Shango Music and Dance

Analysis

Shango Music and Dance is a registered charity in United States, based in Salt Lake City, UT. It received its IRS tax-exemption ruling in March 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 December 2023, Shango Music and Dance reported income of $116k and spending of $110k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $116k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shango Music and Dance sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within UT. Charities of a similar size with the same main cause include Cadillac Footliters Inc ($116k), Networks ($116k) and Bricklandia Inc ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $56k against liabilities of $503, net assets of $56k.