Purelements an Evolution in Dance

Analysis

Purelements an Evolution in Dance is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 2008, 18 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, Purelements an Evolution in Dance reported income of $3.5m and spending of $3.0m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $3.5m (+29%), an average of +6.7% a year. The sharpest change came in the year to June 2022, when income rose by 46%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Purelements an Evolution in Dance sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Deep Ellum Foundation ($3.5m), Energy Innovation Center Institute Inc ($3.5m) and Plusoneplusoneplusone ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $218k (7.2% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $581k against liabilities of $485k, net assets of $96k. It reported 228 employees.