Alpha Omega 1-7 Theatrical Dance

Analysis

Alpha Omega 1-7 Theatrical Dance is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1976, 50 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 September 2023, Alpha Omega 1-7 Theatrical Dance reported income of $159k and spending of $160k, spending 101% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $200k to $159k (-20%), an average of -20% a year. The sharpest change came in the year to September 2023, when income dropped by 20%. 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, Alpha Omega 1-7 Theatrical Dance sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include National Steeplechase Museum Inc ($159k), Leesburg Art Festival Inc ($160k) and Alliance Francaise de LA Riviera Californienne Inc ($159k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. At year end it held assets of $126k against liabilities of $131k, net assets of -$4,990.