Kairos Dance Theater Inc

Analysis

Kairos Dance Theater Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in March 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, Kairos Dance Theater Inc reported income of $90k and spending of $92k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $50k to $90k (+81%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kairos Dance Theater Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 42nd percentile within MA. Charities of a similar size with the same main cause include Piano Arts of Wisconsin Inc ($90k), Rome Art Program Inc ($90k) and Second Generation Productions Inc ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $8,000 (8.7% of expenses). At year end it held assets of $81k against liabilities of $0, net assets of $81k.