Airdance New Mexico Inc

Analysis

Airdance New Mexico Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in November 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Airdance New Mexico Inc reported income of $78k and spending of $79k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $158k to $78k (-51%), an average of -51% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Airdance New Mexico Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 26th percentile within NM. Charities of a similar size with the same main cause include Lake County Symphony Orchestra ($78k), The American Slovenian Polka Foundation ($78k) and Friends of Whitman County Library ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 91% of the total. At year end it held assets of $6,097 against liabilities of $0, net assets of $6,097.