New York Dance Theatre Inc

Analysis

New York Dance Theatre Inc is a registered charity in United States, based in Commack, NY. It received its IRS tax-exemption ruling in April 1977, 49 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 August 2023, New York Dance Theatre Inc reported income of $347k and spending of $356k, spending 103% of its income. Across the 6 years on record, from August 2018 to August 2023, income fell from $357k to $347k (-2.7%), an average of -0.6% a year. The sharpest change came in the year to August 2021, when income dropped by 34%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New York Dance Theatre Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Bent County Historical Society ($347k), Gingold Theatrical Group ($347k) and Young Texas Artists Inc ($347k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 1.2% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $72k (20% of expenses). Other salaries and wages came to $59k. At year end it held assets of $416k against liabilities of $175k, net assets of $241k. It reported 19 employees.