House of Dance Foundation

Analysis

House of Dance Foundation is a registered charity in United States, based in Edina, MN. It received its IRS tax-exemption ruling in June 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, House of Dance Foundation reported income of $93k and spending of $66k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $86k to $93k (+7.3%), an average of +7.3% a year. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, House of Dance Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within MN. Charities of a similar size with the same main cause include Bourbon County High Band Inc ($93k), Indian Octaves ($93k) and Spotlight Arts Collective Inc ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $47k against liabilities of $45k, net assets of $2,370.