Timothy M Draper Center for Dance Education Inc

Analysis

Timothy M Draper Center for Dance Education Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Timothy M Draper Center for Dance Education Inc reported income of $742k and spending of $567k, leaving 24% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $646k to $742k (+15%), an average of +3.5% a year. The sharpest change came in the year to August 2021, when income rose by 22%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Timothy M Draper Center for Dance Education 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 72nd percentile within NY. Charities of a similar size with the same main cause include Houston Center for Photography ($742k), The Dance Exchange Inc ($742k) and Wallace House Foundation-A Museum and Vice Presidential Library ($742k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 15% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $113k (20% of expenses). Other salaries and wages came to $103k. At year end it held assets of $1.3m against liabilities of $738k, net assets of $575k. It reported 16 employees.