San Jose Dance Theatre

Analysis

San Jose Dance Theatre is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in April 1969, 57 years ago. 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 2023, San Jose Dance Theatre reported income of $1.2m and spending of $1.4m, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $937k to $1.2m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2022, when income rose by 212%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Jose Dance Theatre sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Victory Christian School ($1.2m), Shelter & Assistance in Family Emergencies Inc ($1.2m) and Citizens Caring for Children Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Other salaries and wages came to $544k. At year end it held assets of $356k against liabilities of $2,233, net assets of $353k. It reported 41 employees.