Stuart Pimsler Dance & Theater Inc

Analysis

Stuart Pimsler Dance & Theater Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in June 1982, 44 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Stuart Pimsler Dance & Theater Inc reported income of $136k and spending of $151k, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $255k to $136k (-47%), an average of -15% a year. The sharpest change came in the year to June 2021, when income dropped by 64%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stuart Pimsler Dance & Theater Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within MN. Charities of a similar size with the same main cause include Smithfield Selma Band Backers Inc ($135k), None Too Fragile Inc ($136k) and Carousel at Pottstown Inc ($135k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 5.9% of the total. Compensation of current officers, directors and key employees was $48k (32% of expenses). Other salaries and wages came to $25k. At year end it held assets of $432k against liabilities of $21k, net assets of $411k. It reported 3 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.