Premiere Dance Company Inc

Analysis

Premiere Dance Company Inc is a registered charity in United States, based in Helena, MT. It received its IRS tax-exemption ruling in November 1988, 38 years ago. 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 July 2023, Premiere Dance Company Inc reported income of $117k and spending of $86k, leaving 26% of income unspent that year. Across the 2 years on record, from July 2022 to July 2023, income grew from $42k to $117k (+178%), an average of +178% a year. The sharpest change came in the year to July 2023, when income rose by 178%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Premiere Dance Company Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 38th percentile within MT. Charities of a similar size with the same main cause include Mount Shasta Trail Association Inc ($117k), Spokane Masonic Temple Foundation ($117k) and Durango Cowboy Poetry Gathering Inc ($117k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 24% and program service revenue 53% of the total. At year end it held assets of $53k against liabilities of $1,540, net assets of $51k.