USA Dance Inc

Analysis

USA Dance Inc is a registered charity in United States, based in Palm Bay, FL. It received its IRS tax-exemption ruling in March 1985, 41 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 2023, USA Dance Inc reported income of $1.9m and spending of $1.9m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $1.9m (-8.0%), an average of -2.1% a year. The sharpest change came in the year to December 2022, when income rose by 173%. 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, USA Dance 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 86th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Production Farm Inc ($1.9m), Indiana State School Music Association Inc ($1.9m) and Na Leo O Hawaii Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 79% of the total. At year end it held assets of $2.3m against liabilities of $218k, net assets of $2.0m.