Flight Path Dance Foundation Inc

Analysis

Flight Path Dance Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2021, 5 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, Flight Path Dance Foundation Inc reported income of $329k and spending of $359k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $123k to $329k (+166%), an average of +166% a year. The sharpest change came in the year to December 2023, when income rose by 166%. Over the whole period it spent 143% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Flight Path Dance Foundation 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 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Clermont Foundation ($329k), Empower Peace Inc ($329k) and American Society of Journalists and Authors Foundation ($329k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $81k (23% of expenses). At year end it held assets of $47k against liabilities of $260k, net assets of -$213k. It reported 2 employees.