Mad Shak Dance Company

Analysis

Mad Shak Dance Company is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 1995, 31 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, Mad Shak Dance Company reported income of $75k and spending of $65k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $25k to $75k (+197%), an average of +197% a year. The sharpest change came in the year to December 2023, when income rose by 197%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mad Shak Dance Company sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within IL. Charities of a similar size with the same main cause include Fradkin Foundation for Economic Research ($75k), Ethiopian Tigray Community in Minnesota ($75k) and Cinco Ranch Theatre Company Booster Club ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.5% of the total. At year end it held assets of $17k against liabilities of $1,972, net assets of $15k.