Happendance Inc

Analysis

Happendance Inc is a registered charity in United States, based in Okemos, MI. It received its IRS tax-exemption ruling in August 1969, 57 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Happendance Inc reported income of $226k and spending of $222k, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $329k to $226k (-31%), an average of -12% a year. The sharpest change came in the year to June 2022, when income dropped by 29%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Happendance Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MI. Charities of a similar size with the same main cause include C a T T Community Project ($226k), Hancock County Childrens Choir Ltd ($226k) and Roberts Cove Germanfest Association ($225k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $118k (53% of expenses). At year end it held assets of $19k against liabilities of $19k, net assets of -$25. It reported 9 employees.