Printed Matter Inc
Printed Matter Inc. shows consistent operations but faced a significant deficit in its latest fiscal year.
EIN: 132947412 · New York, NY · NTEE: A330 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.9M |
| Total Expenses | $2.8M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $1.7M |
| Transparency Score | 75/100 |
Is Printed Matter Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Printed Matter Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Printed Matter Inc
Printed Matter Inc (EIN: 132947412) is a nonprofit organization based in New York, NY, classified under NTEE code A330. The organization reported total revenue of $3.9M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Printed Matter Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Printed Matter Inc is a mid-size nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.8M |
| Surplus / Deficit | $-775,996 |
| Total Assets | $4.0M |
| Total Liabilities | $2.3M |
| Net Assets | $1.7M |
| Operating Margin | -38.1% |
| Debt-to-Asset Ratio | 57.9% |
| Months of Reserves | 17.1 months |
Financial Health Grade: C
In 2023, Printed Matter Inc reported a deficit of $776K with expenses exceeding revenue, holds 17.1 months of operating reserves (strong position), has a debt-to-asset ratio of 57.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Printed Matter Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.9% | +18.5% | +14.8% |
| 2022 | +31.0% | +20.5% | -4.6% |
| 2021 | -13.2% | -2.2% | +8.6% |
| 2020 | -6.3% | -8.8% | +9.4% |
| 2019 | +47.7% | +27.3% | +5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Printed Matter Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Printed Matter Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $776K, with expenses exceeding revenue.
- Debt-to-asset ratio: 57.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be uncompensated or compensated through non-officer roles, which is unusual for an organization with annual revenues often exceeding $2 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Printed Matter Inc's IRS 990 filings:
- Significant deficit in the most recent fiscal year (202306), with expenses exceeding revenue by $775,996.
- Substantial increase in liabilities in 2023 to $2,320,785, which is nearly double the previous year's liabilities.
- Consistent reporting of 0% officer compensation, which can sometimes obscure how leadership is truly compensated or indicate potential reliance on unpaid labor for key roles.
Strengths
The following positive indicators were identified for Printed Matter Inc:
- Long history of consistent IRS 990 filings (13 filings), demonstrating transparency.
- Strong and growing asset base, reaching over $4 million in 2023, providing financial resilience.
- Generally positive net income in most years prior to 2023, indicating effective financial management over time.
Frequently Asked Questions about Printed Matter Inc
Is Printed Matter Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Printed Matter Inc (EIN: 132947412) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Printed Matter Inc spend its money?
Printed Matter Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Printed Matter Inc tax-deductible?
Printed Matter Inc is registered as a tax-exempt nonprofit (EIN: 132947412). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Printed Matter Inc CEO make?
Printed Matter Inc's highest-compensated officer earns $2 annually. The organization reported $3.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Printed Matter Inc's spending goes to programs?
Printed Matter Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Printed Matter Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Printed Matter Inc is above average for NTEE category A330 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Printed Matter Inc located?
Printed Matter Inc is headquartered in New York, New York and files with the IRS under EIN 132947412. It is classified under NTEE code A330.
How many years of IRS 990 filings does Printed Matter Inc have?
Printed Matter Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.9M in total revenue.
Is Printed Matter Inc. financially stable given the recent deficit?
While the organization has a history of generally positive net income, the 2023 deficit of $775,996 (Expenses $2,813,819 - Revenue $2,037,823) is substantial and warrants monitoring. Its strong asset base of over $4 million provides a buffer, but sustained deficits could impact long-term stability.
What is the reason for 0% officer compensation?
The filings consistently show 0% officer compensation. This could indicate a volunteer leadership structure, or that compensation for key management is reported under other expense categories, which would require reviewing the full 990 forms for clarification.
How has the organization's asset base changed over time?
Assets have shown a general upward trend, from $1,927,725 in 2014 to $4,007,930 in 2023, indicating growth in its financial resources.
What caused the significant increase in liabilities in 2023?
Liabilities increased from $1,009,106 in 2022 to $2,320,785 in 2023. The specific reasons for this substantial increase would need to be investigated by reviewing the detailed financial statements within the 990 filing.
Filing History
IRS 990 filing history for Printed Matter Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Printed Matter Inc's revenue has grown by 201%, moving from $677K to $2.0M. Total assets increased by 931.4% over the same period, from $389K to $4.0M. Total functional expenses rose by 263%, from $775K to $2.8M. In its most recent filing year (2023), Printed Matter Inc reported a deficit of $776K, with expenses exceeding revenue. The organization holds $2.3M in liabilities against $4.0M in assets (debt-to-asset ratio: 57.9%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $2.8M | $4.0M | $2.3M | — | View 990 |
| 2022 | $2.5M | $2.4M | $3.5M | $1.0M | — | View 990 |
| 2021 | $1.9M | $2.0M | $3.7M | $1.1M | — | View 990 |
| 2020 | $2.2M | $2.0M | $3.4M | $755K | — | View 990 |
| 2019 | $2.3M | $2.2M | $3.1M | $605K | — | View 990 |
| 2018 | $1.6M | $1.7M | $2.9M | $523K | — | View 990 |
| 2017 | $1.7M | $1.9M | $3.0M | $439K | — | View 990 |
| 2016 | $2.6M | $1.9M | $3.1M | $398K | — | View 990 |
| 2015 | $1.7M | $1.5M | $2.4M | $531K | — | View 990 |
| 2014 | $1.6M | $1.4M | $1.9M | $254K | — | View 990 |
| 2013 | $2.7M | $1.3M | $1.9M | $360K | — | View 990 |
| 2012 | $1.1M | $917K | $538K | $342K | — | View 990 |
| 2011 | $677K | $775K | $389K | $369K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $2.8M, and assets of $4.0M (revenue -16.9% year-over-year).
- 2022: Revenue of $2.5M, expenses of $2.4M, and assets of $3.5M (revenue +31.0% year-over-year).
- 2021: Revenue of $1.9M, expenses of $2.0M, and assets of $3.7M (revenue -13.2% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.0M, and assets of $3.4M (revenue -6.3% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.2M, and assets of $3.1M (revenue +47.7% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.7M, and assets of $2.9M (revenue -10.5% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.9M, and assets of $3.0M (revenue -33.6% year-over-year).
- 2016: Revenue of $2.6M, expenses of $1.9M, and assets of $3.1M (revenue +52.9% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.5M, and assets of $2.4M (revenue +7.9% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.4M, and assets of $1.9M (revenue -41.2% year-over-year).
- 2013: Revenue of $2.7M, expenses of $1.3M, and assets of $1.9M (revenue +147.4% year-over-year).
- 2012: Revenue of $1.1M, expenses of $917K, and assets of $538K (revenue +61.5% year-over-year).
- 2011: Revenue of $677K, expenses of $775K, and assets of $389K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Printed Matter Inc:
Data Sources and Methodology
This transparency report for Printed Matter Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.