Dance Iquail Inc

Analysis

Dance Iquail Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 2010, 16 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Dance Iquail Inc reported income of $141k and spending of $439k, spending 312% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $760k to $141k (-81%), an average of -82% a year. The sharpest change came in the year to June 2023, when income dropped by 81%. Over the whole period it spent 70% 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 Iquail Inc 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 43rd percentile within PA. Charities of a similar size with the same main cause include Lewisville Lake Symphony Association Inc ($141k), Western Maine Childrens Museum ($141k) and Sound Board ($141k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $45k (10% of expenses). Other salaries and wages came to $103k. At year end it held assets of $384k against liabilities of -$16, net assets of $384k. It reported 10 employees.