3 Dots Downtown

Analysis

3 Dots Downtown is a registered charity in United States, based in State College, PA. 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 (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, 3 Dots Downtown reported income of $254k and spending of $320k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $296k to $254k (-14%), an average of -14% a year. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, 3 Dots Downtown sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within PA. Charities of a similar size with the same main cause include Marat Daukayev Ballet Theatre Inc ($254k), Clark Youth Theatre Incorporated ($254k) and American Harp Society Inc ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $124k (39% of expenses). Other salaries and wages came to $4,772. At year end it held assets of $30k against liabilities of $5,327, net assets of $24k. It reported 18 employees.