Rockford Dance Co

Analysis

Rockford Dance Co is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in January 1974, 52 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, Rockford Dance Co reported income of $306k and spending of $328k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $342k to $306k (-10%), an average of -2.7% a year. The sharpest change came in the year to June 2022, when income rose by 339%. 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, Rockford Dance Co sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within IL. Charities of a similar size with the same main cause include Gulfshore Ballet Inc ($306k), Science and Arts Engagement New York Inc ($306k) and Golden Isles Youth Orchestra Inc ($306k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 64% of the total. Other salaries and wages came to $97k. At year end it held assets of $331k against liabilities of $3,391, net assets of $328k. It reported 27 employees.