Mid America Dance Company

Analysis

Mid America Dance Company is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in August 1977, 49 years ago. 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, Mid America Dance Company reported income of $79k and spending of $68k, spending 87% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $318k to $79k (-75%), an average of -24% a year. The sharpest change came in the year to June 2022, when income rose by 153%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mid America Dance Company sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within MO. Charities of a similar size with the same main cause include Veterans Foundation of North Carolina Inc ($79k), Manic Depressive Illness Foundation ($79k) and Beyond Support Network Foundation Inc ($79k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 71% and program service revenue 29% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.