Dallas Black Dance Theatre

Analysis

Dallas Black Dance Theatre is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 1986, 40 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 May 2023, Dallas Black Dance Theatre reported income of $4.4m and spending of $4.7m, spending 108% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $3.9m to $4.4m (+14%), an average of +3.2% a year. The sharpest change came in the year to May 2021, when income rose by 18%. 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, Dallas Black Dance Theatre sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Arizona Musicfest ($4.4m), Marthas Vineyard Preservation TR Inc ($4.4m) and American Dance Festival Inc ($4.4m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 72% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $368k (7.8% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.7m against liabilities of -$813k, net assets of $3.5m. It reported 39 employees.