Actors Training Center Inc

Analysis

Actors Training Center Inc is a registered charity in United States, based in Wilmette, IL. It received its IRS tax-exemption ruling in March 2019, 7 years ago. 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, Actors Training Center Inc reported income of $549k and spending of $491k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $380k to $549k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Actors Training Center Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within IL. Charities of a similar size with the same main cause include United Helpers Foundation ($549k), Jennings Manor Housing Corporation ($549k) and Shelter Providers of Northern California Inc ($548k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $80k (16% of expenses). Other salaries and wages came to $68k. At year end it held assets of $441k against liabilities of $121k, net assets of $320k. It reported 3 employees.