Steamboat Dance Theatre

Analysis

Steamboat Dance Theatre is a registered charity in United States, based in Steamboat SPR, CO. It received its IRS tax-exemption ruling in May 2004, 22 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 September 2023, Steamboat Dance Theatre reported income of $131k and spending of $118k, spending 90% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $81k to $131k (+62%), an average of +13% a year. The sharpest change came in the year to September 2022, when income rose by 159%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Steamboat Dance Theatre sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 40th percentile within CO. Charities of a similar size with the same main cause include Lao Iu Mien Culture Association Inc ($131k), Virginia Genealogical Society ($131k) and 2nd Star Productions Inc ($131k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 64% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $18k (15% of expenses). At year end it held assets of $162k against liabilities of $0, net assets of $162k.