Isadora Duncan Foundation for Contemporary Dance Inc

Analysis

Isadora Duncan Foundation for Contemporary Dance Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1980, 46 years ago. 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 December 2023, Isadora Duncan Foundation for Contemporary Dance Inc reported income of $184k and spending of $198k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $95k to $184k (+93%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 105%. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Isadora Duncan Foundation for Contemporary Dance Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Strack and Van Til Charity Foundation Inc ($184k), Bharat Sevashram Sangha of North America ($184k) and United Way Foundation of the Capital Region ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $15k (7.4% of expenses). At year end it held assets of $700k against liabilities of $111k, net assets of $589k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.