Collage Dance Holding Company

Analysis

Collage Dance Holding Company is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in September 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, Collage Dance Holding Company reported income of $3.3m and spending of $4.2m, spending 126% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $6.2m to $3.3m (-46%), an average of -19% a year. The sharpest change came in the year to June 2022, when income dropped by 40%. Over the whole period it spent 61% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Collage Dance Holding Company sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within TN. Charities of a similar size with the same main cause include San Diego Habitat Conservancy ($3.3m), Flushing Council on Culture and the Arts Inc ($3.3m) and Lake Placid Association for Music Drama & Art Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $237k (5.6% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $10.7m against liabilities of $1.4m, net assets of $9.3m. It reported 46 employees.