Shades Dance Theater Inc

Analysis

Shades Dance Theater Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 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 December 2023, Shades Dance Theater Inc reported income of $60k and spending of $58k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $60k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shades Dance Theater Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Marlboro School of Music Inc ($60k), Buckeye Lake Fourth of July Assoc Inc ($60k) and Puerto Rican Alliance ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. At year end it held assets of $300 against liabilities of $300, net assets of $0.