Peridance Ensemble Ltd

Analysis

Peridance Ensemble Ltd is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1985, 41 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, Peridance Ensemble Ltd reported income of $516k and spending of $490k, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $330k to $516k (+56%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 165%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Peridance Ensemble Ltd sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Philippine Cultural Foundation Inc ($516k), National Great Blacks in Wax Museum ($516k) and Black Hills Community Theatre Inc ($516k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $20k (4.1% of expenses). Other salaries and wages came to $237k. At year end it held assets of $47k against liabilities of $0, net assets of $47k. It reported 26 employees.