Desi Dance Network Incorporated

Analysis

Desi Dance Network Incorporated is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Desi Dance Network Incorporated reported income of $301k and spending of $128k, leaving 57% of income unspent that year. Across the 3 years on record, from May 2019 to May 2024, income grew from $253k to $301k (+19%), an average of +9.1% a year. The sharpest change came in the year to May 2024, when income rose by 159%. Over the whole period it spent 64% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Desi Dance Network Incorporated sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Hubzone Technology Initiative Inc ($301k), Buffalo Institute for Contemporary Art Inc ($301k) and Balkan Cultural Center ($301k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 57% and program service revenue 42% of the total. At year end it held assets of $217k against liabilities of $0, net assets of $217k.