Cleveland Modern Dance Association

Analysis

Cleveland Modern Dance Association is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in March 1965, 61 years ago. 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 June 2023, Cleveland Modern Dance Association reported income of $599k and spending of $586k, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $639k to $599k (-6.2%), an average of -2.1% a year. The sharpest change came in the year to June 2022, when income rose by 48%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cleveland Modern Dance Association sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within OH. Charities of a similar size with the same main cause include North Shore Nursery School ($599k), Wahoo Community Foundation ($599k) and Water Is Life Kenya Inc ($599k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $84k (14% of expenses). Other salaries and wages came to $160k. At year end it held assets of $688k against liabilities of $99k, net assets of $589k. It reported 5 employees.