Dancewire

Analysis

Dancewire is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in June 2015, 11 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, Dancewire reported income of $95k and spending of $121k, spending 128% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $137k to $95k (-31%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dancewire sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within OR. Charities of a similar size with the same main cause include Southwestern Association for Clinical Microbiology Inc ($95k), Casa de LA Cultura Latino Americana ($95k) and Japan America Society of Minnesota ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.