Dance Canvas Inc

Analysis

Dance Canvas Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 2009, 17 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, Dance Canvas Inc reported income of $217k and spending of $214k, spending 99% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $205k to $217k (+5.9%), an average of +2.9% a year. The sharpest change came in the year to June 2023, when income rose by 24%. 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, Dance Canvas 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 59th percentile within GA. Charities of a similar size with the same main cause include Peerless Rockville Historic Preservation Ltd ($217k), Museum of the Mississippi Delta ($217k) and Innervision Theatre Arts Center Inc ($217k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $58k (27% of expenses). At year end it held assets of $238k against liabilities of $0, net assets of $238k. It reported 1 employees.