Fort Wayne Dance Collective Inc

Analysis

Fort Wayne Dance Collective Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in September 1979, 47 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Fort Wayne Dance Collective Inc reported income of $627k and spending of $782k, spending 125% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $596k to $627k (+5.2%), an average of +1.3% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fort Wayne Dance Collective Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IN. Charities of a similar size with the same main cause include Pocket Volunteer Fire Department Inc ($627k), Another Way Inc ($627k) and The Lab SF ($627k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $54k (6.9% of expenses). Other salaries and wages came to $239k. At year end it held assets of $332k against liabilities of $90k, net assets of $242k. It reported 7 employees.