American Topical Association Inc

Analysis

American Topical Association Inc is a registered charity in United States, based in Greer, SC. It received its IRS tax-exemption ruling in November 1981, 45 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 December 2022, American Topical Association Inc reported income of $179k and spending of $132k, leaving 26% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income fell from $222k to $179k (-19%), an average of -10% a year. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Topical Association Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 56th percentile within SC. Charities of a similar size with the same main cause include Texas Music Theatre Company ($179k), National Society of the Colonial Dames of America in the State of ($179k) and Arts Mentorship Program Inc ($179k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 40% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $48k (36% of expenses). At year end it held assets of $289k against liabilities of $0, net assets of $289k. It reported 1 employees.