Dance-New Jersey Inc

Analysis

Dance-New Jersey Inc is a registered charity in United States, based in Verona, NJ. It received its IRS tax-exemption ruling in March 1999, 27 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-New Jersey Inc reported income of $279k and spending of $205k, leaving 26% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income grew from $202k to $279k (+38%), an average of +11% a year. The sharpest change came in the year to June 2024, when income rose by 65%. Over the whole period it spent 86% 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-New Jersey Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 67th percentile within NJ. Charities of a similar size with the same main cause include The Colorado State Fair Foundation ($279k), St Marys Submarine Museum Inc ($279k) and John Green Preservation Coalition Inc ($279k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 9.3% of the total. Other salaries and wages came to $52k. At year end it held assets of $245k against liabilities of $0, net assets of $245k. It reported 4 employees.