American Council of Trustees and Alumni

Analysis

American Council of Trustees and Alumni is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1994, 32 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, American Council of Trustees and Alumni reported income of $4.5m and spending of $5.4m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.4m to $4.5m (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2020, when income rose by 15%. Over the whole period it spent 105% 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 Council of Trustees and Alumni sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 79th percentile within DC. Charities of a similar size with the same main cause include Strategic Air Command & Aerospace Museum ($4.5m), Poets & Writers Inc ($4.5m) and Chicago Police Memorial Foundation ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $625k (12% of expenses). At year end it held assets of $5.6m against liabilities of $241k, net assets of $5.4m. It reported 33 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.