Av Dance Studio 81 Parent Organization Inc

Analysis

Av Dance Studio 81 Parent Organization Inc is a registered charity in United States, based in Lancaster, CA. It received its IRS tax-exemption ruling in March 2023, 3 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 2020, Av Dance Studio 81 Parent Organization Inc reported income of $107k and spending of $97k, spending 91% of its income. Across the 3 years on record, from December 2018 to December 2020, income grew from $28k to $107k (+279%), an average of +95% a year. The sharpest change came in the year to December 2019, when income rose by 489%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Av Dance Studio 81 Parent Organization Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Society of 1842 ($107k), Urban Culture and Heritage Initiative Inc ($107k) and Brown V Board Sumner Legacy TR ($106k).

On its Form 990-EZ for the period ending December 2020, revenue came from contributions and grants 100% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.