Dance Source Houston

Analysis

Dance Source Houston is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2005, 21 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 June 2023, Dance Source Houston reported income of $262k and spending of $257k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $200k to $262k (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dance Source Houston sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Veterans Museum Miami Valley ($262k), Myap Inc ($262k) and Historic Downtown Snohomish ($262k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 9.2% of the total. Other salaries and wages came to $86k. At year end it held assets of $74k against liabilities of -$1,089, net assets of $75k. It reported 3 employees.