Lineage Dance Company

Analysis

Lineage Dance Company is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in February 2007, 19 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 June 2023, Lineage Dance Company reported income of $580k and spending of $422k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $294k to $580k (+97%), an average of +18% a year. The sharpest change came in the year to June 2020, when income rose by 149%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lineage Dance Company sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Guma Guam Unique Merchandise Art Inc ($580k), Academy of Science of St Louis ($580k) and Moclips by the Sea Historical Society ($579k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $50k (12% of expenses). Other salaries and wages came to $157k. At year end it held assets of $806k against liabilities of -$2,344, net assets of $808k. It reported 25 employees.