Dance Conservatory of Pasadena School

Analysis

Dance Conservatory of Pasadena School is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Dance Conservatory of Pasadena School reported income of $258k and spending of $421k, spending 163% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $681k to $258k (-62%), an average of -28% a year. The sharpest change came in the year to June 2022, when income dropped by 51%. Over the whole period it spent 131% 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 Conservatory of Pasadena School sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Pan Am Museum Foundation Inc ($258k), Civil Rights Institute of Southern California ($258k) and Atlanta Celebrates Photography Inc ($258k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Other salaries and wages came to $100k. At year end it held assets of $243k against liabilities of $625k, net assets of -$381k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.