Dance for Art Inc

Analysis

Dance for Art Inc is a registered charity in United States, based in Warwick, RI. It received its IRS tax-exemption ruling in June 1994, 32 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, Dance for Art Inc reported income of $122k and spending of $60k, leaving 50% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $122k (+77%), an average of +77% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 64% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dance for Art Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 37th percentile within RI. Charities of a similar size with the same main cause include C Williams Rush LLC ($122k), Friends of Mainstreet Piqua Inc ($122k) and Cabot Arts Inc ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 99% of the total. At year end it held assets of $129k against liabilities of $22, net assets of $129k.