Chicago National Association of Dance Masters

Analysis

Chicago National Association of Dance Masters is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in October 1992, 34 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, Chicago National Association of Dance Masters reported income of $357k and spending of $335k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $314k to $357k (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 409%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chicago National Association of Dance Masters 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 65th percentile, and in the 65th percentile within IL. Charities of a similar size with the same main cause include River Heritage Museum Inc ($357k), Teatro Grattacielo ($357k) and Dallas Architecture Forum ($356k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.8% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $20k (6.0% of expenses). At year end it held assets of $392k against liabilities of $1,214, net assets of $391k. It reported 1 employees.