Garth Fagan Dance Incorporated

Analysis

Garth Fagan Dance Incorporated is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in April 1974, 52 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, Garth Fagan Dance Incorporated reported income of $1.5m and spending of $1.1m, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2024, income grew from $975k to $1.5m (+53%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 153%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Garth Fagan Dance Incorporated sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Amazement Square ($1.5m), River Raisin National Battlefield Park Foundation Inc ($1.5m) and Adirondack Explorer Inc ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% and program service revenue 13% of the total. Other salaries and wages came to $662k. At year end it held assets of $946k against liabilities of $212k, net assets of $734k. It reported 18 employees.