Dzanc Books Inc

Analysis

Dzanc Books Inc is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in June 2014, 12 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, Dzanc Books Inc reported income of $218k and spending of $220k, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $130k to $218k (+68%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dzanc Books Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MI. Charities of a similar size with the same main cause include Grow Mongolia Inc ($218k), Sheridan Artists Guild Et Al ($218k) and Mooresville Artist Guild ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 7.4% of the total. Compensation of current officers, directors and key employees was $50k (23% of expenses). Other salaries and wages came to $36k. At year end it held assets of $70k against liabilities of $60k, net assets of $9,979.

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.