Junction Dance Co

Analysis

Junction Dance Co is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in January 2022, 4 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, Junction Dance Co reported income of $332k and spending of $310k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $150k to $332k (+122%), an average of +122% a year. The sharpest change came in the year to December 2023, when income rose by 122%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Junction Dance Co sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within UT. Charities of a similar size with the same main cause include Cultural Coalition Inc ($332k), Mitte Cultural District ($332k) and Harm Reduction Ohio ($332k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 51% of the total. Other salaries and wages came to $118k. At year end it held assets of $22k against liabilities of $0, net assets of $22k.