Synchronicity Performance Group

Analysis

Synchronicity Performance Group is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in August 2000, 26 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, Synchronicity Performance Group reported income of $1.0m and spending of $1.1m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $829k to $1.0m (+22%), an average of +5.0% a year. The sharpest change came in the year to June 2022, when income rose by 45%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Synchronicity Performance Group sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within GA. Charities of a similar size with the same main cause include Vision Sciences Society Inc ($1.0m), Newport Beach Independent International Film Festival ($1.0m) and Amplifier Foundation ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $56k (5.3% of expenses). Other salaries and wages came to $594k. At year end it held assets of $781k against liabilities of $537k, net assets of $244k. It reported 11 employees.