McLaughlin Dance Collective

Analysis

McLaughlin Dance Collective is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in February 2021, 5 years ago. 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, McLaughlin Dance Collective reported income of $327k and spending of $296k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $245k to $327k (+34%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, McLaughlin Dance Collective sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Charles Meadow Corporation ($327k), Taproots Inc ($327k) and St Croix Kids Early Childhood Center ($327k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. Compensation of current officers, directors and key employees was $13k (4.3% of expenses). Other salaries and wages came to $18k. At year end it held assets of $221k against liabilities of $2,238, net assets of $219k.