Connecticut Dance School Inc
Analysis
Connecticut Dance School Inc is a registered charity in United States, based in Fairfield, CT. It received its IRS tax-exemption ruling in September 1995, 31 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Connecticut Dance School Inc reported income of $435k and spending of $496k, spending 114% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $385k to $435k (+13%), an average of +4.1% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 101% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Connecticut Dance School Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 65th percentile within CT. Charities of a similar size with the same main cause include Openstage Theatre and Company ($435k), Simpson Street Free Press Inc ($435k) and CCCD Foundation ($435k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.9% and program service revenue 75% of the total. Other salaries and wages came to $264k. At year end it held assets of $198k against liabilities of $21k, net assets of $177k. It reported 18 employees.
Income and spending
Where the income comes from
- Contributions & grants 6.9%
- Program services 75%
- Other 18%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Openstage Theatre and Company | Fort Collins | $435k |
| Simpson Street Free Press Inc | Monona | $435k |
| CCCD Foundation | Asheville | $435k |
| Hillgrove High School Band Boosterclub | Marietta | $435k |