Nichole Canuso Dance Company Inc

Analysis

Nichole Canuso Dance Company Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 2002, 24 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 December 2023, Nichole Canuso Dance Company Inc reported income of $211k and spending of $170k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $146k to $211k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2022, when income rose by 113%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nichole Canuso Dance Company Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within PA. Charities of a similar size with the same main cause include Dialogue Foundation ($211k), National Society of Colonial Dames in the State of New York ($211k) and Morris Chinese Academy a Njnonprofit Corporation ($211k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.7% of the total. Compensation of current officers, directors and key employees was $37k (22% of expenses). Other salaries and wages came to $9,889. At year end it held assets of $353k against liabilities of $4,216, net assets of $349k. It reported 3 employees.