Type Media Center Inc
Type Media Center Inc. experiences recent operational deficits while maintaining strong asset base and reporting no officer compensation.
EIN: 136216903 · New York, NY · NTEE: A30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.9M |
| Total Expenses | $3.2M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $6.2M |
| Transparency Score | 75/100 |
Is Type Media Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Type Media Center Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Type Media Center Inc
Type Media Center Inc (EIN: 136216903) is a nonprofit organization based in New York, NY, classified under NTEE code A30. The organization reported total revenue of $6.9M and total assets of $7.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Type Media Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Type Media Center Inc is a mid-size nonprofit that has been operating for 59 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $3.2M |
| Surplus / Deficit | $-839,059 |
| Total Assets | $6.3M |
| Total Liabilities | $113K |
| Net Assets | $6.2M |
| Operating Margin | -35.3% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 23.4 months |
Financial Health Grade: B
In 2023, Type Media Center Inc reported a deficit of $839K with expenses exceeding revenue, holds 23.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Type Media Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -41.3% | -16.2% | -7.9% |
| 2022 | -6.8% | -4.0% | -9.9% |
| 2021 | +10.0% | -9.1% | +13.0% |
| 2020 | -0.7% | +3.8% | -2.9% |
| 2019 | -19.1% | -9.0% | +3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1967 |
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 Type Media Center 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, Type Media Center 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 $839K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with annual revenues often exceeding $3 million. This either indicates a volunteer-led executive team or that compensation is reported under different categories, warranting further scrutiny for complete transparency.
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 Type Media Center Inc's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., $839,059 in 2023, $448,311 in 2020), indicating spending exceeds revenue.
- Unusually consistent 0% officer compensation reported across all filings, which may obscure actual executive remuneration or indicate an unusual governance structure.
- Significant year-over-year revenue volatility, with a sharp decline of approximately 41% from 2022 to 2023.
Strengths
The following positive indicators were identified for Type Media Center Inc:
- Strong asset base relative to liabilities (e.g., $6,270,146 assets vs. $112,566 liabilities in 2023), indicating good financial solvency.
- Consistent filing history with the IRS, demonstrating compliance and transparency in reporting.
- Maintained substantial assets over time despite revenue fluctuations, suggesting effective asset management.
Frequently Asked Questions about Type Media Center Inc
Is Type Media Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Type Media Center Inc (EIN: 136216903) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Type Media Center Inc spend its money?
Type Media Center Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Type Media Center Inc tax-deductible?
Type Media Center Inc is registered as a tax-exempt nonprofit (EIN: 136216903). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Type Media Center Inc CEO make?
Type Media Center Inc's highest-compensated officer earns $3 annually. The organization reported $6.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Type Media Center Inc's spending goes to programs?
Type Media Center Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Type Media Center Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Type Media Center Inc is above average for NTEE category A30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Type Media Center Inc located?
Type Media Center Inc is headquartered in New York, New York and files with the IRS under EIN 136216903. It is classified under NTEE code A30.
How many years of IRS 990 filings does Type Media Center Inc have?
Type Media Center Inc has 14 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 $6.9M in total revenue.
Why is officer compensation consistently reported as 0%?
The IRS 990 filings for Type Media Center Inc. consistently show 0% officer compensation. This could mean that executive leadership is entirely volunteer-based, or that compensation is reported under other expense categories, or that the individuals serving as officers do not receive compensation from the organization. Further investigation into the full 990 forms (Part VII, Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees) would be necessary to clarify this.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided summary data does not include a detailed breakdown of expenses into program, administrative, and fundraising categories. To assess spending efficiency accurately, it would be crucial to review the full IRS 990 forms (Part IX, Statement of Functional Expenses) to understand how the organization allocates its resources.
What caused the significant drop in revenue from $4,047,638 in 2022 to $2,375,591 in 2023?
The revenue for Type Media Center Inc. decreased by approximately 41% between 2022 and 2023. This significant drop could be due to various factors such as reduced grant funding, fewer individual donations, or changes in earned income. A review of the organization's financial statements and narrative descriptions in the 990 would be needed to understand the specific reasons for this decline.
