Ak Foundation for Dance Inc

Analysis

Ak Foundation for Dance Inc is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in June 2007, 19 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 December 2023, Ak Foundation for Dance Inc reported income of $871k and spending of $826k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $303k to $871k (+187%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 522%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ak Foundation for Dance Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Oregon Institute of Science and Medicine ($871k), Creative Arts Center of Dallas ($871k) and Ballet Concierto de Puerto Rico Inc ($871k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $853k against liabilities of $576k, net assets of $277k.