Floricanto Dance Theatre

Analysis

Floricanto Dance Theatre is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in April 1992, 34 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, Floricanto Dance Theatre reported income of $268k and spending of $272k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $260k to $268k (+3.0%), an average of +3.0% a year. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Floricanto Dance Theatre sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Opas Encore Inc ($268k), Camelot Days Inc ($268k) and Flourish Alabama ($268k).

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 $83k. At year end it held assets of $82k against liabilities of $81k, net assets of $924.