Delaware Dance Cmpany

Analysis

Delaware Dance Cmpany is a registered charity in United States, based in Newark, DE. It received its IRS tax-exemption ruling in May 1984, 42 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 August 2023, Delaware Dance Cmpany reported income of $529k and spending of $544k, spending 103% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $550k to $529k (-3.8%), an average of -1.0% a year. The sharpest change came in the year to August 2022, when income dropped by 18%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Delaware Dance Cmpany sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 66th percentile within DE. Charities of a similar size with the same main cause include The Association for Rural & Small Libraries Inc ($529k), Houston Swing Dance Society ($529k) and Peninsula Choral Association Dba Peninsula Girls Chorus ($529k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 16% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $90k (17% of expenses). Other salaries and wages came to $108k. At year end it held assets of $852k against liabilities of $715k, net assets of $137k. It reported 26 employees.