Childrens Dance Foundation

Analysis

Childrens Dance Foundation is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in December 1981, 45 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Childrens Dance Foundation reported income of $1.0m and spending of $1.0m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $767k to $1.0m (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Childrens Dance Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within AL. Charities of a similar size with the same main cause include Undersea Technology Innovation Center ($1.0m), SS United States Conservancy ($1.0m) and Crowded Fire Theater Company ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $80k (7.8% of expenses). Other salaries and wages came to $448k. At year end it held assets of $1.6m against liabilities of $321k, net assets of $1.2m. It reported 37 employees.