Talent Machine Company Inc

Analysis

Talent Machine Company Inc is a registered charity in United States, based in Davidsonville, MD. It received its IRS tax-exemption ruling in November 1994, 32 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 December 2023, Talent Machine Company Inc reported income of $199k and spending of $187k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $204k to $199k (-2.1%), an average of -1.1% a year. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Talent Machine Company Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within MD. Charities of a similar size with the same main cause include Watsontown Historical Association ($199k), Stage Door Miracles ($199k) and Visionaries Inc ($199k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 58% of the total. At year end it held assets of $390k against liabilities of $8,055, net assets of $382k.