Dream Machine Tour

Analysis

Dream Machine Tour is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Dream Machine Tour reported income of $1.4m and spending of $1.4m, spending 93% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $199k to $1.4m (+628%), an average of +94% a year. The sharpest change came in the year to December 2021, when income rose by 897%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dream Machine Tour sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within GA. Charities of a similar size with the same main cause include Family Justice Center of Georgetown and Horry Counties ($1.4m), New Life Food Pantry Inc ($1.4m) and The Hearth Community Place ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $24k (1.8% of expenses). At year end it held assets of $238k against liabilities of $152k, net assets of $86k.