Djoniba Dance & Drum Centre Ltd

Analysis

Djoniba Dance & Drum Centre Ltd is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2024, 2 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, Djoniba Dance & Drum Centre Ltd reported income of $59k and spending of $53k, spending 90% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $85k to $59k (-31%), an average of -7.1% a year. The sharpest change came in the year to December 2020, when income dropped by 100%. Over the whole period it spent 55% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Djoniba Dance & Drum Centre Ltd sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Association of Chinese Scientists & Engineers ($59k), Schweikher House Preservation Trust ($59k) and Union Mills Learning Center Inc ($59k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $5,000 (9.4% of expenses). At year end it held assets of $1,299 against liabilities of $236k, net assets of -$234k.