Academy of Dance and Creative Arts Inc

Analysis

Academy of Dance and Creative Arts Inc is a registered charity in United States, based in Prattsville, NY. It received its IRS tax-exemption ruling in December 2015, 11 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 November 2023, Academy of Dance and Creative Arts Inc reported income of $74k and spending of $79k, spending 108% of what it took in. Across the 2 years on record, from November 2022 to November 2023, income grew from $60k to $74k (+22%), an average of +22% a year. The sharpest change came in the year to November 2023, when income rose by 22%. 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, Academy of Dance and Creative Arts Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include River City Youth Ballet Ensemble Inc ($74k), Iredell Concert Association ($74k) and Robstown Area Historical Museum ($74k).

On its Form 990-EZ for the period ending November 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $370 against liabilities of $0, net assets of $370.