Metropolitan School of Dance Inc

Analysis

Metropolitan School of Dance Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in February 1991, 35 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Metropolitan School of Dance Inc reported income of $193k and spending of $202k, spending 105% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $69k to $193k (+179%), an average of +41% a year. The sharpest change came in the year to December 2022, when income rose by 118%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Metropolitan School of Dance Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within OK. Charities of a similar size with the same main cause include Illinois Valley Orchestral Association ($192k), Taos Valley Acequia Association ($193k) and Licking Bridge Builders Inc Senior Center ($192k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $24k, net assets of -$3,205.