American Center EIN 47-4245571 Form 990 (PDF) Claim this org

American Center

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Empowers Americans to demand better government results through increased voter enthusiasm and engagement. For fiscal year 2024 it reported $73K in revenue, $278K in expenses, and $647K in net assets.Pt I

Type
Unknown exempt organization · Nonprofit
Location
Washington, DC
Website
theamericancenter.com
Filings
4 on file (2020–2024)
Revenue
$73KFY2024
Expenses
$278K
Net assets
$647K
People
3
Filings
4
Updates
0
More identity details & actions ⌄
EIN  47-4245571 Unknown exempt organization Washington, DC
Form 990 (PDF)
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Size
<$100K
What they do
Empowers Americans to demand better government results through increased voter enthusiasm and engagement.
Leadership
David Walters · Director, President
Money in and out
$73K revenue, $278K expenses
Bottom line
-279% surplus margin
Reported financial activity · FY2024
Total revenue
$73K
Pt VIII · Ln 12
Total expenses
$278K
Pt IX · Ln 25
Net assets
$647K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$204K
Where spending went · Part IX cols B–D
Program services $0.55 Management & general $0.38 Fundraising $0.07
Surplus margin
-279%
revenue over expenses, this year▲ +48% vs prior filing year
Program spending
55%
of expenses reach programs▲ +17% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$73K
FY2024▲ +54%
Expenses
$278K
FY2024▼ -8%
Total assets
$647K
FY2024▼ -24%
Total liabilities
$0
FY2024
Total revenue
$73K
Pt VIII · Ln 12
Total expenses
$278K
Pt IX · Ln 25
Net assets
$647K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$204K
Total assetsPt X · Ln 16$647K
Program-expense ratioPt IX · col B55%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAmerican Center
EINHdr · item D47-4245571
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jtheamericancenter.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director, President
$0Pt VII · Sec A
Director, Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $153K of program spending, described in the organization's own filed words · FY2024.
01

American center continued its effort to create regular communication channels around a variety of issues designed to build civic awareness and engagement. Research was conducted to better understand how citizens might think about critical issues and motivations as well.

$153Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$73K
Total revenueLn 12$73K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.55 Management & general $0.38 Fundraising $0.07
Program services55%$153K
Management & general38%$105K
Fundraising7%$19K
Total functional expensesLn 25$278K

Balance Sheet

Part X · end of year
CashLn 1$647K
Total assetsLn 16$647K
Total liabilitiesLn 26$0
Total net assetsLn 32$647K
Months of cash on handcomputed27.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $647K · Operating expenses/yr $278K
27.9 months
Where the money goes
Program services
Program services $153K · Total expenses $278K
55%
Management & General
Management & general $105K · Total expenses $278K
38%
Fundraising
Fundraising $19K · Total expenses $278K
7%
Cost to raise $1
Fundraising expense (3-yr avg) $22K · Solicited contributions (3-yr avg) $8.9M
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $73K · Total revenue $73K
100%
Government reliance
Government grants — · Total revenue $73K
Earned-income share
Program service revenue $0 · Total revenue $73K
0%
Investment reliance
Investment income $0 · Total revenue $73K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $278K
0%
Growth & trend
Revenue growth (YoY)
This year $73K · Prior year $48K
+54%
Revenue CAGR
FY2020 $3.6M · FY2024 $73K
-62%
Net-asset trend (YoY)
End of year $647K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $73K · Expenses $278K
-279%
Liabilities-to-Assets
Total liabilities — · Total assets $647K
Net-asset ratio
Net assets $647K · Total assets $647K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $647K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual David Walters · Reported title DIRECTOR, PRESIDENT · Highest reported compensation $0 · Total expenses $278K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $278K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 55%
Overhead ratio 38%
Fundraising cost ratio 26%
Revenue growth 54%
Legal fee ratio 2%
Accounting fee ratio 0.7%
Fundraising fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$300K
Grants paid · 19 grants · $28.1M · 2020–2024
American Center FoundationDC · FY2024$80,000
FairnessAR · FY2024$10,000
American Center FoundationDC · FY2023$75,000
Oklahoma Prosperity FundFY2023$20,000
Oklahoma Forward INCOK · FY2023$9,000
Oklahoma Forward INCOK · FY2022$26,260,000
For West Virginia's Future INCWV · FY2022$316,821
American Center FoundationDC · FY2022$25,000
Independent AlaskaFY2020$750,000
Oklahoma Forward INCOK · FY2020$149,375
First Alaskans InstituteAK · FY2020$100,000
Native Peoples Action INCAK · FY2020$75,000
Oklahomans for Better RepresentationFY2020$72,000
The Alaska CenterAK · FY2020$50,000
American Center FoundationDC · FY2020$25,000
See all 19 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$73K revenue · viewing · ⤓ 990 PDF
FY2023$48K revenue · ⤓ 990 PDF
FY2022$26.6M revenue · ⤓ 990 PDF
FY2021not on file
FY2020$3.6M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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