South Carolina Summer Dance Conservatory

Analysis

South Carolina Summer Dance Conservatory is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in February 2001, 25 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, South Carolina Summer Dance Conservatory reported income of $276k and spending of $266k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $281k to $276k (-2.0%), an average of -0.5% a year. The sharpest change came in the year to December 2021, when income rose by 877%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, South Carolina Summer Dance Conservatory sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 65th percentile within SC. Charities of a similar size with the same main cause include Crosswinds Foundation for Faith and Culture ($276k), Bare Bait Dance ($276k) and Piedmont Wind Symphony ($276k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $32k (12% of expenses). Other salaries and wages came to $39k. At year end it held assets of $32k against liabilities of $1,366, net assets of $31k. It reported 3 employees.