Atlanta Master Chorale Inc

Analysis

Atlanta Master Chorale Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 2002, 24 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 July 2023, Atlanta Master Chorale Inc reported income of $301k and spending of $308k, spending 102% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $276k to $301k (+9.4%), an average of +2.3% a year. Over the whole period it spent 87% 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 Master Chorale Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within GA. Charities of a similar size with the same main cause include Casa Dei Medici ($301k), Dallas Ballet Company ($301k) and Artvan ($301k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 54% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $96k (31% of expenses). Other salaries and wages came to $65k. At year end it held assets of $334k against liabilities of $1,211, net assets of $333k. It reported 2 employees.