Kanawaha Valley of Old Time Music and Dance

Analysis

Kanawaha Valley of Old Time Music and Dance is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in April 1984, 42 years ago. 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 June 2024, Kanawaha Valley of Old Time Music and Dance reported income of $77k and spending of $80k, spending 104% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $121k to $77k (-36%), an average of -36% a year. The sharpest change came in the year to June 2024, when income dropped by 36%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kanawaha Valley of Old Time Music and Dance sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within WV. Charities of a similar size with the same main cause include Granville Ohio Historical Society ($77k), Marin Music Chest ($77k) and West Virginians for Life Inc Educational Trust Fund ($77k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 42% and program service revenue 55% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.