THEOREM MEDIA INC

EIN: 833371047 501(c)(3) Arts, Culture & Humanities

WESTPORT, CT

Total Revenue
$1,027,784
Total Expenses
$1,137,664
Total Assets
$78,673
Net Assets
$53,894
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
CT
Principal Officer
DOUGLAS DICCONSON
Phone
2035576058
Tax Period
2025-01-01 to 2025-12-31

THEOREM MEDIA INC, founded in 2019, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.0M in total revenue in fiscal year 2025. Revenue decreased 10% compared to the prior year. Expenses of $1.1M exceeded revenue, resulting in a 11% operating deficit.

Mission

AN EDUCATIONAL NON-PROFIT FOCUSING ON DEMYSTIFYING AND EXPLAINING CONTEMPORARY TOPICS THAT ARE UNDER-SERVED AND OFTEN MISUNDERSTOOD, YET VITALLY IMPORTANT TO OUR WORLD.

Program Service Accomplishments

Program 1
Expenses: $703,185 Revenue: $873,784

WORK WITH ALL FORMS OF STORYTELLERS TO INSPIRE GENERATIONS OF PEOPLE TO NOT ONLY UNDERSTAND BUT ENGAGE IN THE MOST IMPORTANT ISSUES OF OUR TIME SUCH AS CYBERSECURITY, SUSTAINABILITY, SPACE...

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WORK WITH ALL FORMS OF STORYTELLERS TO INSPIRE GENERATIONS OF PEOPLE TO NOT ONLY UNDERSTAND BUT ENGAGE IN THE MOST IMPORTANT ISSUES OF OUR TIME SUCH AS CYBERSECURITY, SUSTAINABILITY, SPACE EXPLORATION, AND INCLUSIVITY. PROVIDE FUNDING TO STUDENT ARTISTS AND MATERIALS SUCH AS EDUCATIONAL MATERIALS, LESSON PLANS, SCREENING GUIDELINES FOR COMMUNITY SCREENINGS AND OTHER MATERIALS AT NO COST TO END USERS SUCH AS SCHOOLS, LIBRARIES, COMMUNITY CENTERS, LEARNING CENTERS AND GENERAL AUDIENCES

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $154,000
Program Service Revenue $873,784
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,027,784

Expense Breakdown

Grants Paid $0
Salaries & Benefits $123,782
Fundraising Expenses $372
Program Expenses $703,185
Other Expenses $1,013,882
TOTAL EXPENSES $1,137,664

Year-over-Year Comparison

2025 2024 Change
Revenue $1,027,784 $1,139,376 -0.1%
Expenses $1,137,664 $1,082,511 +0.1%
Net Income $-109,880 $56,865 -2.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$123,782
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOUGLAS DICCONSON CEO 32.00
Officer
$86,282 $0 $86,282
KIMBERLY DICCONSON Secretary 20.00
Officer
$37,500 $0 $37,500
JOSEPH SELVOLD Director 1.00
Director
$0 $0 $0
BENJAMIN ALDERFER Director 1.00
Director
$0 $0 $0
TORSIE JUDKINS Director 1.00
Director
$0 $0 $0
JEN EASTERLY Director 0.00
Director
$0 $0 $0
CHARLES SHIPMAN Treasurer 2.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,027,784 $1,137,664 $78,673 $-109,880
2024 No data No data No data No data
2023 $366,650 $344,224 $112,939 $22,426
2019 $200,000 $124,873 $75,147 $75,127
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