Angkor Dance Troupe Inc

Analysis

Angkor Dance Troupe Inc is a registered charity in United States, based in Lowell, MA. It received its IRS tax-exemption ruling in December 1990, 36 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, Angkor Dance Troupe Inc reported income of $233k and spending of $293k, spending 126% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $415k to $233k (-44%), an average of -44% a year. The sharpest change came in the year to June 2023, when income dropped by 44%. Over the whole period it spent 62% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Angkor Dance Troupe Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Change the Tune Inc ($233k), East County Youth Symphony ($233k) and Historic St Marys City Foundation Inc ($233k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 8.2% of the total. Compensation of current officers, directors and key employees was $70k (24% of expenses). Other salaries and wages came to $134k. At year end it held assets of $383k against liabilities of $4,259, net assets of $379k. It reported 26 employees.