Carousel Dance Company

Analysis

Carousel Dance Company is a registered charity in United States, based in West Hills, CA. It received its IRS tax-exemption ruling in July 2019, 7 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 July 2024, Carousel Dance Company reported income of $174k and spending of $161k, spending 92% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $109k to $174k (+59%), an average of +60% a year. The sharpest change came in the year to July 2024, when income rose by 59%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Carousel Dance Company sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Renovare Music Inc ($174k), We Are Instrumental Inc ($174k) and Ligonier Valley Historical Society ($174k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 8.4% and program service revenue 44% of the total. At year end it held assets of $24k against liabilities of $5,147, net assets of $19k.