Temenos Inc

Analysis

Temenos Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 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 November 2023, Temenos Inc reported income of $75k and spending of $19k, leaving 75% of income unspent that year. Across the 2 years on record, from November 2022 to November 2023, income fell from $88k to $75k (-15%), an average of -15% a year. Over the whole period it spent 48% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Temenos Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Dumbo Film Festival Inc ($75k), The Sunshine Jazz Organization Inc ($75k) and New Paradigm Theatre Company Inc ($75k).

On its Form 990-EZ for the period ending November 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. At year end it held assets of $152k against liabilities of $0, net assets of $152k.