Professional Dance Network Inc

Analysis

Professional Dance Network Inc is a registered charity in United States, based in Ankeny, IA. It received its IRS tax-exemption ruling in October 1996, 30 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, Professional Dance Network Inc reported income of $62k and spending of $48k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $52k to $62k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2022, when income rose by 1102%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Professional Dance Network Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within IA. Charities of a similar size with the same main cause include Early Era Collective ($62k), Patriot Art Foundation ($62k) and Raeford-Hoke Museum Inc ($62k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $3,412 against liabilities of $86k, net assets of -$82k.