Drama and Arts Preschool Inc

Analysis

Drama and Arts Preschool Inc is a registered charity in United States, based in Fayetteville, GA. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Drama and Arts Preschool Inc reported income of $197k and spending of $180k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $297k to $197k (-34%), an average of -9.8% a year. The sharpest change came in the year to December 2023, when income dropped by 63%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Drama and Arts Preschool Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within GA. Charities of a similar size with the same main cause include Catholic Business Network of Montgomery County Scholarship ($197k), Nmpa Supporting Our Next Generation of Songwriters Songs Foundation ($197k) and West Salem Band Boosters ($197k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $50k (28% of expenses). Other salaries and wages came to $45k. At year end it held assets of $959k against liabilities of $942k, net assets of $17k. It reported 4 employees.