Dryad

Analysis

Dryad is a registered charity in United States, based in Davis, CA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover science and technology, 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, Dryad reported income of $1.5m and spending of $1.5m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.5m (+5.9%), an average of +1.4% a year. The sharpest change came in the year to June 2020, when income dropped by 46%. 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, Dryad sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Studio Creative Play ($1.5m), Young Audiences of Oregon Inc ($1.5m) and Scoa Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $175k (12% of expenses). Other salaries and wages came to $310k. At year end it held assets of $1.1m against liabilities of $326k, net assets of $784k. It reported 12 employees.