Atlantic Society For The Study Of Culture

The information for Atlantic Society For The Study Of Culture is as of the organization's most recent filing in December '21. This organization is located in Nunnelly, TN. It has been in existence for 2 years, following its founding in 2019.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Atlantic Society For The Study Of Culture's NTEE code is X99. The "X" tells us that the organization is classified as Religion-Related. The "99" tells us that the organization falls under the category of Religion-Related N.E.C. The NTEE describes Religion-Related N.E.C. as organizations that provide services relating to religion where a more specific code cannot be accurately assigned, including various belief systems such as Unitarianism, Taoism, Sikhs, Zoroastrism, Atheism, Actualism, Theosophy, Bahaism, and reference to miracles.

Every organization is also governed by a specific section of the Internal Revenue Code. This organization is classified under section 3, which encompasses Religious, Educational, Charitable, Scientific, Literary, Testing for Public Safety, to Foster National or International Amateur Sports Competition, or Prevention of Cruelty to Children or Animals Organizations.

Perhaps the most accurate way to understand the organization's goals is by examining its mission. The Atlantic Society exists to study cultural history and history-changing cultural trends. The organization serves the public by publishing informative, useful, and culture-changing educational commentary through internet media outlets.

Program Areas

Program Area 1: Despite the challenges posed by lockdown barriers, the organization utilized the power of the internet to deliver over 100 practical and informative video posts and newsletters on topics such as urban renewal, social responsibility, economic resourcefulness, and creative community leadership. This content was well-received, with over 90,000 views and accesses. Within the general fund, the organization reports all revenues, support, and functional expenses that are not specifically reported by another fund or program.

Program Area 2: The organization faced challenges in 2021 as social distancing orders hindered attendance of lecture hall lectures and all travel was cancelled. However, they were able to utilize the time to research, plan, and organize events for 2022. In addition, they facilitated access to other internet lectures for scholars and students.

Organization Staffing

The Atlantic Society For The Study Of Culture is run by Geoffrey Botkin, who serves as the President of the organization. The organization does not have any employees and therefore, no one is paid over $100k per year. However, the organization is supported by a small team of 3 dedicated volunteers.

Board Governance

The Atlantic Society For The Study Of Culture appears to be well-governed based on the provided information. The organization has a small board of three voting members, all of whom are independent. This ensures that decisions made by the board are not influenced by personal interests or conflicts of interest. Additionally, the fact that potential conflicts of interest do not exist further reinforces the organization's commitment to transparency and ethical practices. The organization also demonstrates good governance by documenting both board meetings and committee meetings. This practice allows for transparency and accountability, ensuring that decisions and actions taken by the board and committees are well-documented and can be reviewed if necessary. While the organization does not have specific policies in place for conflict of interest, whistleblower protection, document retention, or substantiating and reviewing leadership and officer salaries, the fact that board members receive copies of the 990 form prior to filing indicates a commitment to financial transparency and accountability. Overall, the Atlantic Society For The Study Of Culture appears to have a solid governance structure in place, with a focus on transparency and accountability. However, the organization could benefit from implementing additional policies to further strengthen its governance practices.

Organization Growth

The Atlantic Society For The Study Of Culture has not experienced growth over the given time period. Both the contributions and grants received as well as the total revenue decreased from $263.6K in 2019 to $340 in 2021. The total expenses, although not meaningful over this time period, increased from $0 in 2019 to $225 in 2021. Additionally, the total number of volunteers remained the same at 3 in both 2019 and 2021. Therefore, it can be concluded that the nonprofit organization did not grow during this time period.