Abilities Dance Incorporated

Analysis

Abilities Dance Incorporated is a registered charity in United States, based in Brookline, MA. It received its IRS tax-exemption ruling in July 2018, 8 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, Abilities Dance Incorporated reported income of $270k and spending of $353k, spending 131% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $188k to $270k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 123% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Abilities Dance Incorporated sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Society of Colonial Wars in the State of Ga ($270k), Hurst Ranch Historical Foundations ($270k) and Smoke & Barrel Inc ($270k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $80k (23% of expenses). Other salaries and wages came to $99k. At year end it held assets of $279k against liabilities of $10k, net assets of $269k. It reported 18 employees.