Carolyn Dorfman Dance Co

Analysis

Carolyn Dorfman Dance Co is a registered charity in United States, based in Union, NJ. It received its IRS tax-exemption ruling in September 1983, 43 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, Carolyn Dorfman Dance Co reported income of $721k and spending of $656k, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $556k to $721k (+30%), an average of +9.1% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Carolyn Dorfman Dance Co sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within NJ. Charities of a similar size with the same main cause include Ibio Institute ($721k), Friends of Rancho San Pedro ($722k) and Kentucky Society for Technology Ineducation ($721k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $90k (14% of expenses). Other salaries and wages came to $295k. At year end it held assets of $279k against liabilities of $15k, net assets of $264k. It reported 23 employees.