Boston Dance Theater

Analysis

Boston Dance Theater is a registered charity in United States, based in Medford, MA. It received its IRS tax-exemption ruling in July 2019, 7 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, Boston Dance Theater reported income of $249k and spending of $395k, spending 159% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $436k to $249k (-43%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Boston Dance Theater sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within MA. Charities of a similar size with the same main cause include Muster Field Farm Museum ($249k), San Diego Guild of Puppetry ($249k) and Cultural and Educational Advancement Foundation Inc ($249k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 32% of the total. Other salaries and wages came to $218k. At year end it held assets of $337k against liabilities of $249k, net assets of $88k. It reported 8 employees.