Synchronicity Performance Group EIN 58-2352047

Synchronicity Performance Group FY2024 filing

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Creates bold theatre to connect communities and uplift women's and girls' voices. For fiscal year 2024 it reported $1.1M in revenue, $1.2M in expenses, and $83K in net assets.Pt I

Founded
1997
Type
Public charity (501(c)(3)) · Arts & Culture
Location
Atlanta, GA
Filings
5 on file (2020–2024)
Revenue
$1.1MFY2024
Expenses
$1.2M
Net assets
$83K
People
16
Filings
5
Updates
0
More identity details & actions ⌄
EIN  58-2352047 Public charity (501(c)(3)) Atlanta, GA Founded 1997
Form 990 (PDF)
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Size
$1–10M
What they do
Creates bold theatre to connect communities and uplift women's and girls' voices.
Leadership
Rachel May · Producing Artistic Director · $61K
Money in and out
$1.1M revenue, $1.2M expenses
Bottom line
77% program efficiency
Where the money goes · FY2024
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$83K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$161K
Where spending went · Part IX cols B–D
Program services $0.77 Management & general $0.15 Fundraising $0.08
Program efficiency
77%
of spending reaches programs
Operating runway
1.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
-15%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.1M
FY2024▲ +6%
Expenses
$1.2M
FY2024▲ +16%
Total assets
$488K
FY2024▼ -37%
Total liabilities
$405K
FY2024▼ -25%
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$83K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$161K
Total assetsPt X · Ln 16$488K
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 415
Mission & Programs · Part III

Where the work happens

1 program service account for $950K of program spending, described in the organization's own filed words · FY2023.
01

Each year, the organization produces 3-4 productions that run for approximately 4 weeks each. We also present our playmaking for girls program in detention centers and group homes througout the season. Each summer, we present camps for children through our playmaking for kids program.

$950Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSynchronicity Performance Group
EINHdr · item D58-2352047
Principal addressHdr · item CAtlanta, GA
WebsiteHdr · item Jnone reported
Year of formationHdr · item L1997
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A65)
Ruling yearIRS BMFAug 2000

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b15
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Producing Artistic Director
$61,330Pt VII · Sec A
Managing Director
$58,978Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Rachel May’s $64K as Producing Artistic Directo is at the 9th percentile of top reported officer pay among 3916 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2024FY2023FY2021FY2020
Rachel May$63,853$61,330
Celise Kalke$61,910$58,978$55,948
Rachel May$53,087$53,087
Celise Kalke$51,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$711K · 67%
Program service revenue$222K · 21%
Investment income$99K · 9%
Other revenue$35K · 3%
Contributions & grants67%$711K
Program service revenue21%$222K
Investment income9%$99K
Other revenue3%$35K
— government grantsLn 1e$121K
Total revenueLn 12$1.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.15 Fundraising $0.08
Program services77%$950K
Management & general15%$178K
Fundraising8%$99K
Total functional expensesLn 25$1.2M

Balance Sheet

Part X · end of year
CashLn 1$152K
Total assetsLn 16$488K
Total liabilitiesLn 26$405K
Total net assetsLn 32$83K
Months of cash on handcomputed1.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $152K · Operating expenses (Pt IX) $1.2M · Less non-cash grants $106K · Cash operating expenses/yr $1.1M
1.6 months
Where the money goes
Program services
Program services $950K · Total expenses $1.2M
77%
Management & General
Management & general $178K · Total expenses $1.2M
15%
Fundraising
Fundraising $99K · Total expenses $1.2M
8%
Cost to raise $1
Fundraising expense (3-yr avg) $69K · Solicited contributions (3-yr avg) $568K
$0.12 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $711K · Total revenue $1.1M
67%
Government reliance
Government grants $121K · Total revenue $1.1M
11%
Earned-income share
Program service revenue $222K · Total revenue $1.1M
21%
Investment reliance
Investment income $99K · Total revenue $1.1M
+9%
Program self-sufficiency
Program service revenue $222K · Total expenses $1.2M
18%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year $1.0M
+6%
Revenue CAGR
FY2019 $845K · FY2023 $1.1M
+6%
Net-asset trend (YoY)
End of year $83K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $1.2M
-15%
Liabilities-to-Assets
Total liabilities — · Total assets $488K
Net-asset ratio
Net assets $83K · Total assets $488K
17%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $488K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Rachel May · Reported title PRODUCING ARTISTIC DIRECTOR · Highest reported compensation $61K · Total expenses $1.2M
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $782K · Total expenses $1.2M
64%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 77%
Overhead ratio 15%
Fundraising cost ratio 14%
Revenue growth 6%
Accounting 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 · funders on record
Grants received · FY2024
See all 6 funders →

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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$1.1M revenue · viewing · ⤓ 990 PDF
FY2023$1.0M revenue · ⤓ 990 PDF
FY2022$979K revenue · ⤓ 990 PDF
FY2021$674K revenue · ⤓ 990 PDF
FY2020$845K 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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