Act 2 Inc

Analysis

Act 2 Inc is a registered charity in United States, based in Aberdeen, SD. It received its IRS tax-exemption ruling in August 2014, 12 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 November 2023, Act 2 Inc reported income of $638k and spending of $604k, spending 95% of its income. Across the 4 years on record, from November 2019 to November 2023, income fell from $650k to $638k (-1.9%), an average of -0.6% a year. The sharpest change came in the year to November 2021, when income rose by 54%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Act 2 Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within SD. Charities of a similar size with the same main cause include Longmont Symphony Society Inc ($638k), Arlekin Players Theatre ($638k) and The Center for Contemporary Art ($637k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 43% and program service revenue 45% of the total. Other salaries and wages came to $154k. At year end it held assets of $2.7m against liabilities of $253k, net assets of $2.5m. It reported 7 employees.