Teada Productions

Analysis

Teada Productions is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Teada Productions reported income of $338k and spending of $506k, spending 150% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $307k to $338k (+10%), an average of +2.5% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Teada Productions sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Monticello Opera House Inc ($338k), St Johns County Center for the Arts Inc ($339k) and El Paso Museum of Art Foundation ($338k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 69% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $121k (24% of expenses). Other salaries and wages came to $135k. At year end it held assets of $256k against liabilities of $0, net assets of $256k. It reported 5 employees.