Dance Parade Inc

Analysis

Dance Parade Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 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 2024, Dance Parade Inc reported income of $402k and spending of $386k, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $135k to $402k (+198%), an average of +31% a year. The sharpest change came in the year to June 2022, when income rose by 212%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dance Parade Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Ayin Institute Inc ($402k), Theatre33 ($402k) and Mosaic Multicultural Foundation ($402k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 21% and program service revenue 76% of the total. At year end it held assets of $206k against liabilities of $43k, net assets of $163k.