Transatlantic Leadership Network

Analysis

Transatlantic Leadership Network is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover social science, 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 2024, Transatlantic Leadership Network reported income of $313k and spending of $326k, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $436k to $313k (-28%), an average of -8.0% a year. The sharpest change came in the year to June 2023, when income rose by 191%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Transatlantic Leadership Network sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 36th percentile within DC. Charities of a similar size with the same main cause include Overture Band Programs Inc ($313k), Mtvarts Inc ($313k) and The Rose Island Lighthouse Foundation Inc ($313k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $132k (40% of expenses). Other salaries and wages came to $22k. At year end it held assets of $1,280 against liabilities of $25k, net assets of -$24k.

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.