Friends of Metro Dance

Analysis

Friends of Metro Dance is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in December 1995, 31 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 2024, Friends of Metro Dance reported income of $172k and spending of $147k, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $74k to $172k (+133%), an average of +24% a year. The sharpest change came in the year to June 2024, when income rose by 122%. Over the whole period it spent 115% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Metro Dance sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within TN. Charities of a similar size with the same main cause include Impact 100 Seattle ($172k), Nvak Inc ($172k) and National Society of the Daughters of the American Revolution ($172k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 77% of the total. At year end it held assets of $187k against liabilities of $1,100, net assets of $185k.