Citadel Dance and Music Center Inc

Analysis

Citadel Dance and Music Center Inc is a registered charity in United States, based in Benton Harbor, MI. It received its IRS tax-exemption ruling in May 2004, 22 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 August 2023, Citadel Dance and Music Center Inc reported income of $466k and spending of $445k, spending 95% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $468k to $466k (-0.4%), an average of -0.1% a year. The sharpest change came in the year to August 2023, when income rose by 17%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Citadel Dance and Music Center Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MI. Charities of a similar size with the same main cause include Whiteside Theatre Foundation ($466k), Louisiana Family Forum ($466k) and Tennessee Performing Arts Foundation ($466k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. At year end it held assets of $101k against liabilities of $51k, net assets of $51k.