Spanish Danzart Society

Analysis

Spanish Danzart Society is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in February 2013, 13 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, Spanish Danzart Society reported income of $456k and spending of $473k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $304k to $456k (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 458%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Spanish Danzart Society sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within NM. Charities of a similar size with the same main cause include Albanian-American Cultural Center Inc ($455k), Lane County Historical Society ($456k) and Friends of Chamber Music ($455k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 56% of the total. At year end it held assets of $130k against liabilities of $0, net assets of $130k.