Group of Southern California reported income of $37.1m and spending of $49.5m, spending 134% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $33.7m to $37.1m (+10%), an average of +2.4% a year. The sharpest change came in the year to June 2023, when income dropped by 32%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Public Media Group of Southern California sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Artis-Naples Inc ($36.9m), Alvin Ailey Dance Foundation Inc ($37.2m) and Public Broadcasting of Colorado Inc ($36.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $3.1m (6.3% of expenses). Other salaries and wages came to $11.4m. It paid $142k in professional fundraising fees. At year end it held assets of $143.4m against liabilities of $41.9m, net assets of $101.5m. It reported 230 employees.