Gallim Dance Company Inc

Analysis

Gallim Dance Company Inc is a registered charity in United States, based in PRT Washingtn, NY. It received its IRS tax-exemption ruling in November 2010, 16 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, Gallim Dance Company Inc reported income of $838k and spending of $981k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $673k to $838k (+25%), an average of +5.6% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gallim Dance Company Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Friends of Bayou St John ($838k), Jefferson Center for Learning & the Arts ($838k) and Historic Macon Foundation Inc ($838k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $219k (22% of expenses). Other salaries and wages came to $448k. At year end it held assets of $179k against liabilities of $331k, net assets of -$152k. It reported 26 employees.