Triveni School of Dance Inc

Analysis

Triveni School of Dance Inc is a registered charity in United States, based in Brookline, MA. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Triveni School of Dance Inc reported income of $234k and spending of $231k, spending 99% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $267k to $234k (-12%), an average of -4.3% a year. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Triveni School of Dance Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Grove Education Foundation for Excellence Inc ($234k), Rushford-Peterson Booster Club Inc ($234k) and Family Arts Needlework Shop Inc ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $80k (35% of expenses). Other salaries and wages came to $33k. At year end it held assets of $786k against liabilities of $1,500, net assets of $784k. It reported 12 employees.