Dams Inc

Analysis

Dams Inc is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in July 1991, 35 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 September 2023, Dams Inc reported income of $52k and spending of $26k, leaving 50% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $26k to $52k (+96%), an average of +96% a year. The sharpest change came in the year to September 2023, when income rose by 96%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dams Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 16th percentile within MN. Charities of a similar size with the same main cause include The Grand River Historical Society and Museum ($52k), Hungrey Hollow Steam & Gas Engine Club Inc ($52k) and Delaware Water Gap Celebration of Arts Inc ($52k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 76% and program service revenue 0.0% of the total. At year end it held assets of $95k against liabilities of $35k, net assets of $60k.