Subject Matter Inc
- Assets
- $438.7k
- Revenue
- $439.4k
- Investments
- $0.0
- Employees
- 3
- Location
- New York, NY
- Founding
- Data as of
- 12/2023
- EIN
- 87-4665955
Organization Overview
Subject Matter Inc is located in New York, NY. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Subject Matter Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Subject Matter Inc 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 12/2023, Subject Matter Inc generated $439.4k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $292.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Subject Matter Inc has awarded 14 individual grants totaling $260,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CONNECT INSPIRING STORYTELLING AND MEANINGFUL CHANGE BY PROVIDING FUNDS AND OTHER RESOURCES TO DOCUMENTARIES THAT HIGHLIGHT SOCIAL ISSUES AND BY AWARDING CORRESPONDING GRANTS TO NONPROFITS TACKLING THE FEATURED TOPICS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN SUBJECT MATTER'S SECOND YEAR, WE EXPANDED OUR AUDIENCE REACH THROUGH STRATEGIC PARTNERSHIPS WITH FILM FESTIVALS. WE WORKED WITH FESTIVAL PROGRAMMERS TO IDENTIFY DOCUMENTARIES IN THEIR PROGRAMS THAT HIGHLIGHT URGENT SOCIAL ISSUES. THEN OUR SELECTION COMMITTEE SELECTED FESTIVAL FILMS TO RECEIVE GRANTS TO SUPPORT THEIR IMPACT AND OUTREACH EFFORTS. NEXT, WE IDENTIFIED NONPROFITS THAT HAVE BEEN WORKING ON THE ISSUE FEATURED IN THE FILMS AND WE AWARDED THE ORGANIZATIONS CORRESPONDING GRANTS TO SUPPORT THEIR WORK ON THE GROUND. AT THE FESTIVALS, WE HELPED RAISE AWARENESS FOR THE FILMS, ACKNOWLEDGED THE PARTICIPANTS WHO GENEROUSLY SHARED THEIR STORIES, AND IMMEDIATELY AFTER THE SCREENINGS WE INVITED INSPIRED AUDIENCES TO JOIN US IN DONATING TO THE NONPROFIT GRANTEES TO CREATE A POSITIVE COMMUNITY ACTION IN RESPONSE TO THE FILMS. WE PARTICIPATED IN TEN SCREENING EVENTS, INCLUDING TWO FOR INAUGURAL GRANTEES AND TOGETHER WITH AUDIENCES, WE AWARDED OVER $152K IN GRANTS TO THE FILMS AND NONPROFITS. THE SUBJECT AREAS BEING ADDRESSED BY OUR 2023 GRANTEES INCLUDE PROTECTING THE HUMAN RIGHTS AND DIGNITY OF PEOPLE BORN WITH INTERSEX TRAITS; REPRESENTATION AND DIVERSITY IN MAINSTREAM MEDIA COVERAGE; AND PREVENTING VIOLENCE, ISLAMOPHOBIA, AND HATE CRIMES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lily Band Board Co-Chair | OfficerTrustee | 1 | $0 |
Jeffrey Wright Board Co-Chair | OfficerTrustee | 1 | $0 |
Samantha Rudin Earls Treasurer | OfficerTrustee | 1 | $0 |
Loren Hammonds Board Member | Trustee | 1 | $0 |
Christie Marchese Board Member | Trustee | 1 | $0 |
Ferne Pearlstein Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $433,131 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $433,131 |
| Total Program Service Revenue | $0 |
| Investment income | $6,243 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $439,374 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $151,134 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $90,000 |
| Compensation of current officers, directors, key employees. | $16,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $591 |
| Payroll taxes | $8,016 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,700 |
| Fees for services: Accounting | $7,325 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,750 |
| Advertising and promotion | $0 |
| Office expenses | $4,302 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,828 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $292,222 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,427 |
| Savings and temporary cash investments | $339,043 |
| Pledges and grants receivable | $75,250 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $438,720 |
| Accounts payable and accrued expenses | $1,910 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,910 |
| Net assets without donor restrictions | $436,810 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $438,720 |
Grants Awarded
Over the last fiscal year, Subject Matter Inc has awarded $140,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
INTERACT PURPOSE: GENERAL PROGRAM SUPPORT | $25,000 |
THE 19TH NEWS PURPOSE: GENERAL PROGRAM SUPPORT | $25,000 |
OUR THREE WINNERS FOUNDATION PURPOSE: GENERAL PROGRAM SUPPORT | $20,000 |
FOUR PILLARS FILMS LLC PURPOSE: FILMMAKING SUPPORT | $25,000 |
SSD FILMS LLC PURPOSE: FILMMAKING SUPPORT | $20,000 |
BETTER THAN FICTION PRODUCTIONS INC PURPOSE: FILMMAKING SUPPORT | $25,000 |