Dcenter Inc

Analysis

Dcenter Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2002, 24 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, Dcenter Inc reported income of $744k and spending of $737k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $363k to $744k (+105%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 59%. 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, Dcenter Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 50th percentile within DC. Charities of a similar size with the same main cause include Janesville Performing Arts Center Inc ($744k), Create Portage County Inc ($745k) and Crystal Choir ($744k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $66k (9.0% of expenses). At year end it held assets of $104k against liabilities of $62k, net assets of $42k.