Dimensions Dance Theater of Miami Inc

Analysis

Dimensions Dance Theater of Miami Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in June 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dimensions Dance Theater of Miami Inc reported income of $366k and spending of $368k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $281k to $366k (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dimensions Dance Theater of Miami Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include American Society of Preventive Oncology Inc ($366k), Buffalo Theatre Ensemble Corp ($366k) and Detroit Sound Conservancy ($366k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $33k. At year end it held assets of $44k against liabilities of $0, net assets of $44k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.