Mayur Dance Company

Analysis

Mayur Dance Company is a registered charity in United States, based in Potomac, MD. It received its IRS tax-exemption ruling in April 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, Mayur Dance Company reported income of $168k and spending of $134k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $168k (+163%), an average of +163% a year. The sharpest change came in the year to December 2023, when income rose by 163%. 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, Mayur Dance Company sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MD. Charities of a similar size with the same main cause include Savanna Band and Pageantry Organization ($168k), Oregon Innovation Foundation ($168k) and Historic Colony House Inc ($168k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.5% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.