Lake Tahoe Dance Collective Inc

Analysis

Lake Tahoe Dance Collective Inc is a registered charity in United States, based in Tahoe City, CA. It received its IRS tax-exemption ruling in July 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, Lake Tahoe Dance Collective Inc reported income of $286k and spending of $282k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $186k to $286k (+53%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lake Tahoe Dance Collective Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Creative Minds Mt Inc ($286k), Onstage Atlanta Inc ($286k) and Continuo Arts Foundation Inc ($286k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $22k (7.8% of expenses). Other salaries and wages came to $13k. At year end it held assets of $66k against liabilities of $14k, net assets of $52k. It reported 8 employees.