Red River Dance and Performing Company

Analysis

Red River Dance and Performing Company is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in May 1978, 48 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Red River Dance and Performing Company reported income of $684k and spending of $688k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $700k to $684k (-2.3%), an average of -0.6% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Red River Dance and Performing Company sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within ND. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($684k), Harvey Ambulance Service Inc ($684k) and Depaul Housing Management Corporation ($684k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.2% and program service revenue 88% of the total. Other salaries and wages came to $271k. At year end it held assets of $450k against liabilities of $3,005, net assets of $447k. It reported 45 employees.