Kinetics Dance Theatre Inc

Analysis

Kinetics Dance Theatre Inc is a registered charity in United States, based in Ellicott City, MD. It received its IRS tax-exemption ruling in May 1985, 41 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Kinetics Dance Theatre Inc reported income of $491k and spending of $490k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $411k to $491k (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kinetics Dance Theatre Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within MD. Charities of a similar size with the same main cause include American Academy of Pediatrics District IX Chapter IV ($491k), Rotary District 6940 Foundation Inc ($491k) and Habitat for Humanity International Inc ($491k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 22% and program service revenue 77% of the total. Other salaries and wages came to $191k. At year end it held assets of $220k against liabilities of $9,004, net assets of $211k. It reported 7 employees.