Design Dance Company

Analysis

Design Dance Company is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in January 2020, 6 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, Design Dance Company reported income of $56k and spending of $52k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $56k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Design Dance Company sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within MI. Charities of a similar size with the same main cause include Jxta Real Estate Holding Company ($56k), The Boston Printmakers Inc ($56k) and Israelpromise Inc ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.7% and program service revenue 86% of the total. At year end it held assets of $9,126 against liabilities of $1,929, net assets of $7,197.