Dancing Classrooms Inc

Analysis

Dancing Classrooms Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1985, 41 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, Dancing Classrooms Inc reported income of $2.8m and spending of $2.2m, leaving 23% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.1m to $2.8m (+33%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dancing Classrooms Inc 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 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Lights and Sounds Collective Inc ($2.8m), Museum of Art and Photography Foundation Inc ($2.8m) and Minnetonka Youth Hockey Association ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $136k (6.2% of expenses). Other salaries and wages came to $1.3m. It paid $98k in professional fundraising fees. At year end it held assets of $2.2m against liabilities of $57k, net assets of $2.2m. It reported 66 employees.