New York Dance & Arts Innovations

Analysis

New York Dance & Arts Innovations is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1999, 27 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 February 2024, New York Dance & Arts Innovations reported income of $85k and spending of $71k, spending 84% of its income. Across the 2 years on record, from February 2023 to February 2024, income grew from $60k to $85k (+42%), an average of +42% a year. The sharpest change came in the year to February 2024, when income rose by 42%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New York Dance & Arts Innovations sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Mississippi Songwriters Festival Inc ($85k), Boyer Valley Athletic Booster Club ($85k) and Plone Foundation ($85k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $93k against liabilities of $0, net assets of $93k.