North American Folk Music and Dance Alliance Inc

Analysis

North American Folk Music and Dance Alliance Inc is a registered charity in United States, based in Lockhart, TX. It received its IRS tax-exemption ruling in September 1996, 30 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, North American Folk Music and Dance Alliance Inc reported income of $483k and spending of $781k, spending 161% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $483k (-61%), an average of -21% a year. The sharpest change came in the year to December 2022, when income rose by 367%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, North American Folk Music and Dance Alliance Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Estonian Educational Society Inc ($483k), Us-China Service Center ($484k) and James Renwick Alliance ($483k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. Other salaries and wages came to $61k. At year end it held assets of $953k against liabilities of $1.3m, net assets of -$308k. It reported 1 employees.