Dance Masters of California

Analysis

Dance Masters of California is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in July 2002, 24 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 August 2023, Dance Masters of California reported income of $143k and spending of $121k, spending 85% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $98k to $143k (+46%), an average of +46% a year. The sharpest change came in the year to August 2023, when income rose by 46%. 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, Dance Masters of California sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Naperville Youth Symphony Orchestra ($143k), Trustees of the Corcoran Gallery of Art ($143k) and Ortega Y Gasset Projects Inc ($143k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 3.7% and program service revenue 85% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.