Sarasota Contemporary Dance Inc

Analysis

Sarasota Contemporary Dance Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in February 2011, 15 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Sarasota Contemporary Dance Inc reported income of $600k and spending of $595k, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $364k to $600k (+65%), an average of +13% a year. The sharpest change came in the year to June 2024, when income rose by 47%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sarasota Contemporary Dance Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Quest Science Center ($600k), Chelan County Historical Society ($600k) and Allison Orr Dance Inc ($600k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 51% and program service revenue 34% of the total. Other salaries and wages came to $233k. At year end it held assets of $168k against liabilities of $42k, net assets of $126k. It reported 15 employees.