National Conservatory of Dramatic Arts

Analysis

National Conservatory of Dramatic Arts is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 1998, 28 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, National Conservatory of Dramatic Arts reported income of $336k and spending of $388k, spending 116% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $452k to $336k (-26%), an average of -7.2% a year. The sharpest change came in the year to August 2020, when income dropped by 100%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Conservatory of Dramatic Arts sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 37th percentile within DC. Charities of a similar size with the same main cause include Khoi FM ($336k), 7th Street Theatre Association ($336k) and North Country Chamber Players Inc ($336k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. At year end it held assets of $138k against liabilities of $112k, net assets of $26k.