Dancers Legacy Foundation

Analysis

Dancers Legacy Foundation is a registered charity in United States, based in Great Falls, VA. It received its IRS tax-exemption ruling in June 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 (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, Dancers Legacy Foundation reported income of $100k and spending of $85k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $115k to $100k (-13%), an average of -13% a year. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dancers Legacy Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within VA. Charities of a similar size with the same main cause include Native Daughters of the Golden West Charitable Foundation Inc ($100k), Riverbend Live ($100k) and Indian-American Cultural Association of Westchester Inc ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $199k against liabilities of $25k, net assets of $174k.