Parents Television Council Inc
Analysis
Parents Television Council Inc is a registered charity in United States, based in Burbank, CA. It received its IRS tax-exemption ruling in January 2001, 25 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 December 2023, Parents Television Council Inc reported income of $1.6m and spending of $1.8m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.6m (-9.0%), an average of -2.3% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. 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, Parents Television Council Inc 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 Sinfonia Gulf Coast Inc ($1.6m), G a F Society ($1.6m) and Heartland Science and Technology Group ($1.6m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $653k (35% of expenses). Other salaries and wages came to $177k. It paid $100k in professional fundraising fees. At year end it held assets of $627k against liabilities of $326k, net assets of $301k. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sinfonia Gulf Coast Inc | Miramar Beach | $1.6m |
| G a F Society | Oregon | $1.6m |
| Heartland Science and Technology Group | Chillicothe | $1.6m |
| The Cahoon Museum of American Art Inc | Cotuit | $1.7m |