Dance Project Inc

Analysis

Dance Project Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in October 1974, 52 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Dance Project Inc reported income of $267k and spending of $309k, spending 116% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $217k to $267k (+23%), an average of +7.2% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dance Project Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within NC. Charities of a similar size with the same main cause include Hillel Advisory Council of Greater Long Beach and West Orange Co Inc ($267k), Small Treasures Learning Center Inc ($267k) and The Korean Association of the Greater Atlanta Area Inc ($267k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $96k (31% of expenses). Other salaries and wages came to $91k. At year end it held assets of $542k against liabilities of $0, net assets of $542k. It reported 6 employees.