Threshold Dance Projects Inc

Analysis

Threshold Dance Projects Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 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 (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, Threshold Dance Projects Inc reported income of $243k and spending of $267k, spending 110% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income grew from $215k to $243k (+13%), an average of +4.3% a year. The sharpest change came in the year to June 2020, when income rose by 44%. 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, Threshold Dance Projects Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Focus Press Inc ($243k), Kansas City Artists Coalition ($243k) and Four Seasons Theatre Company ($243k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 8.0% of the total. Compensation of current officers, directors and key employees was $34k (13% of expenses). Other salaries and wages came to $62k. At year end it held assets of $90k against liabilities of $47k, net assets of $44k. It reported 29 employees.