Glenwood Dance Studio

Analysis

Glenwood Dance Studio is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 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, Glenwood Dance Studio reported income of $104k and spending of $90k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $104k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Glenwood Dance Studio sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within IL. Charities of a similar size with the same main cause include Metro Performance Resources Inc ($104k), Powerset Volleyball Club ($104k) and Rodney Washington ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.6% and program service revenue 95% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.