Reno Dance Company Inc

Analysis

Reno Dance Company Inc is a registered charity in United States, based in Sparks, NV. It received its IRS tax-exemption ruling in July 2006, 20 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 September 2023, Reno Dance Company Inc reported income of $283k and spending of $281k, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $275k to $283k (+2.8%), an average of +0.7% a year. The sharpest change came in the year to September 2023, when income rose by 65%. 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, Reno Dance Company Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within NV. Charities of a similar size with the same main cause include Anderson Symphony Orchestra Association Inc ($283k), Waterworks Visual Art Center Inc ($283k) and Paleocultural Research Group ($283k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 13% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $14k (5.1% of expenses). At year end it held assets of $15k against liabilities of $6,109, net assets of $8,413. It reported 9 employees.