Dance Service New York City Inc

Analysis

Dance Service New York City Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 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 December 2023, Dance Service New York City Inc reported income of $1.4m and spending of $1.9m, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $1.4m (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2020, when income rose by 89%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dance Service New York City Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Billings Symphony Society ($1.4m), Sons of the Revolution in the State of New York Inc ($1.4m) and Green Branch Management Group Corp ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $116k (6.2% of expenses). Other salaries and wages came to $589k. It paid $24k in professional fundraising fees. At year end it held assets of $3.1m against liabilities of $710k, net assets of $2.4m. It reported 14 employees.