Tkdubs Productions

Analysis

Tkdubs Productions is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in September 2018, 8 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, Tkdubs Productions reported income of $59k and spending of $67k, spending 114% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $237k to $59k (-75%), an average of -50% a year. The sharpest change came in the year to December 2022, when income dropped by 65%. 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, Tkdubs Productions sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within NC. Charities of a similar size with the same main cause include Creative Filmmakers Association ($59k), Cheyenne Symphony Foundation ($59k) and International Communications Association Inc ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $6,519, net assets of -$6,518.