The Dance School

Analysis

The Dance School is a registered charity in United States, based in Everett, WA. It received its IRS tax-exemption ruling in November 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 December 2023, The Dance School reported income of $327k and spending of $352k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $238k to $327k (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2023, when income rose by 36%. 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 Dance School sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within WA. Charities of a similar size with the same main cause include The Korean Society of Dallas ($327k), Coalition of Wisconsin Aging Group Incorporated ($327k) and Friends of Bristol Valley Playhouse Foundation Inc ($327k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Other salaries and wages came to $198k. At year end it held assets of $24k against liabilities of $13k, net assets of $11k. It reported 15 employees.

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.