Mitkof Island Dance Troupe

Analysis

Mitkof Island Dance Troupe is a registered charity in United States, based in Petersburg, AK. It received its IRS tax-exemption ruling in April 2010, 16 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, Mitkof Island Dance Troupe reported income of $130k and spending of $113k, spending 87% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $84k to $130k (+56%), an average of +25% a year. The sharpest change came in the year to June 2024, when income rose by 30%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mitkof Island Dance Troupe sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 39th percentile within AK. Charities of a similar size with the same main cause include Ahahui Siwila Hawaii ($130k), Buffalo Inner City Ballet Co Inc ($130k) and Original Mount Gretna Cicada Music Festival Inc ($130k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 22% and program service revenue 68% of the total. At year end it held assets of $176k against liabilities of $61, net assets of $176k.