Stars of Tomorrow Dance Co

Analysis

Stars of Tomorrow Dance Co is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in September 2014, 12 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 December 2023, Stars of Tomorrow Dance Co reported income of $405k and spending of $331k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $259k to $405k (+56%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stars of Tomorrow Dance Co sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within MO. Charities of a similar size with the same main cause include Ballet Frontier of Texas ($405k), Oahu Hawaiian Canoe Racing Association Hawaii ($405k) and Midwest Central Railroad ($405k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 90% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.