The Dancers Alchemy Inc

Analysis

The Dancers Alchemy Inc is a registered charity in United States, based in Boynton Beach, FL. It received its IRS tax-exemption ruling in October 2002, 24 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, The Dancers Alchemy Inc reported income of $85k and spending of $100k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $87k to $85k (-1.8%), an average of -0.5% a year. The sharpest change came in the year to December 2022, when income rose by 72%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Dancers Alchemy Inc sits at the 37th 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 36th percentile within FL. Charities of a similar size with the same main cause include Sondance Studio ($85k), Artists Guild of Anna Maria Island ($85k) and Theatre4youngpeopleorginc ($85k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $7,451 against liabilities of $0, net assets of $7,451.