Lifeart Dance Ensemble

Analysis

Lifeart Dance Ensemble is a registered charity in United States, based in Commerce City, CO. It received its IRS tax-exemption ruling in May 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 December 2023, Lifeart Dance Ensemble reported income of $65k and spending of $59k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $65k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. 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, Lifeart Dance Ensemble sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within CO. Charities of a similar size with the same main cause include Ellis County Childrens Theater ($65k), Legacies of the Pacific ($65k) and Oklahoma City Swing Club Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.