Latsky Dance Inc

Analysis

Latsky Dance Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 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 June 2023, Latsky Dance Inc reported income of $324k and spending of $276k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $335k to $324k (-3.3%), an average of -0.8% a year. The sharpest change came in the year to June 2023, when income rose by 45%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Latsky Dance Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Library of American Landscape History Inc ($324k), Iconos Kids Inc ($324k) and Burke Arts Council Inc ($324k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $103k (37% of expenses). Other salaries and wages came to $103k. At year end it held assets of $310k against liabilities of $41k, net assets of $269k. It reported 20 employees.