Ayodele Drum and Dance NFP

Analysis

Ayodele Drum and Dance NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2012, 14 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, Ayodele Drum and Dance NFP reported income of $136k and spending of $121k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $127k to $136k (+6.8%), an average of +6.8% a year. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ayodele Drum and Dance NFP sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Puerto Rico Historic Building Drawing Society ($136k), Tri-Valley Repertory Theatre ($136k) and Pec Playhouse Theatre Inc ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. At year end it held assets of $176k against liabilities of $0, net assets of $176k.