Tu Dance

Analysis

Tu Dance is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in October 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 August 2023, Tu Dance reported income of $631k and spending of $843k, spending 134% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.1m to $631k (-45%), an average of -14% a year. The sharpest change came in the year to August 2022, when income dropped by 31%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tu Dance sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MN. Charities of a similar size with the same main cause include Cuban American National Foundation Inc ($631k), Sequoia Symphony Orchestra ($631k) and Behold the Lamb Ministries Inc ($630k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 76% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $180k (21% of expenses). Other salaries and wages came to $265k. At year end it held assets of $604k against liabilities of $271k, net assets of $333k. It reported 14 employees.