The Atlas Society Ltd

Analysis

The Atlas Society Ltd is a registered charity in United States, based in Lodi, CA. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Atlas Society Ltd reported income of $3.0m and spending of $2.6m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $3.0m (+134%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 40%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Atlas Society Ltd sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Caring Communities for AIDS ($3.0m), Childrens Museum of Rock County Inc ($3.0m) and The American Visionary Art Museum Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $324k (13% of expenses). Other salaries and wages came to $166k. At year end it held assets of $884k against liabilities of $61k, net assets of $824k. It reported 3 employees.