Arts, Culture & Humanities
(A32)
IRS Verified
DX Registered
990 on File
FRAMINGHAM PUBLIC ACCESS CORPORATION
Financial strength (30%)
80/100
Reliability (20%)
50/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$673K
Total Revenue
$828K
Total Expenses
$1.6M
Net Assets
21
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
78.3%
Fundraising Efficiency
N/A
Operating Reserve
23.53x
Liability-to-Asset
12.9%
Revenue Diversification
90.8%
Executive Compensation
$88K
Compared with Peers
FY 2024
Compared with 12,711 similar organizations
(United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
78.3% | 82.0% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
21.7% | 14.1% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
23.5 mo | 9.8 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
12.9% | 1.8% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
90.8% | 79.8% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-8.1% | 8.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
18.2% | 8.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-23.0% | 1.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $673K | $828K | $1.6M | 78.3% | 21 |
| 2023 | $732K | $701K | $1.8M | 79.1% | 18 |
| 2022 | $685K | $577K | $1.7M | 80.6% | 11 |
| 2021 | $698K | $623K | N/A | — | 8 |
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