Out on a Limb Dance Company

Analysis

Out on a Limb Dance Company is a registered charity in United States, based in Falcon HGTS, MN. It received its IRS tax-exemption ruling in June 2001, 25 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, Out on a Limb Dance Company reported income of $193k and spending of $291k, spending 151% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $275k to $193k (-30%), an average of -8.4% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Out on a Limb Dance Company sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within MN. Charities of a similar size with the same main cause include Social Justice Film Institute ($193k), The German School of Atlanta Inc ($193k) and Glorystar Music Education and Cultural Foundation Inc ($193k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $8,100 against liabilities of $96k, net assets of -$88k.