Orange County Music and Dance Inc

Analysis

Orange County Music and Dance Inc is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in November 2016, 10 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Orange County Music and Dance Inc reported income of $2.5m and spending of $2.4m, spending 97% of its income. Across the 5 years on record, from December 2019 to August 2023, income fell from $2.6m to $2.5m (-4.6%), an average of -1.2% a year. The sharpest change came in the year to August 2023, when income rose by 124%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Orange County Music and Dance Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Blackstone Valley Tourism Council Inc ($2.5m), Independent World Television Inc ($2.5m) and The American Center of Research Incorporated ($2.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 69% and program service revenue 28% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $13.9m against liabilities of $60k, net assets of $13.8m. It reported 69 employees.