Third Law Dance-Theater Inc

Analysis

Third Law Dance-Theater Inc is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in August 2001, 25 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, Third Law Dance-Theater Inc reported income of $334k and spending of $333k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $279k to $334k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Third Law Dance-Theater Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within CO. Charities of a similar size with the same main cause include Los Angeles Theatresports Inc ($334k), Bishop Museum and Historical Society ($334k) and Havre de Grace Decoy Museum Inc ($334k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.2% of the total. Compensation of current officers, directors and key employees was $32k (9.6% of expenses). Other salaries and wages came to $62k. At year end it held assets of $218k against liabilities of $0, net assets of $218k. It reported 2 employees.