Act 2 Inc is a 501(c)(3) organization based in Aberdeen, South Dakota, registered in 2014, with $1,018,791 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$1.0M
▲ 59.8% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$693K
Net assets
$2.8M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Act 2 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Act 2 Inc: 49 mo reserves · +32% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Act 2 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Act 2 Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $673K (FY2014) to $1.0M (FY2023) across 9 reported years.
Financial snapshot
Operating margin
32.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.2M
Total liabilities
$395K
Net assets
$2.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,018,791▲59.8% | $692,649▲14.6% | $2,806,238▲13.1% | $3,201,124▲17.1% | 990 |
| 2022 | $637,645▼26.2% | $604,480▲11.3% | $2,481,124▼3.3% | $2,734,045▼0.6% | 990 |
| 2020 | $864,069▲53.9% | $543,289▲25.8% | $2,566,073▲9.7% | $2,751,827▲9.8% | 990 |
| 2019 | $561,484▼13.6% | $431,857▼31.0% | $2,338,184▲5.9% | $2,507,263▲5.3% | 990 |
| 2018 | $649,932▲22.1% | $626,254▲3.7% | $2,208,557▲1.1% | $2,381,514▼1.1% | 990 |
| 2017 | $532,165▼14.9% | $604,178▲7.0% | $2,185,125▼3.2% | $2,408,193▼5.4% | 990 |
| 2016 | $625,641▼0.2% | $564,767▼13.1% | $2,257,138▲2.5% | $2,545,361▼0.6% | 990 |
| 2015 | $626,922▼6.8% | $649,863▲2.5% | $2,201,347▲0.2% | $2,559,529▲0.6% | 990 |
| 2014 | $672,731 | $634,152 | $2,197,766 | $2,543,966 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
5 grants to Act 2 Inc totaling $141K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| South Dakota Community Foundation | Community welfare and betterment | 2024 | $85,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $7,181 |
| Charities Aid Foundation America | Charitable donation | 2023 | $5,910 |
| Charities Aid Foundation America | Charitable donation | 2022 | $5,060 |
| South Dakota Community Foundation | Community welfare and betterment | 2021 | $38,000 |
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Data for Act 2 Inc (EIN 46-0356747) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.