Borinquen Dance Theatre Inc

Analysis

Borinquen Dance Theatre Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in January 2003, 23 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 June 2024, Borinquen Dance Theatre Inc reported income of $157k and spending of $162k, spending 103% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $115k to $157k (+36%), an average of +36% a year. The sharpest change came in the year to June 2024, when income rose by 36%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Borinquen Dance Theatre Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Music Performance Trust Funds 2 ($157k), The West Pasco Quilters Guild Inc ($157k) and Universal Music Center Inc ($157k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 74% and program service revenue 11% of the total. At year end it held assets of $369k against liabilities of $110k, net assets of $259k.