Valentina Kozlova Dance Foundation Inc

Analysis

Valentina Kozlova Dance Foundation Inc is a registered charity in United States, based in New York City, NY. It received its IRS tax-exemption ruling in March 2004, 22 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 December 2023, Valentina Kozlova Dance Foundation Inc reported income of $125k and spending of $152k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $110k to $125k (+14%), an average of +3.2% a year. The sharpest change came in the year to December 2022, when income rose by 371%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Valentina Kozlova Dance Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Salon de Virtuosi Inc ($125k), National Society of the Daughters of the American Revolution ($125k) and Goshen Theatre Project NFP ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $11k (7.5% of expenses). Other salaries and wages came to $30k. At year end it held assets of $37k against liabilities of $0, net assets of $37k.

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.