NV Dance Company

Analysis

NV Dance Company is a registered charity in United States, based in Napa, CA. It received its IRS tax-exemption ruling in March 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, NV Dance Company reported income of $384k and spending of $375k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $238k to $384k (+62%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, NV Dance Company sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Arc Dance Productions ($384k), Douglas County Historical Society ($384k) and Womens Art Center of the Hamptons Inc ($384k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $47k (12% of expenses). Other salaries and wages came to $51k. It paid $2,400 in professional fundraising fees. At year end it held assets of $55k against liabilities of $12k, net assets of $43k. It reported 14 employees.