Southern Association of Dance Masters Inc

Analysis

Southern Association of Dance Masters Inc is a registered charity in United States, based in Bartlett, TN. It received its IRS tax-exemption ruling in March 1978, 48 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, Southern Association of Dance Masters Inc reported income of $72k and spending of $49k, leaving 32% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income fell from $89k to $72k (-19%), an average of -10% a year. The sharpest change came in the year to June 2023, when income rose by 45%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southern Association of Dance Masters Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within TN. Charities of a similar size with the same main cause include Jordan Community Council Inc ($72k), Hispanic Community Connection Conexion Comunidad Hispana ($72k) and Encore Encore Inc ($72k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 92% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.