Dancemakers Inc

Analysis

Dancemakers Inc is a registered charity in United States, based in Lanham, MD. It received its IRS tax-exemption ruling in November 2000, 26 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 2022, Dancemakers Inc reported income of $1.9m and spending of $1.8m, spending 92% of its income. Across the 4 years on record, from December 2018 to December 2022, income grew from $1.1m to $1.9m (+67%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dancemakers Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MD. Charities of a similar size with the same main cause include Loveland High Plains Arts Council Inc ($1.9m), Sierra Nevada Childrens Museum ($1.9m) and Toledo Cultural Arts Center Inc ($1.9m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 52% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $70k (4.0% of expenses). Other salaries and wages came to $351k. At year end it held assets of $363k against liabilities of $123k, net assets of $241k. It reported 11 employees.