Talking Band Inc

Analysis

Talking Band Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1978, 48 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Talking Band Inc reported income of $112k and spending of $117k, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $160k to $112k (-30%), an average of -8.6% a year. The sharpest change came in the year to June 2021, 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, Talking Band Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include North American Brass Band Association Inc ($112k), Thunder Bay Arts Council Inc ($112k) and Be Proud Inc ($111k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 2.0% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.