Malashock Dance & Company

Analysis

Malashock Dance & Company is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in October 1994, 32 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 June 2023, Malashock Dance & Company reported income of $798k and spending of $774k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $512k to $798k (+56%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 49%. 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, Malashock Dance & Company sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Hollywood Fringe ($798k), Lismore Road Inc ($798k) and Theatre Art Galleries ($798k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $183k (24% of expenses). Other salaries and wages came to $246k. It paid $2,723 in professional fundraising fees. At year end it held assets of $331k against liabilities of $206k, net assets of $124k. It reported 30 employees.