The American Spanish Dance Theatre Inc

Analysis

The American Spanish Dance Theatre Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1996, 30 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, The American Spanish Dance Theatre Inc reported income of $105k and spending of $105k, spending 100% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $86k to $105k (+23%), an average of +23% a year. The sharpest change came in the year to July 2024, when income rose by 23%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The American Spanish Dance Theatre Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Old Field Farms Ltd ($105k), Potomac Playmakers ($105k) and Polish American Historic Site Association Inc ($105k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 39% and program service revenue 61% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.