How does the organization plan to address the recurring operational deficits, such as the $839,059 deficit in 2023?
Type Media Center Inc. has experienced several years where expenses exceeded revenue, including a substantial deficit of $839,059 in 2023 ($3,214,650 expenses vs. $2,375,591 revenue). While the organization maintains healthy assets, sustained deficits could impact long-term financial stability. Understanding their strategy for revenue generation or expense management to achieve financial equilibrium is important.
Filing History
IRS 990 filing history for Type Media Center Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Type Media Center Inc's revenue has declined by 21.8%, moving from $3.0M to $2.4M. Total assets increased by 22.3% over the same period, from $5.1M to $6.3M. Total functional expenses rose by 0.7%, from $3.2M to $3.2M. In its most recent filing year (2023), Type Media Center Inc reported a deficit of $839K, with expenses exceeding revenue. The organization holds $113K in liabilities against $6.3M in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $6.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $3.2M | $6.3M | $113K | — | — |
| 2022 | $4.0M | $3.8M | $6.8M | $123K | — | — |
| 2021 | $4.3M | $4.0M | $7.6M | $147K | — | View 990 |
| 2020 | $3.9M | $4.4M | $6.7M | $98K | — | View 990 |
| 2019 | $4.0M | $4.2M | $6.9M | $74K | — | View 990 |
| 2018 | $4.9M | $4.7M | $6.6M | $75K | — | View 990 |
| 2017 | $3.7M | $4.1M | $6.7M | $72K | — | View 990 |
| 2016 | $4.7M | $3.8M | $6.9M | $168K | — | View 990 |
| 2015 | $3.1M | $3.7M | $5.9M | $150K | — | View 990 |
| 2014 | $4.4M | $3.8M | $6.8M | $211K | — | View 990 |
| 2013 | $4.4M | $3.2M | $6.0M | $150K | — | View 990 |
| 2012 | $4.0M | $3.4M | $4.9M | $183K | — | View 990 |
| 2011 | $2.3M | $3.0M | $4.2M | $198K | — | View 990 |
| 2010 | $3.0M | $3.2M | $5.1M | $329K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $3.2M, and assets of $6.3M (revenue -41.3% year-over-year).
- 2022: Revenue of $4.0M, expenses of $3.8M, and assets of $6.8M (revenue -6.8% year-over-year).
- 2021: Revenue of $4.3M, expenses of $4.0M, and assets of $7.6M (revenue +10.0% year-over-year).
- 2020: Revenue of $3.9M, expenses of $4.4M, and assets of $6.7M (revenue -0.7% year-over-year).
- 2019: Revenue of $4.0M, expenses of $4.2M, and assets of $6.9M (revenue -19.1% year-over-year).
- 2018: Revenue of $4.9M, expenses of $4.7M, and assets of $6.6M (revenue +31.5% year-over-year).
- 2017: Revenue of $3.7M, expenses of $4.1M, and assets of $6.7M (revenue -19.6% year-over-year).
- 2016: Revenue of $4.7M, expenses of $3.8M, and assets of $6.9M (revenue +51.1% year-over-year).
- 2015: Revenue of $3.1M, expenses of $3.7M, and assets of $5.9M (revenue -30.6% year-over-year).
- 2014: Revenue of $4.4M, expenses of $3.8M, and assets of $6.8M (revenue +1.5% year-over-year).
- 2013: Revenue of $4.4M, expenses of $3.2M, and assets of $6.0M (revenue +9.5% year-over-year).
- 2012: Revenue of $4.0M, expenses of $3.4M, and assets of $4.9M (revenue +73.5% year-over-year).
- 2011: Revenue of $2.3M, expenses of $3.0M, and assets of $4.2M (revenue -24.2% year-over-year).
- 2010: Revenue of $3.0M, expenses of $3.2M, and assets of $5.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Type Media Center Inc:
Data Sources and Methodology
This transparency report for Type Media Center 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.