New York · Nonprofit
SUBJECT MATTER INC
SUBJECT MATTER INC (New York) receives grants from 16 organizations whose IRS filings report $551,725 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($158,500). 9 of them have funded it in more than one year, and 52% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $488k
- Funders on record
- 16
- Grants received
- $552k
- Net assets
- $565k
What Subject Matter Inc does
Mission
None
As stated on its FY2024 Form 990.
Program
In 2025, subject matter awarded over $253,000 in grants to five social issue documentaries and five nonprofits addressing the issues featured in the films. The subject areas being addressed by our grantees include the climate crisis, indigenous rights, sexual abuse, gun violence, trans youth healthcare, and intellectual freedom. We participated in twelve screening events through collaborations with sundance film festival, tribeca film festival, hamptons international film festival, and doc nyc. Inspired audience members joined us in creating positive community action in response to the films by donating an additional $13k+ to our nonprofit grantees following the screenings.
$361,819 spentof which $266,952 as grants100% of program spending
The program described on its FY2025 Form 990. Program spending in total: $361,819.
The organization over time
Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $310k to $439k (+42%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
97% of SUBJECT MATTER INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (64% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 3 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2022 → 2023: the base broadened from 4 funders to 9 funders, grant income rose $35k → $123k.
5 of 16 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 52% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of SUBJECT MATTER INC’s funders (the co-funder graph). Top 15 of 16 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
SUBJECT MATTER INC has a broad base — no single funder exceeds 29% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
52% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SUBJECT MATTER INC.
Largest funder’s share by year: 2022 43% · 2023 28% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
52% of SUBJECT MATTER INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $266k that is directly attributable, 88% of it comes from New York funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $286k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
SUBJECT MATTER INC runs a healthier operating margin than three-quarters of the 17,936 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 17,936 arts & culture nonprofits $100k–$1M, FY2024
Organizations like SUBJECT MATTER INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
81% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for SUBJECT MATTER INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds SUBJECT MATTER INC?
- SUBJECT MATTER INC (New York) receives grants from 16 organizations whose IRS filings report $551,725 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($158,500). 9 of them have funded it in more than one year, and 52% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does SUBJECT MATTER INC have?
- IRS filings report 16 organizations giving $551,725 in grants to SUBJECT MATTER INC, 9 of which have funded it in more than one year.
- Who is the largest funder of SUBJECT MATTER INC?
- NATIONAL PHILANTHROPIC TRUST is the largest funder on record, with $158,500 in grants. The full list of funders is on this page.
- How can an organization like SUBJECT MATTER INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2022–2024), and the filings of 16 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing