Atlanta Dogwood Festival Inc
Analysis
Atlanta Dogwood Festival Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in October 1988, 38 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 June 2024, Atlanta Dogwood Festival Inc reported income of $903k and spending of $977k, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2024, income grew from $4,597 to $903k (+19553%), an average of +481% a year. The sharpest change came in the year to June 2022, when income rose by 37461%. 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, Atlanta Dogwood Festival Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within GA. Charities of a similar size with the same main cause include Northwest Community Music Academy ($903k), Historic Palace Inc ($904k) and Waterbury Symphony Orchestra Inc ($903k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 37% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $134k (14% of expenses). It paid $60k in professional fundraising fees. At year end it held assets of $287k against liabilities of $0, net assets of $287k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 37%
- Program services 63%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Northwest Community Music Academy | Crystal Lake | $903k |
| Historic Palace Inc | Lockport | $904k |
| Waterbury Symphony Orchestra Inc | Waterbury | $903k |
| Sequim City Band | Sequim | $904k |