Dance Theater of Florida Inc

Analysis

Dance Theater of Florida Inc is a registered charity in United States, based in Palm Beach Gardens, FL. It received its IRS tax-exemption ruling in March 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, Dance Theater of Florida Inc reported income of $118k and spending of $146k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $136k to $118k (-13%), an average of -13% a year. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dance Theater of Florida Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 45th percentile within FL. Charities of a similar size with the same main cause include Northern Ohio Fine Arts Fund ($118k), Ritz Chamber Music Society Inc ($118k) and Friends of Gillespie County Country Schools Inc ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 66% of the total. At year end it held assets of $58k against liabilities of $12k, net assets of $47k.