Urbanity Dance Inc

Analysis

Urbanity Dance Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in September 2013, 13 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 June 2023, Urbanity Dance Inc reported income of $1.1m and spending of $1.2m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $1.1m (-0.9%), an average of -0.2% a year. The sharpest change came in the year to June 2021, when income dropped by 24%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Urbanity Dance Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Orrin G Hatch Foundation ($1.1m), Elsie Publishing Institute ($1.1m) and San Diego Film Foundation ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 62% of the total. Other salaries and wages came to $697k. At year end it held assets of $1.6m against liabilities of $1.2m, net assets of $382k. It reported 58 employees.