Decatur Arts Alliance Inc

Analysis

Decatur Arts Alliance Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in December 1989, 37 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 December 2023, Decatur Arts Alliance Inc reported income of $408k and spending of $451k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $346k to $408k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2021, when income rose by 136%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Decatur Arts Alliance Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within GA. Charities of a similar size with the same main cause include Corrim Consortium for Research on Renewable Industrial Materials ($408k), Women and Family Life Center of Guilford Incorporated ($408k) and Annisquam Association Inc ($408k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $67k (15% of expenses). Other salaries and wages came to $27k. At year end it held assets of $118k against liabilities of $1,291, net assets of $116k. It reported 2 employees.