Altoona Renaissance Team Inc

Analysis

Altoona Renaissance Team Inc is a registered charity in United States, based in Altoona, PA. It received its IRS tax-exemption ruling in July 2017, 9 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 December 2023, Altoona Renaissance Team Inc reported income of $106k and spending of $169k, spending 160% of what it took in. The sharpest change came in the year to December 2021, when income dropped by 85%. Over the whole period it spent 57% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Altoona Renaissance Team Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within PA. Charities of a similar size with the same main cause include Village Players ($106k), Deep Arts Inc ($106k) and American Conservation Film Festival Inc ($106k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $56k. At year end it held assets of $882k against liabilities of $1,936, net assets of $880k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.