The Sanctuary Of Culture Foundation
EIN: 461498354 · Atlanta, GA
| Metric | Value |
|---|---|
| Total Revenue | $482K |
| Total Expenses | $1.5M |
| Net Assets | $3.5M |
Is The Sanctuary Of Culture Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Sanctuary Of Culture Foundation
The Sanctuary Of Culture Foundation (EIN: 461498354) is a nonprofit organization based in Atlanta, GA. The organization reported total revenue of $482K and total assets of $5.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Sanctuary Of Culture Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Sanctuary Of Culture Foundation is a small nonprofit that has been operating for 80 years, with 8 years of IRS 990 filings on record (2015–2022). Revenue has grown at a compound annual rate of 24.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $583K |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-893,848 |
| Total Assets | $3.5M |
| Net Assets | $3.5M |
| Operating Margin | -153.3% |
| Months of Reserves | 28.2 months |
Financial Health Grade: B
In 2022, The Sanctuary Of Culture Foundation reported a deficit of $894K with expenses exceeding revenue, holds 28.2 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2015–2022), The Sanctuary Of Culture Foundation's revenue has grown at a compound annual growth rate (CAGR) of 24.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -10.2% | +23.7% | -20.5% |
| 2021 | -76.4% | -48.3% | -11.1% |
| 2020 | +89.0% | +13.7% | +9.8% |
| 2019 | -73.8% | +139.4% | -11.4% |
| 2018 | +1363.1% | +139.7% | +1384.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Sanctuary Of Culture Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Sanctuary Of Culture Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $894K, with expenses exceeding revenue.
Frequently Asked Questions about The Sanctuary Of Culture Foundation
Is The Sanctuary Of Culture Foundation a legitimate charity?
The Sanctuary Of Culture Foundation (EIN: 461498354) is a registered tax-exempt nonprofit based in Georgia. It has 8 years of IRS 990 filings on record. Total revenue: $482K. No red flags identified. Financial health grade: B.
How does The Sanctuary Of Culture Foundation spend its money?
The Sanctuary Of Culture Foundation reported $482K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Sanctuary Of Culture Foundation tax-deductible?
The Sanctuary Of Culture Foundation is registered as a tax-exempt nonprofit (EIN: 461498354). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Sanctuary Of Culture Foundation located?
The Sanctuary Of Culture Foundation is headquartered in Atlanta, Georgia and files with the IRS under EIN 461498354.
How many years of IRS 990 filings does The Sanctuary Of Culture Foundation have?
The Sanctuary Of Culture Foundation has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $482K in total revenue.
Filing History
IRS 990 filing history for The Sanctuary Of Culture Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2015–2022), The Sanctuary Of Culture Foundation's revenue has grown by 357.4%, moving from $127K to $583K. Total assets increased by 2578.2% over the same period, from $130K to $3.5M. Total functional expenses rose by 1498.7%, from $92K to $1.5M. In its most recent filing year (2022), The Sanctuary Of Culture Foundation reported a deficit of $894K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $583K | $1.5M | $3.5M | $0 | — | — |
| 2021 | $649K | $1.2M | $4.4M | $0 | — | View 990 |
| 2020 | $2.7M | $2.3M | $4.9M | $0 | — | — |
| 2019 | $1.5M | $2.0M | $4.5M | $0 | — | View 990 |
| 2018 | $5.6M | $849K | $5.1M | $0 | — | View 990 |
| 2017 | $380K | $354K | $340K | $0 | — | — |
| 2016 | $316K | $131K | $314K | $0 | — | View 990 |
| 2015 | $127K | $92K | $130K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $583K, expenses of $1.5M, and assets of $3.5M (revenue -10.2% year-over-year).
- 2021: Revenue of $649K, expenses of $1.2M, and assets of $4.4M (revenue -76.4% year-over-year).
- 2020: Revenue of $2.7M, expenses of $2.3M, and assets of $4.9M (revenue +89.0% year-over-year).
- 2019: Revenue of $1.5M, expenses of $2.0M, and assets of $4.5M (revenue -73.8% year-over-year).
- 2018: Revenue of $5.6M, expenses of $849K, and assets of $5.1M (revenue +1363.1% year-over-year).
- 2017: Revenue of $380K, expenses of $354K, and assets of $340K (revenue +20.5% year-over-year).
- 2016: Revenue of $316K, expenses of $131K, and assets of $314K (revenue +147.5% year-over-year).
- 2015: Revenue of $127K, expenses of $92K, and assets of $130K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Sanctuary Of Culture Foundation:
Data Sources and Methodology
This transparency report for The Sanctuary Of Culture Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.