Columbia City Jazz Dance Company and Scholl

Analysis

Columbia City Jazz Dance Company and Scholl is a registered charity in United States, based in Lexington, SC. It received its IRS tax-exemption ruling in March 1999, 27 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 June 2023, Columbia City Jazz Dance Company and Scholl reported income of $486k and spending of $475k, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $409k to $486k (+19%), an average of +5.9% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Columbia City Jazz Dance Company and Scholl sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within SC. Charities of a similar size with the same main cause include Pickle Hill Public Broadcasting Inc ($486k), Garrett County Arts Council Inc ($486k) and Akhmedova Ballet Foundation Inc ($486k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.2% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $75k (16% of expenses). Other salaries and wages came to $39k. At year end it held assets of $1.0m against liabilities of $1.1m, net assets of -$13k. It reported 15 employees.