Dancing in the Street Inc

Analysis

Dancing in the Street Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in April 1986, 40 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Dancing in the Street Inc reported income of $381k and spending of $349k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $266k to $381k (+43%), an average of +9.4% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dancing in the Street Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Opera Roanoke ($381k), Victory Garden Theater ($381k) and Springfield Township Arts and Enrichment Council ($381k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 5.7% of the total. Other salaries and wages came to $134k. At year end it held assets of $299k against liabilities of $61k, net assets of $238k. It reported 5 employees.