The Atlantic Institute Inc
- Assets
- $5.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 7
- Location
- Alpharetta, GA
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 46-1605287
Organization Overview
The Atlantic Institute Inc is located in Alpharetta, GA. The organization was established in 2014. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Atlantic Institute Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Atlantic Institute Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Atlantic Institute Inc generated $24.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (30.9%) each year. All expenses for the organization totaled $22.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (31.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
DIALOGUE PROGRAMS CREATES OPPORTUNITIES FOR DIALOGUE AND COLLABORATIVE ACTION THAT WILL RESULT IN FRIENDSHIPS AND EMPATHY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Umit Gunebir Executive Director | 40 | $15,762 | |
Aisha Gonen Secretary | 2 | $0 | |
Ramin Ahmadoglu President | 2 | $0 | |
Melek Cetinkaya Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,503 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $24,503 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,916 |
| Professional fees and other payments to independent contractors | $2,814 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $483 |
| Total expenses | $22,213 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,052 |
| Other assets | $0 |
| Total assets | $5,052 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,052 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Atlantic Institute Inc has recieved totaling $5,907.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,907 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
South Arts Inc Atlanta, GA | $7,711,292 | $5,611,811 |
Central Florida Community Arts Inc Orlando, FL | $1,775,519 | $1,587,078 |
Acorn Center For Restoration And Freedom Inc Covington, GA | $134,681 | $1,087,049 |
South Fulton Institute Inc Atlanta, GA | $1,909,108 | $891,815 |
Destination Cleveland County Inc Shelby, NC | $7,052,846 | $848,896 |
Jeniam Ii Foundation Memphis, TN | $1,092,809 | $484,239 |
Friends Of The Hunley Inc North Charleston, SC | $1,463,625 | $893,536 |
Cool Spring Downtown District Inc Fayetteville, NC | $404,618 | $773,790 |
Creativets Nashville, TN | $484,880 | $860,430 |
The Arts Council Of Moore County Inc Southern Pines, NC | $756,104 | $891,925 |
International Entertainment Buyers Association Nashvile, TN | $1,235,911 | $821,103 |
St Petersburg Warehouse Arts District Inc Saint Petersburg, FL | $4,246,537 | $1,210,830 |