Tikkun Olam Productions Incorporated

Analysis

Tikkun Olam Productions Incorporated is a registered charity in United States, based in Somerville, MA. It received its IRS tax-exemption ruling in May 2020, 6 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 December 2023, Tikkun Olam Productions Incorporated reported income of $1.0m and spending of $791k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $643k to $1.0m (+63%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tikkun Olam Productions Incorporated sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include North Carolina Music Educators Association ($1.0m), Film Pittsburgh ($1.0m) and Chicago Torture Justice Memorials Foundation ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $109k (14% of expenses). Other salaries and wages came to $198k. At year end it held assets of $254k against liabilities of $28k, net assets of $226k. It reported 7 employees.