Atlanta Preservation Center Inc 401

Analysis

Atlanta Preservation Center Inc 401 is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in March 1980, 46 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 June 2023, Atlanta Preservation Center Inc 401 reported income of $493k and spending of $351k, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $231k to $493k (+113%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 330%. Over the whole period it spent 99% 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 Preservation Center Inc 401 sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within GA. Charities of a similar size with the same main cause include A V a Ballet Theatre ($493k), Augusta Ferry Authority Inc ($493k) and Embody Dance Organization Inc ($492k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 5.9% of the total. Compensation of current officers, directors and key employees was $140k (40% of expenses). Other salaries and wages came to $36k. At year end it held assets of $1.5m against liabilities of $3,305, net assets of $1.5m. It reported 2 employees.