Beardance Inc

Analysis

Beardance Inc is a registered charity in United States, based in Carrollton, TX. It received its IRS tax-exemption ruling in August 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, Beardance Inc reported income of $104k and spending of $80k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $137k to $104k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Beardance Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include Connecticut Early Music Society Inc ($104k), Red Rose Childrens Choir of Lake County ($104k) and Opera Huntsville ($104k).

At year end it held assets of $60k against liabilities of $0, net assets of $60k.