Dare to Dream Theatre Inc

Analysis

Dare to Dream Theatre Inc is a registered charity in United States, based in Sheboygan, WI. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Dare to Dream Theatre Inc reported income of $129k and spending of $121k, spending 94% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $101k to $129k (+27%), an average of +28% a year. The sharpest change came in the year to July 2024, when income rose by 27%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dare to Dream Theatre Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within WI. Charities of a similar size with the same main cause include Winter Film Awards Inc ($129k), General John a Logan Museum ($129k) and Union Colony Childrens Music Academy ($129k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 51% and program service revenue 48% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.