Coyaba Dance Theater Inc

Analysis

Coyaba Dance Theater Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2005, 21 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 2023, Coyaba Dance Theater Inc reported income of $89k and spending of $75k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $90k to $89k (-1.2%), an average of -0.3% a year. The sharpest change came in the year to December 2022, when income rose by 79%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Coyaba Dance Theater Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 17th percentile within DC. Charities of a similar size with the same main cause include Newark Valley Historical Society C ($89k), Indian Fine Arts Academy of Sandiego ($89k) and Suffrage Coalition ($89k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Other salaries and wages came to $62k. At year end it held assets of $78k against liabilities of $24k, net assets of $54k.