Bare Bait Dance

Analysis

Bare Bait Dance is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Bare Bait Dance reported income of $276k and spending of $280k, spending 102% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $200k to $276k (+38%), an average of +17% a year. The sharpest change came in the year to June 2024, when income rose by 24%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bare Bait Dance sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MT. Charities of a similar size with the same main cause include South Carolina Summer Dance Conservatory ($276k), Hillsdale Community Theatre Inc ($276k) and Crosswinds Foundation for Faith and Culture ($276k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 33% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $30k (11% of expenses). Other salaries and wages came to $54k. At year end it held assets of $76k against liabilities of $16k, net assets of $60k. It reported 7 employees.