Royal Academy of Dancing

Analysis

Royal Academy of Dancing is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in August 1966, 60 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).

In the financial year ending July 2024, Royal Academy of Dancing reported income of $561k and spending of $554k, spending 99% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $467k to $561k (+20%), an average of +4.7% a year. The sharpest change came in the year to July 2022, when income rose by 71%. 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, Royal Academy of Dancing sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within WI. Charities of a similar size with the same main cause include Nebraska Writers Collective ($561k), Maine Center for Coastal Fisheries ($561k) and River Gallery School Inc ($561k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 0.0% and program service revenue 95% of the total. Other salaries and wages came to $126k. At year end it held assets of $326k against liabilities of $123k, net assets of $203k. It reported 3 employees.