Hromovytsia Ukrainian Dance Ensemble

Analysis

Hromovytsia Ukrainian Dance Ensemble is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2006, 20 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, Hromovytsia Ukrainian Dance Ensemble reported income of $91k and spending of $105k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $194k to $91k (-53%), an average of -53% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hromovytsia Ukrainian Dance Ensemble sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within IL. Charities of a similar size with the same main cause include Turnpark Art Space Inc ($91k), Casa Argentina de Houston ($91k) and Holiday World Music Festival ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $5,675 against liabilities of $0, net assets of $5,675.