Dancexpress

Analysis

Dancexpress is a registered charity in United States, based in Denton, TX. It received its IRS tax-exemption ruling in July 1992, 34 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, Dancexpress reported income of $55k and spending of $45k, spending 82% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $37k to $55k (+46%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 84%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dancexpress sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Camp Gordon Johnston Assoc ($55k), Midwest Modern Language Association ($55k) and Fryderyk Chopin Society of Texas Inc ($55k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 26% and program service revenue 74% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.