Sonoma Conservatory of Dance

Analysis

Sonoma Conservatory of Dance is a registered charity in United States, based in Sonoma, CA. It received its IRS tax-exemption ruling in January 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sonoma Conservatory of Dance reported income of $213k and spending of $276k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $249k to $213k (-14%), an average of -3.8% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sonoma Conservatory of Dance sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Warner Drive in Cultural Resource Center Inc ($213k), Peninsula Art Guild ($213k) and Fellowship for Intentional Community Inc ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $110k (40% of expenses). Other salaries and wages came to $46k. At year end it held assets of $79k against liabilities of $59k, net assets of $20k. It reported 24 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.