Dream Dare to Revitalize Education Thru Arts & Mediation Inc

Analysis

Dream Dare to Revitalize Education Thru Arts & Mediation Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in February 2016, 10 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 2023, Dream Dare to Revitalize Education Thru Arts & Mediation Inc reported income of $581k and spending of $688k, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $382k to $581k (+52%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 39%. 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, Dream Dare to Revitalize Education Thru Arts & Mediation Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Burlington Cable Access Television Inc ($581k), Jamestown Arts Center ($581k) and Teatro Vision ($581k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 40% of the total. Other salaries and wages came to $390k. At year end it held assets of $257k against liabilities of $144k, net assets of $112k. It reported 19 employees.