Salt Contemporary Dance Inc

Analysis

Salt Contemporary Dance Inc is a registered charity in United States, based in St George, UT. It received its IRS tax-exemption ruling in February 2015, 11 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, Salt Contemporary Dance Inc reported income of $406k and spending of $414k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $219k to $406k (+85%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 138%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Salt Contemporary Dance Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within UT. Charities of a similar size with the same main cause include Quincy Society of Fine Arts ($406k), National Society of the Daughters of the American Revolution ($406k) and Soundcorps Inc ($406k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $64k (15% of expenses). Other salaries and wages came to $57k. At year end it held assets of $14k against liabilities of $7,112, net assets of $6,985. It reported 13 employees.