Dance Continuum Inc

Analysis

Dance Continuum Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1987, 39 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 June 2023, Dance Continuum Inc reported income of $161k and spending of $185k, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $121k to $161k (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2023, when income rose by 95%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dance Continuum Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Austin Symphony Orchestra Society Inc ($161k), Serve Orlando Inc ($161k) and Roncalli Institute Inc ($161k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $21k (11% of expenses). Other salaries and wages came to $11k. At year end it held assets of $76k against liabilities of $8,488, net assets of $67k. It reported 2 employees.