North American Folk Music and Dance Alliance Inc

Analysis

North American Folk Music and Dance Alliance Inc is a registered charity in United States, based in Union City, CA. It received its IRS tax-exemption ruling in September 1996, 30 years ago. 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, North American Folk Music and Dance Alliance Inc reported income of $56k and spending of $68k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $3,480 to $56k (+1495%), an average of +1495% a year. The sharpest change came in the year to December 2023, when income rose by 1495%. Over the whole period it spent 140% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North American Folk Music and Dance Alliance Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include Michael S Baggish MD Resident Educational Fund ($56k), South Ridge PTA 3 6 35 ($56k) and Desert Angels Inc ($56k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $119k against liabilities of $61, net assets of $119k.