Pasadena Dance Theatre

Analysis

Pasadena Dance Theatre is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in December 1965, 61 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 May 2023, Pasadena Dance Theatre reported income of $508k and spending of $448k, spending 88% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $391k to $508k (+30%), an average of +6.8% a year. The sharpest change came in the year to May 2023, when income rose by 40%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pasadena Dance Theatre sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Museum of Neon Art ($508k), Friends of Banning Park Corporation ($508k) and Santa Ynez Valley Historical Society ($508k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 5.5% and program service revenue 94% of the total. Other salaries and wages came to $159k. At year end it held assets of $173k against liabilities of $224k, net assets of -$52k. It reported 10 employees.