Kinedanco

Analysis

Kinedanco is a registered charity in United States, based in Bolingbrook, IL. It received its IRS tax-exemption ruling in June 2013, 13 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 June 2024, Kinedanco reported income of $127k and spending of $119k, spending 94% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $196k to $127k (-35%), an average of -35% a year. The sharpest change came in the year to June 2024, when income dropped by 35%. 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, Kinedanco sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 44th percentile within IL. Charities of a similar size with the same main cause include Oak Cliff Society of Fine Arts ($127k), Crawford County Community Concert Association Inc ($127k) and Japan Arts Inc ($127k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 46% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.