Alabama Dance Theatre

Analysis

Alabama Dance Theatre is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in September 1987, 39 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 2023, Alabama Dance Theatre reported income of $840k and spending of $932k, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $757k to $840k (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2022, when income rose by 41%. 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, Alabama Dance Theatre sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within AL. Charities of a similar size with the same main cause include Irish Classical Theater Co ($839k), Alliance Francaise ($840k) and Chevra Inc ($839k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $70k (7.5% of expenses). Other salaries and wages came to $265k. At year end it held assets of $213k against liabilities of $4,232, net assets of $208k. It reported 23 employees.