Katha Dance Theatre

Analysis

Katha Dance Theatre is a registered charity in United States, based in Crystal, MN. It received its IRS tax-exemption ruling in February 1989, 37 years ago. 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 August 2023, Katha Dance Theatre reported income of $452k and spending of $340k, leaving 25% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $310k to $452k (+46%), an average of +9.9% a year. The sharpest change came in the year to August 2023, when income rose by 75%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Katha Dance Theatre sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MN. Charities of a similar size with the same main cause include Boxford Athletic Association Inc ($452k), Outside in Theatre ($452k) and Living Word Bible Camp ($452k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $100k (30% of expenses). Other salaries and wages came to $36k. At year end it held assets of $441k against liabilities of $0, net assets of $441k. It reported 3 employees.