Uptown Dance Academy Inc

Analysis

Uptown Dance Academy Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1997, 29 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 2022, Uptown Dance Academy Inc reported income of $243k and spending of $181k, leaving 25% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income fell from $248k to $243k (-2.2%), an average of -1.1% a year. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Uptown Dance Academy Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include American Meditation Institute ($243k), Friends of Cedarmere Inc ($243k) and Puerto Rico Public and Applied Social Sciences Workshop Inc ($243k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $11k. At year end it held assets of $200 against liabilities of $0, net assets of $200.