Speculative Technologies Inc

Analysis

Speculative Technologies Inc is a registered charity in United States, based in Claymont, DE. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover science and technology, 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, Speculative Technologies Inc reported income of $715k and spending of $778k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.2m to $715k (-39%), an average of -39% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 62% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Speculative Technologies Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within DE. Charities of a similar size with the same main cause include Athens Film Arts Institute Inc ($714k), Wayne Center for the Arts ($715k) and Pacific Islamic Community and Cultural Services ($714k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $120k (15% of expenses). Other salaries and wages came to $172k. At year end it held assets of $734k against liabilities of $11k, net assets of $723k. It reported 3 employees.