Southold Dance Theater Inc
Analysis
Southold Dance Theater Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in April 1977, 49 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 June 2024, Southold Dance Theater Inc reported income of $652k and spending of $713k, spending 109% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $569k to $652k (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2022, when income rose by 50%. 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, Southold Dance Theater Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IN. Charities of a similar size with the same main cause include Florida Litfest Inc ($652k), The Valley Economic Alliance ($652k) and Richardson Architecture Center Inc ($651k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% and program service revenue 80% of the total. Other salaries and wages came to $385k. At year end it held assets of $617k against liabilities of $14k, net assets of $604k. It reported 30 employees.
Income and spending
Where the income comes from
- Contributions & grants 16%
- Program services 80%
- Other 3.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Florida Litfest Inc | Tallahassee | $652k |
| The Valley Economic Alliance | Sherman Oaks | $652k |
| Richardson Architecture Center Inc | Buffalo | $651k |
| Arts Connect Houston | Houston | $652k |