Dallas Spark

Analysis

Dallas Spark is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 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, Dallas Spark reported income of $1.1m and spending of $679k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $961k to $1.1m (+10%), an average of +2.4% a year. The sharpest change came in the year to December 2023, when income rose by 386%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dallas Spark sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Intermusic SF ($1.1m), American Society of Extracorporeal Technology Inc ($1.1m) and Fevered Dreams Productions ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $100k (15% of expenses). At year end it held assets of $585k against liabilities of $62k, net assets of $523k. It reported 28 employees.