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Georgia · Nonprofit

Atlanta Festival Academy Inc

Atlanta Festival Academy Inc (Georgia) receives grants from 2 organizations whose IRS filings report $36,061 to it, the largest being CHEN-LIN EDUCATION CULTURE FOUNDATION INC ($36,000). 2 of them have funded it in more than one year.

Revenue FY2024
$168k
Funders on record
2
Grants received
$36k
Net assets
$114k
2/2 repeat funderspeak grant-dependency 22%
01What it does

What Atlanta Festival Academy Inc does

Mission

Our mission is to provide cultural education and exchange programs for young musicians and artists around the world through performances, lectures and competitions.

As stated on its FY2024 Form 990.

Program

  1. In 2025, our organization accomplished the following:- Hosted the 2025 AFA Summer Festival, providing intensive classical music training to pre-college string, wind, brass, and percussion students through the Chamber Music Seminar and Orchestra Intensive programs- Awarded need-based and merit-based scholarships totaling approximately $40,000 to eligible Summer Festival and Virtuosi participants- Held inaugural AFA Young Artist Competition, attracting 90+ applicants from 17 states and 6 countries. The live semi-final and final rounds took place in Johns Creek with 25 young musicians from all over the U.S, Hong Kong, and the U.K.- Continued the Atlanta Festival Virtuosi (AFV) year-round youth orchestra program for elite students ages 1318- Delivered masterclasses, coachings, and in-school programming to approximately 250 students through AFA's outreach initiatives- Reached a cumulative total of over 500 student participants in AFA programs since the organization's founding in 2019

    $112,001 spent$53,219 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $112,001.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($156k) Expenses 100 ($147k) Net assets 100 ($9k)2020 Revenue 14 ($21k) Expenses 14 ($20k) Net assets 61 ($5k)2021 Revenue 87 ($135k) Expenses 64 ($95k) Net assets 516 ($46k)2022 Revenue 126 ($196k) Expenses 120 ($177k) Net assets 734 ($65k)2023 Revenue 138 ($215k) Expenses 106 ($155k) Net assets 1408 ($125k)2024 Revenue 108 ($168k) Expenses 122 ($179k) Net assets 1281 ($114k)
201920202021202220232024
Revenue (108)Expenses (122)Net assets (1281)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $9k to $87k (+881%).

$9k
$87k
$129k
$146k
$202k
$190k
201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

18% of Atlanta Festival Academy Inc’s revenue is contributions — more earned-revenue than three-quarters of its peers (83% for the typical peer).

This organization
Typical peer · 6,387 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 6 reported years ran a deficit.

$9k
’19
$1k
’20
$40k
’21
$19k
’22
$60k
’23
−$11k
’24
13
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

20232024
Listed65
Joined·+0
No longer listed·1
03Who funds it

Who funds it, year by year

2021 → 2023: the base broadened from 1 funder to 2 funders, grant income fell $30k → $5k.

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Atlanta Festival Academy Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Atlanta Festival Academy Inc leans on a few funders — its largest provides 100% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2021 100% · 2022 98% · 2023 99% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of Atlanta Festival Academy Inc's grant income comes from Georgia funders.

GA

In-state vs out-of-state, by year

’21
’22
’23
Georgia out of state home

Funder states come from each funder’s own filing. $61 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Atlanta Festival Academy Inc holds deeper cash reserves than three-quarters of the 5,688 youth development nonprofits its size.

Operating margin−7% · bottom quartile
Months of reserve12.8mo · top quartile
Revenue growth (annualized)1% · bottom quartile

this organization peer median middle 50% of peers· 5,688 youth development nonprofits $100k–$1M, FY2024

Organizations like Atlanta Festival Academy Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Georgia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

97% of spending goes to programs.

Program 97%Management 3%Fundraising 0%

Governance

5
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

88%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

GA

Screen this organization

A dated, signed PDF of the compliance screen for Atlanta Festival Academy Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Atlanta Festival Academy Inc?
Atlanta Festival Academy Inc (Georgia) receives grants from 2 organizations whose IRS filings report $36,061 to it, the largest being CHEN-LIN EDUCATION CULTURE FOUNDATION INC ($36,000). 2 of them have funded it in more than one year.
How many funders does Atlanta Festival Academy Inc have?
IRS filings report 2 organizations giving $36,061 in grants to Atlanta Festival Academy Inc, 2 of which have funded it in more than one year.
Who is the largest funder of Atlanta Festival Academy Inc?
CHEN-LIN EDUCATION CULTURE FOUNDATION INC is the largest funder on record, with $36,000 in grants. The full list of funders is on this page.
How can an organization like Atlanta Festival Academy Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Georgia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Atlanta Festival Academy →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing