Project Dance Foundation

Analysis

Project Dance Foundation is a registered charity in United States, based in Boone, NC. It received its IRS tax-exemption ruling in October 2003, 23 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, Project Dance Foundation reported income of $181k and spending of $162k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $234k to $181k (-22%), an average of -6.2% a year. The sharpest change came in the year to December 2022, when income rose by 281%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Project Dance Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NC. Charities of a similar size with the same main cause include Abide in the Word Ministries ($181k), Multicultural Genealogical Center of Southern Ohio Inc ($181k) and The Franklin Square Historical Society and Museum ($181k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.