Santa Barbara Dance Institute

Analysis

Santa Barbara Dance Institute is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in March 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 2024, Santa Barbara Dance Institute reported income of $132k and spending of $137k, spending 104% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $219k to $132k (-40%), an average of -40% a year. The sharpest change came in the year to June 2024, when income dropped by 40%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Santa Barbara Dance Institute sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Emerald Empire Art Association Inc ($132k), Virginia Beach Maritime Museum Inc ($132k) and Historical Society & Museum for the Ca Dept of Forestry ($132k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 81% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $75k (55% of expenses). At year end it held assets of $191k against liabilities of $1,900, net assets of $189k. It reported 1 employees.