Los Angeles Cable Television Access Corporation

Analysis

Los Angeles Cable Television Access Corporation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 1995, 31 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, Los Angeles Cable Television Access Corporation reported income of $1.7m and spending of $1.7m, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.3m to $1.7m (+24%), an average of +4.4% a year. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Los Angeles Cable Television Access Corporation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Warhawk Air Museum Inc ($1.7m), New Village Arts Inc ($1.7m) and No Limits Theater Group Inc ($1.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 30% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $122k (7.4% of expenses). Other salaries and wages came to $221k. At year end it held assets of $865k against liabilities of $285k, net assets of $580k. It reported 8 employees.