M3 Dance Inc

Analysis

M3 Dance Inc is a registered charity in United States, based in Bloomingdale, IL. It received its IRS tax-exemption ruling in October 2019, 7 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 December 2023, M3 Dance Inc reported income of $138k and spending of $180k, spending 131% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $151k to $138k (-9.0%), an average of -9.0% a year. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, M3 Dance Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Light Opera of New Jersey Inc ($138k), Schwamb Mill Preservation Trust ($138k) and Milal Missionary Choir Association Inc ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.7% and program service revenue 92% of the total. At year end it held assets of $28k against liabilities of $11k, net assets of $17k.