Third Rail is located in Carefree, AZ. The organization was established in 2015. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Third Rail is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Third Rail generated $33.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.9%) each year. All expenses for the organization totaled $29.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (15.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
IN 2022 WE DISTRIBUTED COMMISSIONED AND EDITED ESSAYS AND PROJECTS BY INTERNATIONALLY RECOGNIZED CONTRIBUTORS FOR A SUBSTANTIAL, PRINT-BASED PUBLICATION. THE PUBLICATION IS ALWAYS OFFERED TO OUR READERS FREE OF CHARGE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cameron Gainer President | 2 | $0 | |
Phong Bui Member | 2 | $0 | |
Chris Larson Member | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,000 |
| Total Program Service Revenue | $1,117 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $33,117 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $971 |
| Other expenses | $25,696 |
| Total expenses | $29,667 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,060 |
| Other assets | $0 |
| Total assets | $44,073 |
| Total liabilities | $36,382 |
| Net assets or fund balances | $7,691 |