Rocky Mountain Dance Education Foundation

Analysis

Rocky Mountain Dance Education Foundation is a registered charity in United States, based in Colorado Springs, CO. It received its IRS tax-exemption ruling in August 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 (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 2024, Rocky Mountain Dance Education Foundation reported income of $103k and spending of $90k, spending 87% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $76k to $103k (+35%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 69%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rocky Mountain Dance Education Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 34th percentile within CO. Charities of a similar size with the same main cause include Carousel of Smiles Ltd ($103k), Muddy Waters Clay Center Inc ($103k) and Wenar Productions Limited Actors Conservatory Theatre ($103k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.