The Rock School for Dance Education

Analysis

The Rock School for Dance Education is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 1993, 33 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, The Rock School for Dance Education reported income of $6.1m and spending of $6.3m, spending 103% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $6.1m to $6.1m (-0.0%), an average of +-0.0% a year. The sharpest change came in the year to August 2022, when income rose by 76%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Rock School for Dance Education sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Circle Academy ($6.1m), Pop Warner Little Scholars Inc ($6.1m) and Arc Community Services Inc ($6.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $158k (2.5% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $5.1m against liabilities of $2.6m, net assets of $2.6m. It reported 96 employees.