Youth Dance Ensemble

Analysis

Youth Dance Ensemble is a registered charity in United States, based in Eden Prairie, MN. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Youth Dance Ensemble reported income of $223k and spending of $236k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $217k to $223k (+2.8%), an average of +0.7% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Youth Dance Ensemble 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 56th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include Childrens Art Studio ($223k), Nittany Antique Machinery Association ($223k) and Dixieland Monterey a California Corporation ($223k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $54k (23% of expenses). Other salaries and wages came to $51k. At year end it held assets of $46 against liabilities of $5,113, net assets of -$5,067. It reported 3 employees.