Paul Taylor Dance Foundation Inc

Analysis

Paul Taylor Dance Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1983, 43 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 June 2023, Paul Taylor Dance Foundation Inc reported income of $5.8m and spending of $9.6m, spending 167% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $9.3m to $5.8m (-38%), an average of -11% a year. The sharpest change came in the year to June 2020, when income dropped by 32%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Paul Taylor Dance Foundation Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Milwaukee Symphony Orchestra Foundation ($5.8m), NXTHVN Inc ($5.8m) and Des Moines Metro Opera Inc ($5.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $598k (6.2% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $10.1m against liabilities of $615k, net assets of $9.5m. It reported 105 employees.