Conduit Dance Inc

Analysis

Conduit Dance Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in October 2002, 24 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 August 2024, Conduit Dance Inc reported income of $95k and spending of $100k, spending 106% of what it took in. Across the 2 years on record, from August 2023 to August 2024, income fell from $140k to $95k (-32%), an average of -32% a year. The sharpest change came in the year to August 2024, when income dropped by 32%. Over the whole period it spent 117% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Conduit Dance Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within OR. Charities of a similar size with the same main cause include Open Door Community Theatre ($95k), Listen Media Community Fund ($95k) and Na Pualei O Likolehua ($95k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 61% and program service revenue 39% of the total. At year end it held assets of $2,911 against liabilities of $37k, net assets of -$34k.