Dance Arts Centre Inc

Analysis

Dance Arts Centre Inc is a registered charity in United States, based in Satellite BCH, FL. It received its IRS tax-exemption ruling in May 2008, 18 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 December 2023, Dance Arts Centre Inc reported income of $189k and spending of $171k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $133k to $189k (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 93% 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 Arts Centre Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include The Times Theater Inc ($189k), St Lucas Historical Society ($189k) and Verdi Chorus ($189k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.1% and program service revenue 93% of the total. At year end it held assets of $311k against liabilities of $29k, net assets of $282k.