Company Dance Traverse

Analysis

Company Dance Traverse is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in April 1993, 33 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Company Dance Traverse reported income of $284k and spending of $225k, leaving 21% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $120k to $284k (+137%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Company Dance Traverse sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MI. Charities of a similar size with the same main cause include The Gaden Shartse Cultural Foundation ($284k), Buena Vista Heritage ($284k) and Window on a Wider World ($284k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.