Subject Matter Inc

Analysis

Subject Matter Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2022, 4 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, Subject Matter Inc reported income of $439k and spending of $292k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $463k to $439k (-5.0%), an average of -5.0% a year. Over the whole period it spent 52% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Subject Matter Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Outlinc Inc ($439k), Del Sole Foundation for the Artsand Humanities Inc ($440k) and Primary Information Inc ($439k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $90k (31% of expenses). At year end it held assets of $439k against liabilities of $1,910, net assets of $437k. It reported 3 employees.