Dance Educators of America Inc

Analysis

Dance Educators of America Inc is a registered charity in United States, based in Boynton Beach, FL. It received its IRS tax-exemption ruling in June 1994, 32 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 December 2023, Dance Educators of America Inc reported income of $976k and spending of $1.1m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $976k (-8.4%), an average of -2.2% a year. The sharpest change came in the year to December 2022, when income rose by 109%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dance Educators of America Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Illusion Theater and School Inc ($976k), Gay Mens Chorus of South Florida Inc ($977k) and California Heritage Indigenous Research Project ($976k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.2% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $31k (2.9% of expenses). At year end it held assets of $17k against liabilities of $417k, net assets of -$400k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.