Diversity of Dance Inc

Analysis

Diversity of Dance Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 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 December 2023, Diversity of Dance Inc reported income of $335k and spending of $370k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $397k to $335k (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Diversity of Dance Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Gospel Opportunities Inc ($335k), South Philadelphia String Band Inc ($335k) and Community Doula Alliance ($335k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $27k (7.3% of expenses). Other salaries and wages came to $110k. At year end it held assets of $44k against liabilities of $21k, net assets of $23k. It reported 21 employees.