Mudra Dance Studio

Analysis

Mudra Dance Studio is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in November 2023, 3 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, Mudra Dance Studio reported income of $144k and spending of $143k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $292k to $144k (-51%), an average of -21% a year. The sharpest change came in the year to December 2022, when income rose by 87%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mudra Dance Studio sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within CO. Charities of a similar size with the same main cause include Palm Springs Preservation Foundation ($144k), Theatre Network of Texas Inc ($144k) and Anul Cuwhal Santa Isabel Needles Regional Museum ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. At year end it held assets of $300k against liabilities of $0, net assets of $300k.