Polaris Dance Company

Analysis

Polaris Dance Company is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in November 2003, 23 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, Polaris Dance Company reported income of $206k and spending of $227k, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $318k to $206k (-35%), an average of -10% a year. The sharpest change came in the year to June 2023, when income dropped by 30%. 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, Polaris Dance Company sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within OR. Charities of a similar size with the same main cause include Rick & Mick Vigneulle Ministries Inc ($206k), Capitol Theatre of Greeneville Inc ($206k) and Dandylyon Drama ($206k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Other salaries and wages came to $23k. At year end it held assets of $17k against liabilities of $4,755, net assets of $13k. It reported 16 employees.