R a C E Dance Company

Analysis

R a C E Dance Company is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in November 2010, 16 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 June 2024, R a C E Dance Company reported income of $279k and spending of $243k, spending 87% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $143k to $279k (+95%), an average of +40% a year. The sharpest change came in the year to June 2023, when income rose by 50%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, R a C E Dance Company 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 60th percentile, and in the 61st percentile within OK. Charities of a similar size with the same main cause include Asociacion de Documentalistas de Puerto Rico Inc ($279k), Arts in Health Ocala Metro Inc ($279k) and Troy Community FM ($279k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 41% and program service revenue 56% of the total. At year end it held assets of $67k against liabilities of $6,850, net assets of $60k. It reported 4 employees.