Talea Ensemble Incorporated

Analysis

Talea Ensemble Incorporated is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2009, 17 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 June 2023, Talea Ensemble Incorporated reported income of $420k and spending of $363k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $299k to $420k (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2022, when income rose by 84%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Talea Ensemble Incorporated sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Hawaii Academy of Science ($420k), Cedar Rapids Freedom Festival Inc ($420k) and Makerspace of Milwaukee Inc ($420k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $19k (5.2% of expenses). Other salaries and wages came to $45k. At year end it held assets of $313k against liabilities of $33k, net assets of $280k. It reported 5 employees.