African Diasporic Art Museum of Atlanta Inc

Analysis

African Diasporic Art Museum of Atlanta Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, African Diasporic Art Museum of Atlanta Inc reported income of $161k and spending of $190k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $145k to $161k (+10%), an average of +10% a year. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, African Diasporic Art Museum of Atlanta 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 49th percentile, and in the 52nd percentile within GA. Charities of a similar size with the same main cause include Gemini Theater Company ($161k), Back Bay Wildfowl Guild Inc ($161k) and New Canaan Chamber Music Inc ($161k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $124k against liabilities of $50k, net assets of $74k.