Siudy Flamenco Dance Theatre Inc

Analysis

Siudy Flamenco Dance Theatre Inc is a registered charity in United States, based in North Miami, FL. It received its IRS tax-exemption ruling in June 2016, 10 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 December 2023, Siudy Flamenco Dance Theatre Inc reported income of $468k and spending of $471k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $233k to $468k (+101%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 350%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Siudy Flamenco Dance Theatre Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Chicago a Cappella ($468k), Northern Manhattan Arts Alliance ($468k) and Borderlight Festival ($468k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $57k (12% of expenses). At year end it held assets of $51k against liabilities of $98k, net assets of -$48k. It reported 2 employees.