Atlanta Dance Theatre Inc

Analysis

Atlanta Dance Theatre Inc is a registered charity in United States, based in Roswell, GA. It received its IRS tax-exemption ruling in January 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 April 2023, Atlanta Dance Theatre Inc reported income of $244k and spending of $300k, spending 123% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income grew from $194k to $244k (+26%), an average of +5.9% a year. The sharpest change came in the year to April 2022, when income rose by 25%. Over the whole period it spent 115% 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 Dance Theatre Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within GA. Charities of a similar size with the same main cause include Friends of Jimmy Carter National Historic Site ($244k), Chester County Bar Foundation ($244k) and Potomac Valley Youth Orchestras Company ($244k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $73k (24% of expenses). At year end it held assets of $142k against liabilities of $284k, net assets of -$142k.

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.