Rosy Simas Danse Inc

Analysis

Rosy Simas Danse Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in November 2017, 9 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 December 2023, Rosy Simas Danse Inc reported income of $413k and spending of $429k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $267k to $413k (+55%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rosy Simas Danse Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within MN. Charities of a similar size with the same main cause include Waub Ajijaak Press & Foundation ($413k), West Manheim Housing Inc ($413k) and H Fletcher Brown Trust Uw Fbo YMCA of Wilmington Delaware ($413k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.9% of the total. Compensation of current officers, directors and key employees was $88k (21% of expenses). Other salaries and wages came to $84k. It paid $2,940 in professional fundraising fees. At year end it held assets of $133k against liabilities of $0, net assets of $133k. It reported 15 employees.