CM Dance

Analysis

CM Dance is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, CM Dance reported income of $613k and spending of $598k, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $324k to $613k (+89%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 112%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, CM Dance sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CO. Charities of a similar size with the same main cause include Aisha Cultural Centers Inc ($613k), Bus Barn Stage Company a California Non Profit Public Benefit Corp ($614k) and Symphonic Jazz Orchestra ($613k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $61k (10% of expenses). Other salaries and wages came to $142k. At year end it held assets of $276k against liabilities of $47k, net assets of $229k. It reported 16 employees.