New England Dance Theater Inc

Analysis

New England Dance Theater Inc is a registered charity in United States, based in New Canaan, CT. It received its IRS tax-exemption ruling in February 1992, 34 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 2024, New England Dance Theater Inc reported income of $104k and spending of $102k, spending 99% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $145k to $104k (-29%), an average of -29% a year. The sharpest change came in the year to June 2024, when income dropped by 29%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New England Dance Theater Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within CT. Charities of a similar size with the same main cause include Metropolitan Ballet Inc ($104k), Pat Lindley Performing Arts Center Inc ($104k) and Spellbound Theatre Inc ($104k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 55% of the total. At year end it held assets of $180k against liabilities of $29k, net assets of $152k.