Philadelphia Dance Theatre Inc

Analysis

Philadelphia Dance Theatre Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 2021, 5 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 December 2023, Philadelphia Dance Theatre Inc reported income of $467k and spending of $453k, spending 97% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $294k to $467k (+59%), an average of +9.7% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Philadelphia Dance Theatre Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include Real News Project Inc ($467k), Shrewsbury Media Connection Inc ($467k) and Childrens Legacy Theater Inc ($467k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $71k (16% of expenses). Other salaries and wages came to $46k. At year end it held assets of $60k against liabilities of $10k, net assets of $50k. It reported 3 employees.