Dial Magazine Inc

Analysis

Dial Magazine Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2023, 3 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, Dial Magazine Inc reported income of $481k and spending of $326k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $481k (+588%), an average of +588% a year. The sharpest change came in the year to December 2023, when income rose by 588%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dial Magazine Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Junkyard Social Club ($481k), Bay City News Foundation ($481k) and Association of Dominican Classical Artists Inc ($481k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $60k. At year end it held assets of $158k against liabilities of $5,121, net assets of $152k. It reported 1 employees.