SUBJECT MATTER INC

EIN: 874665955 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$487,822
Total Expenses
$359,570
Total Assets
$565,062
Net Assets
$565,062
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
DE
Principal Officer
COLLEEN HAMMOND
Phone
6365781268
Tax Period
2024-01-01 to 2024-12-31

SUBJECT MATTER INC, founded in 2022, is a small nonprofit in the Arts, Culture & Humanities sector that reported $488K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $128K, a strong 26% operating margin.

Mission

NONE

Program Service Accomplishments

Program 1
Expenses: $289,862

IN 2024, SUBJECT MATTER AWARDED OVER $171K IN GRANTS TO FOUR SOCIAL ISSUE DOCUMENTARIES AND FOUR NONPROFITS ADDRESSING THE ISSUES FEATURED IN THE FILMS. THE SUBJECT AREAS BEING ADDRESSED BY OUR...

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IN 2024, SUBJECT MATTER AWARDED OVER $171K IN GRANTS TO FOUR SOCIAL ISSUE DOCUMENTARIES AND FOUR NONPROFITS ADDRESSING THE ISSUES FEATURED IN THE FILMS. THE SUBJECT AREAS BEING ADDRESSED BY OUR GRANTEES INCLUDE THE IMPACTS OF MASS INCARCERATION ON CHILDREN; IMMIGRANT RIGHTS AND THE ASYLUM SEEKING PROCESS; LGBTQIA+ RIGHTS; AND THE RISE OF POLITICAL VIOLENCE IN THE UNITED STATES. WE PARTICIPATED IN NINE SCREENING EVENTS THROUGH COLLABORATIONS WITH SUNDANCE FILM FESTIVAL, MOUNTAINFILM, TRIBECA FESTIVAL, AND DOC NYC. INSPIRED AUDIENCES JOINED US IN CREATING POSITIVE COMMUNITY ACTIONS IN RESPONSE TO THE FILMS BY DONATING AN ADDITIONAL $16K TO OUR NONPROFIT GRANTEES FOLLOWING THE SCREENINGS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $471,437
Program Service Revenue $0
Investment Income $16,385
Other Revenue $0
TOTAL REVENUE $487,822

Expense Breakdown

Grants Paid $177,082
Salaries & Benefits $109,496
Fundraising Expenses $34,697
Program Expenses $289,862
Other Expenses $72,992
TOTAL EXPENSES $359,570

Year-over-Year Comparison

2024 2023 Change
Revenue $487,822 $439,374 +0.1%
Expenses $359,570 $292,222 +0.2%
Net Income $128,252 $147,152 -0.1%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
2
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
6
$100,000
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LILY BAND BOARD CO-CHAIR 1.00
Officer Director
$0 $0 $0
JEFFREY WRIGHT BOARD CO-CHAIR 1.00
Officer Director
$0 $0 $0
SAMANTHA RUDIN EARLS TREASURER 1.00
Officer Director
$0 $0 $0
LOREN HAMMONDS SECRETARY 1.00
Officer Director
$0 $0 $0
CHRISTIE MARCHESE BOARD MEMBER 1.00
Director
$0 $0 $0
FERNE PEARLSTEIN FORMER BOARD MEMBER 1.00
Director
$0 $0 $0
DIN BLANKENSHIP BOARD MEMBER 1.00
Director
$0 $0 $0
SAL AL-RASHID BOARD MEMBER 1.00
Director
$0 $0 $0
COLLEEN HAMMOND CO-EXECUTIVE DIRECTOR 20.00
Officer
$60,000 $0 $60,000
DAVID EARLS CO-EXECUTIVE DIRECTOR 20.00
Officer
$40,000 $0 $40,000
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 No data No data No data No data
2024 $487,822 $359,570 $565,062 $128,252
2023 $439,374 $292,222 $438,720 $147,152
2022 $462,617 $172,959 $309,658 $289,658
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