8-K

                       SECURITIES AND EXCHANGE COMMISSION

                              Washington, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


                         Date of Report: August 6, 2004


                                TRUDY CORPORATION
                                 353 Main Avenue
                           Norwalk, Connecticut 06851

                           Commission File No. 0-16056
                      Incorporated in the State of Delaware
                      Federal Identification No. 06-1007765

                            Telephone: (203) 846-2274



Item 5.  Other Events.

         The Registrant announces a net loss of approximately $1.7 million for
its fiscal year ended March 31, 2004.

         (c)   Exhibits.

               99.1 . Press release of the Registrant, dated August 6, 2004.


                                   SIGNATURES
                                   ----------

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                    TRUDY CORPORATION


Date: August 6, 2004                By: /s/ WILLIAM W. BURNHAM
                                        ----------------------------------------
                                        William W. Burnham,
                                        Chief Executive Officer and Acting Chief
                                        Financial Officer of the Company


                                       2

EX-99

                                                                    Exhibit 99.1


                                                   FOR IMMEDIATE RELEASE
                                                   Contact: Fell Herdeg
                                                   Telephone: 203-846-2274 x 119
                                                   Facsimile: 203-846-1776
                                                   Fell.Herdeg@soundprints.com


TRUDY ANNOUNCES A NET LOSS OF APPROXIMATELY $1.7 MILLION FOR FY 2004

Norwalk, Connecticut, August 6, 2004--Trudy Corporation (OTCBB:TRDY) announced
today a net loss of approximately $1.7 million for its fiscal year ended March
31, 2004. For the fiscal year ended March 31, 2003 the loss was $315,000.

Sales net of returns for fiscal year 2004 are expected to be approximately 19%
below the comparable figure of $4.4 million for fiscal year 2003 or 12 months
ended March 31, 2003 despite the Company's new licensing initiatives aimed at
sales to big box stores. Though consolidated gross sales increased in fiscal
year 2004 over fiscal year 2003, the Company experienced considerable returns
resulting from its continued expansion in the mass market. In addition,
Soundprints' sales to retail book stores and more significantly to libraries,
library distributors and direct to consumer mail order declined owing to delays
in its new title launches and a reduction in spending by states' educational
budgets.

The significant increase in the Company's loss for fiscal year 2004 versus the
prior fiscal year stemmed from higher reserves for returns, increased write down
for inventory obsolescence and a decline in gross margins. In addition, the
Company has written off $264,000 in goodwill attributable to the change of
ownership of Studio Mouse, LLC as of August 20, 2002.

As a result of the Company's limited resources and temporary reduction in
personnel, the Company has been delayed in finalizing the necessary information
to file the Company's Annual Report on Form 10-KSB. This is expected to be
completed and filed within the next three weeks.

Except for the historical information contained herein, the matters set forth in
this press release are forward-looking statements within the meaning of "safe
harbor" provisions of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are subject to risks and uncertainties that may
cause actual results to differ materially. These forward-looking statements
speak only to the date hereof; Trudy Corporation disclaims any intent or
obligation to update these forward-looking statements.