Armour Dance Theatre Inc

Analysis

Armour Dance Theatre Inc is a registered charity in United States, based in South Miami, FL. It received its IRS tax-exemption ruling in February 1953, 73 years ago. 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 2023, Armour Dance Theatre Inc reported income of $2.6m and spending of $2.6m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $2.6m (+22%), an average of +5.2% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Armour Dance Theatre Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Help Now of Osceola Inc ($2.6m), Prevention Partnership Inc ($2.6m) and Eat Real Certified Inc ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $215k (8.2% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.1m against liabilities of $502k, net assets of $1.6m. It reported 104 employees.