Talking Eyes Media Inc

Analysis

Talking Eyes Media Inc is a registered charity in United States, based in Montclair, NJ. It received its IRS tax-exemption ruling in November 2002, 24 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, Talking Eyes Media Inc reported income of $218k and spending of $344k, spending 158% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $659k to $218k (-67%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. 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 Eyes Media Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 62nd percentile within NJ. Charities of a similar size with the same main cause include Klezmer Music Foundation ($218k), Amc Museum Foundation Inc ($218k) and Richard E Wildish Community Theater ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $85k (25% of expenses). Other salaries and wages came to $108k. At year end it held assets of $301k against liabilities of $11k, net assets of $289k. It reported 3 employees.