Pan American Dance Foundation Inc

Analysis

Pan American Dance Foundation Inc is a registered charity in United States, based in Hurley, NY. It received its IRS tax-exemption ruling in November 1983, 43 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 August 2023, Pan American Dance Foundation Inc reported income of $474k and spending of $473k, spending 100% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $241k to $474k (+97%), an average of +25% a year. The sharpest change came in the year to August 2021, when income rose by 134%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pan American Dance Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Florida Vocal Association Incorporated ($474k), Business Forward Foundation ($474k) and Arts Hub ($474k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $58k (12% of expenses). Other salaries and wages came to $93k. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m. It reported 3 employees.