Dayspring School of the Arts

Analysis

Dayspring School of the Arts is a registered charity in United States, based in Maryland HTS, MO. It received its IRS tax-exemption ruling in March 1998, 28 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 2023, Dayspring School of the Arts reported income of $1.1m and spending of $1.3m, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.2m to $1.1m (-8.5%), an average of -2.2% a year. The sharpest change came in the year to June 2023, when income dropped by 21%. 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, Dayspring School of the Arts sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within MO. Charities of a similar size with the same main cause include Canyonlands Field Institute Inc ($1.1m), Natl Society of the Colonial Dames of America ($1.1m) and Greenbrier Historical Society ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.9% and program service revenue 97% of the total. Other salaries and wages came to $757k. At year end it held assets of $2.4m against liabilities of $2.1m, net assets of $371k. It reported 60 employees.