Innovation Dance Studios Ltd
Analysis
Innovation Dance Studios Ltd is a registered charity in England and Wales, based in London. It was registered in August 2013, 13 years ago. Its declared purposes cover education/training, arts/culture/heritage/science and recreation, which this site groups under arts, culture, heritage and science. Legally it is a charitable company (Companies House number 07735710). It says it provides buildings/facilities/open space and provides services.
In the financial year ending March 2025, Innovation Dance Studios Ltd reported income of £576k and spending of £614k, spending 106% of what it took in. Across the 5 years on record, from March 2021 to March 2025, income grew from £386k to £576k (+49%), an average of +10% a year. The sharpest change came in the year to March 2022, when income rose by 43%. Over the whole period it spent 96% of the income it received.
Among 17,634 England and Wales charities whose main cause is arts, culture, heritage and science and that reported income, Innovation Dance Studios Ltd sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in England and Wales with reported income it ranks in the 91st percentile. Charities of a similar size with the same main cause include The Huddersfield Contemporary Music Festival Limited (£574k), Ditchling Museum of Art + Craft (£577k) and Phoenix Cinema Trust Limited (£573k).
In its latest detailed accounts, income came from donations and legacies 97% and investments 3.2%. Charitable activities took 45% of spending and raising funds 0.7%. Reserves of £346k would cover about 7 months of spending at that rate. It employed 3 people.
Income and spending
Where the income comes from
- Donations 97%
- Investments 3.2%
In the charity's own words
Providing children and community dance lessons and events in Greater London. During the year, the charity has geographically expanded, bringing opportunities to more communities, including Finchley & Colindale. Examples are available on http://www.innovationdancestudios.co.uk/about-us/recent-performances/
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Huddersfield Contemporary Music Festival Limited | University of Huddersfield | £574k |
| Ditchling Museum of Art + Craft | Hassocks | £577k |
| Phoenix Cinema Trust Limited | London | £573k |
| Eastside Educational Trust | London | £577k |