Nadanta Inc

Analysis

Nadanta Inc is a registered charity in United States, based in Farmingtn HLS, MI. It received its IRS tax-exemption ruling in June 1987, 39 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, Nadanta Inc reported income of $77k and spending of $65k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $87k to $77k (-12%), an average of -12% a year. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nadanta Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within MI. Charities of a similar size with the same main cause include Ouray County Performing Arts Guild Inc ($77k), 1814 Commemoration Inc ($77k) and Historical Society of Marshall County Iowa ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. At year end it held assets of $137k against liabilities of $0, net assets of $137k.