Raleigh Dance Theatre Inc

Analysis

Raleigh Dance Theatre Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in December 1997, 29 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 June 2024, Raleigh Dance Theatre Inc reported income of $113k and spending of $99k, spending 88% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $92k to $113k (+23%), an average of +22% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Raleigh Dance Theatre Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within NC. Charities of a similar size with the same main cause include Nanka Kochi Kenjinkai Inc ($113k), Wilson Vaughn Historic Hostess House Inc ($113k) and Earl Scruggs Music Festival Inc ($113k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 46% and program service revenue 36% of the total. At year end it held assets of $98k against liabilities of $5,100, net assets of $93k.