North American Folk Music and Dance Alliance Inc

Analysis

North American Folk Music and Dance Alliance Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in September 1916, 110 years ago. 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, North American Folk Music and Dance Alliance Inc reported income of $122k and spending of $137k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $142k to $122k (-14%), an average of -14% a year. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North American Folk Music and Dance Alliance Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within CT. Charities of a similar size with the same main cause include Randolph Area Asylum Seekers Support Corporation ($122k), Ossipee Childrens Fund Inc ($122k) and Historical Association of Lewiston ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.