Atlanta Hall Management Inc

Analysis

Atlanta Hall Management Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in October 2011, 15 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Atlanta Hall Management Inc reported income of $29.7m and spending of $10.0m, leaving 66% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income grew from $7.7m to $29.7m (+287%), an average of +40% a year. The sharpest change came in the year to March 2022, when income rose by 217%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Atlanta Hall Management Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within GA. Charities of a similar size with the same main cause include Portland Art Museum ($29.7m), Washington Drama Society Inc ($29.8m) and Remember the Alamo Foundation ($29.7m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 81% and program service revenue 9.1% of the total. Compensation of current officers, directors and key employees was $882k (8.8% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $61.1m against liabilities of $9.0m, net assets of $52.2m. It reported 91 employees.