Faribault Community T V and Multimedia Center is a 501(c)(3) organization based in Faribault, Minnesota, registered in 1999, with $67,798 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$68K
▲ 9.0% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$64K
Net assets
$36K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Faribault Community T V and Multimedia Center— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Faribault Community T V and Multimedia Center: 7 mo reserves · +6% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Faribault Community T V and Multimedia Center— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Faribault Community T V and Multimedia Center: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $65K (FY2013) to $68K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
6.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$36K
Total liabilities
$0
Net assets
$36K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $67,798▲9.0% | $63,718▲8.1% | $35,572▲15.6% | $35,572▲15.6% | 990 |
| 2023 | $62,226▼1.2% | $58,961▼3.3% | $30,781▲11.9% | $30,781▲11.9% | 990 |
| 2022 | $62,993▼6.5% | $60,980▲4.3% | $27,516▲7.9% | $27,516▲7.9% | 990 |
| 2021 | $67,353▼1.2% | $58,482▼3.4% | $25,503▲53.3% | $25,503▲53.3% | 990 |
| 2020 | $68,198▼1.4% | $60,549▼41.2% | $16,632▲85.1% | $16,632▲85.1% | 990 |
| 2019 | $69,198▼1.2% | $102,975▲49.6% | $8,983▼79.0% | $8,983▼79.3% | 990 |
| 2018 | $70,011▼1.5% | $68,829▼1.4% | $42,760▲2.8% | $43,430▲2.8% | 990 |
| 2017 | $71,063▼0.1% | $69,801▲0.7% | $41,578▲3.1% | $42,250▲3.1% | 990 |
| 2016 | $71,145▲0.4% | $69,305▼4.7% | $40,316▲4.8% | $40,986 | 990 |
| 2015 | $70,837▲1.4% | $72,714▲4.5% | $38,476▼4.7% | $40,972▲1.5% | 990 |
| 2014 | $69,875▲7.2% | $69,590▼6.9% | $40,353▲0.7% | $40,353▲0.7% | 990 |
| 2013 | $65,169 | $74,783▲7.5% | $40,068▼24.7% | $40,068▼24.7% | 990 |
| 2011 | — | $69,596 | $53,201 | $53,239 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Faribault Community T V and Multimedia Center (EIN 41-1942241) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.