Open World Dance Foundation Inc

Analysis

Open World Dance Foundation Inc is a registered charity in United States, based in Merritt Is, FL. It received its IRS tax-exemption ruling in May 2012, 14 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 2022, Open World Dance Foundation Inc reported income of $102k and spending of $99k, spending 97% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $237k to $102k (-57%), an average of -24% a year. The sharpest change came in the year to December 2020, when income dropped by 33%. 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, Open World Dance Foundation Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include San Jose Chinese School ($102k), Centro Cultural Cubano Inc ($102k) and Los Angeles Womens Theatre Festival ($102k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $3,179 against liabilities of $0, net assets of $3,179.