Divine Dance Institute Inc

Analysis

Divine Dance Institute Inc is a registered charity in United States, based in Capitol HGTS, MD. It received its IRS tax-exemption ruling in August 2014, 12 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 December 2022, Divine Dance Institute Inc reported income of $327k and spending of $315k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $270k to $327k (+21%), an average of +6.6% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Divine Dance Institute Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MD. Charities of a similar size with the same main cause include Orange County Fire Services Association ($327k), Depot Theater Inc ($327k) and Arts of the Albemarle Aoa ($327k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 6.1% and program service revenue 93% of the total. Other salaries and wages came to $78k. At year end it held assets of $20k against liabilities of $182k, net assets of -$162k. It reported 8 employees.