Friends of Dynamic Dance Corp

Analysis

Friends of Dynamic Dance Corp is a registered charity in United States, based in Butte, MT. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Friends of Dynamic Dance Corp reported income of $60k and spending of $60k, spending 100% of its income. Across the 3 years on record, from July 2020 to July 2023, income fell from $84k to $60k (-28%), an average of -15% a year. The sharpest change came in the year to July 2021, when income dropped by 40%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Dynamic Dance Corp sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within MT. Charities of a similar size with the same main cause include Jupiter Island Historical Society Inc ($60k), Roadway Antique Trucks ($60k) and American Museum of Peace Inc ($60k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.