Cleveland School of Dance

Analysis

Cleveland School of Dance is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in March 2001, 25 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Cleveland School of Dance reported income of $339k and spending of $337k, spending 99% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $272k to $339k (+25%), an average of +5.7% a year. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cleveland School of Dance sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within OH. Charities of a similar size with the same main cause include Harrisonburg-Rockingham Historical Society ($339k), American Society of Parasitologists Inc a New Mexico Nonprofit Corpo ($339k) and Badger Steam & Gas Engine Club Inc ($339k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 16% and program service revenue 83% of the total. Other salaries and wages came to $140k. It paid $2,171 in professional fundraising fees. At year end it held assets of $32k against liabilities of $78k, net assets of -$46k. It reported 2 employees.