Dancing Classrooms Greater Richmond Inc

Analysis

Dancing Classrooms Greater Richmond Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Dancing Classrooms Greater Richmond Inc reported income of $145k and spending of $136k, spending 94% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $120k to $145k (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2022, when income rose by 212%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dancing Classrooms Greater Richmond Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within VA. Charities of a similar size with the same main cause include Comtra Cultural Center Corp ($145k), Sacramento Zoroastrian Association ($145k) and Joseph a Ferko String Band Inc ($145k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $51k (38% of expenses). At year end it held assets of $123k against liabilities of $0, net assets of $123k. It reported 1 employees.