Dakota Legacy

Analysis

Dakota Legacy is a registered charity in United States, based in Bismarck, ND. It received its IRS tax-exemption ruling in September 2014, 12 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 December 2022, Dakota Legacy reported income of $85k and spending of $180k, spending 212% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $214k to $85k (-60%), an average of -60% a year. The sharpest change came in the year to December 2022, when income dropped by 60%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dakota Legacy sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 23rd percentile within ND. Charities of a similar size with the same main cause include Ensemble Mik Nawooj ($85k), York Harbor Reading Room Foundation ($85k) and Stagecenter Inc ($85k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.