In 2007, Tallarico's charitable works were recognized by the Hollywood Arts Organization when they chose him as the first honoree and recipient of their Dream Award. In 2012, Tallarico received G.A.N.G.’s Lifetime Achievement Award. G.A.N.G. president, Paul Lipson, said that he "has literally helped hundreds of people get into the video game industry and realize their dreams. There has never been a more deserving person for this award." In 2013, he gave a TED Talk entitled "Video Games – Art in Disguise."